Newton (NEW)

Current price: $ 0.001815

24 hours price change: $ -0.000051 (-2.73%)

Daily analysis of Newton (NEW) - 6 months

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 6 months, starting on July 19th, 2021 to January 19th, 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 07/19/2021 and 01/19/2022.

According to the performance of Newton between July 19th, 2021 and January 19th, 2022, Newton performed the best on Saturdays. On average, the price of Newton increased 2.62% on Saturday.

The weekday on which the Newton performed the worst, is Tuesday. On Tuesdays, the Newton declined in value on average by -1.40%.

Newton weekday performance

It is hard to tell whether the Newton will increase or decrease in value on an average Sunday. The average change on a Sunday for the Newton is -0.21%. However, the standard deviation on this weekday is 5.23%. This means that on most Sundays, the change in value of the Newton is between -5.43% and 5.02%.

Allthough the Newton decreases in value with -0.60% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Newton on Mondays is 2.47%. This means that the expected change of the value of Newton is between -3.07% and 1.87% on 68 out of 100 Mondays.

The Newton declines in value on an average Tuesday with -1.40%. However, the uncertainty (or standard deviation) is quite large, namely 4.26%. This means that it is not possible to say whether on a regular Tuesday the Newton will increase or decrease in value.

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 0.71%. However, the uncertainty of this increase is high. The expected change in value of the Newton on a Wednesday is between -2.66% and 4.07% (see also the table below).

On Thursdays, the Newton decreases in value on average with -0.61%. On most of the Thursdays the Newton decreases in value between -3.40% and 2.17%. The uncertainty (2.79%) is higher than the average decline percentage (-0.61%). Therefore, expected range of price changes of the Newton on Thursdays is large.

Allthough the Newton decreases in value with -0.53% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Newton on Fridays is 3.31%. This means that the expected change of the value of Newton is between -3.84% and 2.78% on 68 out of 100 Fridays.

On an average Saturday the Newton shows an increase in value of 2.62%. However, the change of Newton on most of the Saturdays is between -10.54% and 15.78%. 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 -0.21% 5.23% -5.43% to 5.02%
Monday -0.60% 2.47% -3.07% to 1.87%
Tuesday -1.40% 4.26% -5.66% to 2.86%
Wednesday 0.71% 3.36% -2.66% to 4.07%
Thursday -0.61% 2.79% -3.40% to 2.17%
Friday -0.53% 3.31% -3.84% to 2.78%
Saturday 2.62% 13.16% -10.54% to 15.78%
 

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