NEO (NEO)

Current price: $ 6.48

24 hours price change: $ 0.34 (5.54%)

Daily analysis of NEO (NEO) - 1 month

The performance of NEO regarding the price differs every day. To make the best decision to buy NEO, we are analysis in this article the performance of NEO on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on November 9th, 2018 to December 8th, 2018.

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

Average daily change in price of NEO per weekday between 11/09/2018 and 12/08/2018.

According to the performance of NEO between November 9th, 2018 and December 8th, 2018, NEO performed the best on Fridays. On average, the price of NEO increased 1.99% on Friday.

The weekday on which the NEO performed the worst, is Thursday. On Thursdays, the NEO declined in value on average by -1.42%.

NEO weekday performance

It is hard to tell whether the NEO will increase or decrease in value on an average Sunday. The average change on a Sunday for the NEO is -0.16%. However, the standard deviation on this weekday is 0.73%. This means that on most Sundays, the change in value of the NEO is between -0.90% and 0.57%.

On an average Monday, the NEO increased 0.43%. However, since the expected deviation is 0.85%, the NEO will decline in value on a Monday quiet regularly. The expected price change of the NEO on a Monday is between -0.41% and 1.28%.

Allthough the NEO decreases in value with -0.36% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of NEO on Tuesdays is 1.10%. This means that the expected change of the value of NEO is between -1.47% and 0.74% on 68 out of 100 Tuesdays.

On an average Wednesday, the NEO increased 0.50%. However, since the expected deviation is 0.78%, the NEO will decline in value on a Wednesday quiet regularly. The expected price change of the NEO on a Wednesday is between -0.29% and 1.28%.

The NEO declines in value on an average Thursday with -1.42%. However, the uncertainty (or standard deviation) is quite large, namely 1.29%. This means that it is not possible to say whether on a regular Thursday the NEO will increase or decrease in value.

On an average Friday the NEO shows an increase in value of 1.99%. However, the change of NEO on most of the Fridays is between -1.31% and 5.29%. Therefore it is hard to tell whether an average Friday is a good day to start buying NEOs.

On an average Saturday the NEO shows a high increase in value, namely 1.26%. The standard deviation is below the average increase percentage (standard deviation is 1.05%), meaning that on 68% of the Saturdays the NEO will increase with a percentage between 0.21% and 2.31%. This also means that, on average, on 16 percent of the Saturdays, the NEO will increase with a percentage above this range. On the other 16% of the Saturdays, the NEO will change with a percentage below the 0.21%.

NEO weekday performance details

Find below the details of the performance of NEO 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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday-0.16%0.73%-0.90% to 0.57%
Monday0.43%0.85%-0.41% to 1.28%
Tuesday-0.36%1.10%-1.47% to 0.74%
Wednesday0.50%0.78%-0.29% to 1.28%
Thursday-1.42%1.29%-2.71% to -0.13%
Friday1.99%3.30%-1.31% to 5.29%
Saturday1.26%1.05%0.21% to 2.31%