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 December 28th, 2021 to January 28th, 2022.
In the barchart below, the weekdays and average performance of NEO are shown side by side.
According to the performance of NEO between December 28th, 2021 and January 28th, 2022, NEO performed the best on Saturdays. On average, the price of NEO increased 1.80% on Saturday.
The weekday on which the NEO performed the worst, is Monday. On Mondays, the NEO declined in value on average by -0.88%.
NEO weekday performance
Historical performance on Sunday do not show an increase in value of the NEO on which a prediction can be made. The NEO increased in value on average on an average Sunday with 0.90%. However, the uncertainty of this increase is high. The expected change in value of the NEO on a Sunday is between -0.30% and 2.10% (see also the table below).
On Mondays, the NEO decreases in value on average with -0.88%. On most of the Mondays the NEO decreases in value between -1.39% and -0.37%. The uncertainty (0.51%) is higher than the average decline percentage (-0.88%). Therefore, expected range of price changes of the NEO on Mondays is large.
On Tuesdays, the NEO decreases in value on average with -0.85%. On most of the Tuesdays the NEO decreases in value between -2.04% and 0.34%. The uncertainty (1.19%) is higher than the average decline percentage (-0.85%). Therefore, expected range of price changes of the NEO on Tuesdays is large.
On an average Wednesday, the NEO increased 0.45%. However, since the expected deviation is 0.72%, the NEO will decline in value on a Wednesday quiet regularly. The expected price change of the NEO on a Wednesday is between -0.27% and 1.17%.
It is hard to tell whether the NEO will increase or decrease in value on an average Thursday. The average change on a Thursday for the NEO is -0.22%. However, the standard deviation on this weekday is 0.69%. This means that on most Thursdays, the change in value of the NEO is between -0.91% and 0.47%.
It is hard to tell whether the NEO will increase or decrease in value on an average Friday. The average change on a Friday for the NEO is -0.11%. However, the standard deviation on this weekday is 1.14%. This means that on most Fridays, the change in value of the NEO is between -1.24% and 1.03%.
On an average Saturday the NEO shows a high increase in value, namely 1.80%. The standard deviation is below the average increase percentage (standard deviation is 0.55%), meaning that on 68% of the Saturdays the NEO will increase with a percentage between 1.26% and 2.35%. 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 1.26%.
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.
|Weekday||Average change (%)||Standard deviation (%)||68% range|
|Sunday||0.90%||1.20%||-0.30% to 2.10%|
|Monday||-0.88%||0.51%||-1.39% to -0.37%|
|Tuesday||-0.85%||1.19%||-2.04% to 0.34%|
|Wednesday||0.45%||0.72%||-0.27% to 1.17%|
|Thursday||-0.22%||0.69%||-0.91% to 0.47%|
|Friday||-0.11%||1.14%||-1.24% to 1.03%|
|Saturday||1.80%||0.55%||1.26% to 2.35%|