Newton (NEW)

Current price: $ 0.000639

24 hours price change: - (-)

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 January 16th, 2020 to July 15th, 2020.

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 01/16/2020 and 07/15/2020.

According to the performance of Newton between January 16th, 2020 and July 15th, 2020, Newton performed the best on Fridays. On average, the price of Newton increased 0.86% on Friday.

The weekday on which the Newton performed the worst, is Wednesday. On Wednesdays, the Newton declined in value on average by -0.99%.

Newton weekday performance

Newton increased in value on an average Sunday only slightly. The average increase in value of the Newton was 0.18%. 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 (3.21%). This means that on 68 percent of the Sundays, the change in price of the Newton is expected to be in the range of -3.03% and 3.38%.

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 -0.18%. However, the standard deviation on this weekday is 1.62%. This means that on most Mondays, the change in value of the Newton is between -1.80% and 1.45%.

On an average Tuesday, the Newton increased 0.45%. However, since the expected deviation is 2.02%, the Newton will decline in value on a Tuesday quiet regularly. The expected price change of the Newton on a Tuesday is between -1.57% and 2.47%.

On Wednesdays, the Newton decreases in value on average with -0.99%. On most of the Wednesdays the Newton decreases in value between -4.78% and 2.80%. The uncertainty (3.79%) is higher than the average decline percentage (-0.99%). Therefore, expected range of price changes of the Newton on Wednesdays is large.

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 -0.06%. However, the standard deviation on this weekday is 0.72%. This means that on most Thursdays, the change in value of the Newton is between -0.79% and 0.66%.

Historical performance on Friday 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 Friday with 0.86%. However, the uncertainty of this increase is high. The expected change in value of the Newton on a Friday is between -2.44% and 4.16% (see also the table below).

Allthough the Newton decreases in value with -0.47% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Newton on Saturdays is 1.52%. This means that the expected change of the value of Newton is between -2.00% and 1.05% on 68 out of 100 Saturdays.

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 0.18% 3.21% -3.03% to 3.38%
Monday -0.18% 1.62% -1.80% to 1.45%
Tuesday 0.45% 2.02% -1.57% to 2.47%
Wednesday -0.99% 3.79% -4.78% to 2.80%
Thursday -0.06% 0.72% -0.79% to 0.66%
Friday 0.86% 3.30% -2.44% to 4.16%
Saturday -0.47% 1.52% -2.00% to 1.05%
 

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.