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, 2022 to January 28th, 2023.
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, 2022 and January 28th, 2023, NEO performed the best on Thursdays. On average, the price of NEO increased 0.92% on Thursday.
The weekday on which the NEO performed the worst, is Friday. On Fridays, the NEO declined in value on average by -0.36%.
NEO weekday performance
Allthough the NEO decreases in value with -0.35% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of NEO on Sundays is 0.62%. This means that the expected change of the value of NEO is between -0.97% and 0.27% on 68 out of 100 Sundays.
Historical performance on Monday 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 Monday with 0.71%. However, the uncertainty of this increase is high. The expected change in value of the NEO on a Monday is between -0.15% and 1.58% (see also the table below).
On an average Tuesday, the NEO increased 0.32%. However, since the expected deviation is 0.64%, the NEO will decline in value on a Tuesday quiet regularly. The expected price change of the NEO on a Tuesday is between -0.32% and 0.96%.
NEO increased in value on an average Wednesday only slightly. The average increase in value of the NEO was 0.06%. Allthough the NEO closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.66%). This means that on 68 percent of the Wednesdays, the change in price of the NEO is expected to be in the range of -0.60% and 0.71%.
The expected range of change of the NEO for an average Thursday is between 0.51% and 1.33%. This is the result of an average increase in value of 0.92% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.
Allthough the NEO decreases in value with -0.36% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of NEO on Fridays is 0.56%. This means that the expected change of the value of NEO is between -0.92% and 0.20% on 68 out of 100 Fridays.
On an average Saturday, the NEO increased 0.52%. However, since the expected deviation is 0.71%, the NEO will decline in value on a Saturday quiet regularly. The expected price change of the NEO on a Saturday is between -0.19% and 1.23%.
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||-0.35%||0.62%||-0.97% to 0.27%|
|Monday||0.71%||0.86%||-0.15% to 1.58%|
|Tuesday||0.32%||0.64%||-0.32% to 0.96%|
|Wednesday||0.06%||0.66%||-0.60% to 0.71%|
|Thursday||0.92%||0.41%||0.51% to 1.33%|
|Friday||-0.36%||0.56%||-0.92% to 0.20%|
|Saturday||0.52%||0.71%||-0.19% to 1.23%|