Newton (NEW)

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Daily analysis of Newton (NEW) - 1 month

The performance of Newton regarding the price differs every day. To make the best decision to buy Newton, we are analysis in this article the performance of Newton on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on January 27th, 2021 to February 25th, 2021.

In the barchart below, the weekdays and average performance of Newton are shown side by side.

Average daily change in price of Newton per weekday between 01/27/2021 and 02/25/2021.

According to the performance of Newton between January 27th, 2021 and February 25th, 2021, Newton performed the best on Wednesdays. On average, the price of Newton increased 2.67% on Wednesday.

The weekday on which the Newton performed the worst, is Monday. On Mondays, the Newton declined in value on average by -3.66%.

Newton weekday performance

On an average Sunday, the Newton increased 0.34%. However, since the expected deviation is 1.81%, the Newton will decline in value on a Sunday quiet regularly. The expected price change of the Newton on a Sunday is between -1.46% and 2.15%.

The decrease in value of the Newton is -3.66% on an average Monday. The uncertainty of the average change is high for the Newton on Mondays. This means that it is hard to tell whether the Newton will decrease or increase in value on an average Monday. If we look at the 68% range of the Newton, we see that on 68% of the Mondays, the expected change of the Newton is between -7.84% and 0.52%.

Historical performance on Tuesday do not show an increase in value of the Newton on which a prediction can be made. The Newton increased in value on average on an average Tuesday with 0.99%. However, the uncertainty of this increase is high. The expected change in value of the Newton on a Tuesday is between -0.46% and 2.45% (see also the table below).

On an average Wednesday the Newton shows an increase in value of 2.67%. However, the change of Newton on most of the Wednesdays is between -1.38% and 6.72%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Newtons.

Historical performance on Thursday do not show an increase in value of the Newton on which a prediction can be made. The Newton increased in value on average on an average Thursday with 0.77%. However, the uncertainty of this increase is high. The expected change in value of the Newton on a Thursday is between -0.26% and 1.81% (see also the table below).

On an average Friday, the Newton increased 0.35%. However, since the expected deviation is 0.58%, the Newton will decline in value on a Friday quiet regularly. The expected price change of the Newton on a Friday is between -0.23% and 0.94%.

The decrease in value of the Newton is -3.45% on an average Saturday. The uncertainty of the average change is high for the Newton on Saturdays. This means that it is hard to tell whether the Newton will decrease or increase in value on an average Saturday. If we look at the 68% range of the Newton, we see that on 68% of the Saturdays, the expected change of the Newton is between -7.74% and 0.84%.

Newton weekday performance details

Find below the details of the performance of Newton per day of the week. Both the average change in percentage and the standard deviation. The higher the standard deviation is, the higher the variation within the range of average change. Therefore, the 68% range has been added, which represents the change in price on 68% of the days.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday 0.34% 1.81% -1.46% to 2.15%
Monday -3.66% 4.18% -7.84% to 0.52%
Tuesday 0.99% 1.45% -0.46% to 2.45%
Wednesday 2.67% 4.05% -1.38% to 6.72%
Thursday 0.77% 1.03% -0.26% to 1.81%
Friday 0.35% 0.58% -0.23% to 0.94%
Saturday -3.45% 4.29% -7.74% to 0.84%
 

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