NEO (NEO)

Current price: $ 23.33

24 hours price change: $ -0.30 (-1.28%)

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 December 17th, 2020 to January 16th, 2021.

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 12/17/2020 and 01/16/2021.

According to the performance of NEO between December 17th, 2020 and January 16th, 2021, NEO performed the best on Sundays. On average, the price of NEO increased 1.17% on Sunday.

The weekday on which the NEO performed the worst, is Wednesday. On Wednesdays, the NEO declined in value on average by -1.43%.

NEO weekday performance

On an average Sunday the NEO shows an increase in value of 1.17%. However, the change of NEO on most of the Sundays is between -0.71% and 3.05%. Therefore it is hard to tell whether an average Sunday is a good day to start buying NEOs.

The NEO declines in value on an average Monday with -1.32%. However, the uncertainty (or standard deviation) is quite large, namely 1.09%. This means that it is not possible to say whether on a regular Monday the NEO will increase or decrease in value.

The NEO declines in value on an average Tuesday with -1.38%. However, the uncertainty (or standard deviation) is quite large, namely 2.45%. This means that it is not possible to say whether on a regular Tuesday the NEO will increase or decrease in value.

The NEO declines in value on an average Wednesday with -1.43%. However, the uncertainty (or standard deviation) is quite large, namely 1.62%. This means that it is not possible to say whether on a regular Wednesday the NEO will increase or decrease in value.

On Thursdays, the NEO decreases in value on average with -0.61%. On most of the Thursdays the NEO decreases in value between -2.24% and 1.02%. The uncertainty (1.63%) is higher than the average decline percentage (-0.61%). Therefore, expected range of price changes of the NEO on Thursdays is large.

On Fridays, the NEO decreases in value on average with -0.64%. On most of the Fridays the NEO decreases in value between -1.82% and 0.53%. The uncertainty (1.17%) is higher than the average decline percentage (-0.64%). Therefore, expected range of price changes of the NEO on Fridays is large.

Historical performance on Saturday 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 Saturday with 0.86%. However, the uncertainty of this increase is high. The expected change in value of the NEO on a Saturday is between -0.85% and 2.57% (see also the table below).

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 1.17% 1.88% -0.71% to 3.05%
Monday -1.32% 1.09% -2.41% to -0.23%
Tuesday -1.38% 2.45% -3.83% to 1.07%
Wednesday -1.43% 1.62% -3.05% to 0.18%
Thursday -0.61% 1.63% -2.24% to 1.02%
Friday -0.64% 1.17% -1.82% to 0.53%
Saturday 0.86% 1.71% -0.85% to 2.57%
 

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