Newton (NEW)

Current price: $ 0.000886

24 hours price change: $ -0.000033 (-3.59%)

Daily analysis of Newton (NEW) - 1 year

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 year, starting on January 26th, 2021 to January 26th, 2022.

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 01/26/2021 and 01/26/2022.

According to the performance of Newton between January 26th, 2021 and January 26th, 2022, Newton performed the best on Saturdays. On average, the price of Newton increased 1.05% on Saturday.

The weekday on which the Newton performed the worst, is Friday. On Fridays, the Newton declined in value on average by -1.49%.

Newton weekday performance

Newton increased in value on an average Sunday only slightly. The average increase in value of the Newton was 0.10%. Allthough the Newton closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (3.92%). This means that on 68 percent of the Sundays, the change in price of the Newton is expected to be in the range of -3.82% and 4.02%.

It is hard to tell whether the Newton will increase or decrease in value on an average Monday. The average change on a Monday for the Newton is -0.20%. However, the standard deviation on this weekday is 2.91%. This means that on most Mondays, the change in value of the Newton is between -3.11% and 2.72%.

On Tuesdays, the Newton decreases in value on average with -0.69%. On most of the Tuesdays the Newton decreases in value between -4.09% and 2.70%. The uncertainty (3.39%) is higher than the average decline percentage (-0.69%). Therefore, expected range of price changes of the Newton on Tuesdays is large.

Historical performance on Wednesday 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 Wednesday with 0.98%. However, the uncertainty of this increase is high. The expected change in value of the Newton on a Wednesday is between -8.11% and 10.08% (see also the table below).

It is hard to tell whether the Newton will increase or decrease in value on an average Thursday. The average change on a Thursday for the Newton is -0.26%. However, the standard deviation on this weekday is 2.16%. This means that on most Thursdays, the change in value of the Newton is between -2.42% and 1.91%.

The Newton declines in value on an average Friday with -1.49%. However, the uncertainty (or standard deviation) is quite large, namely 6.88%. This means that it is not possible to say whether on a regular Friday the Newton will increase or decrease in value.

On an average Saturday the Newton shows an increase in value of 1.05%. However, the change of Newton on most of the Saturdays is between -8.52% and 10.62%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Newtons.

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 0.10% 3.92% -3.82% to 4.02%
Monday -0.20% 2.91% -3.11% to 2.72%
Tuesday -0.69% 3.39% -4.09% to 2.70%
Wednesday 0.98% 9.10% -8.11% to 10.08%
Thursday -0.26% 2.16% -2.42% to 1.91%
Friday -1.49% 6.88% -8.37% to 5.39%
Saturday 1.05% 9.57% -8.52% to 10.62%
 

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