NEO (NEO)

Current price: $ 11.82

24 hours price change: $ 0.41 (3.58%)

Daily analysis of NEO (NEO) - 6 months

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 6 months, starting on January 19th, 2024 to July 19th, 2024.

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 01/19/2024 and 07/19/2024.

According to the performance of NEO between January 19th, 2024 and July 19th, 2024, NEO performed the best on Mondays. On average, the price of NEO increased 1.86% on Monday.

The weekday on which the NEO performed the worst, is Wednesday. On Wednesdays, the NEO declined in value on average by -1.05%.

NEO weekday performance

NEO increased in value on an average Sunday 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 (1.57%). This means that on 68 percent of the Sundays, the change in price of the NEO is expected to be in the range of -1.50% and 1.63%.

On an average Monday the NEO shows an increase in value of 1.86%. However, the change of NEO on most of the Mondays is between -3.49% and 7.21%. Therefore it is hard to tell whether an average Monday is a good day to start buying NEOs.

On Tuesdays, the NEO decreases in value on average with -0.65%. On most of the Tuesdays the NEO decreases in value between -3.21% and 1.91%. The uncertainty (2.56%) is higher than the average decline percentage (-0.65%). Therefore, expected range of price changes of the NEO on Tuesdays is large.

The NEO declines in value on an average Wednesday with -1.05%. However, the uncertainty (or standard deviation) is quite large, namely 2.82%. This means that it is not possible to say whether on a regular Wednesday the NEO will increase or decrease in value.

On an average Thursday, the NEO increased 0.51%. However, since the expected deviation is 1.61%, the NEO will decline in value on a Thursday quiet regularly. The expected price change of the NEO on a Thursday is between -1.10% and 2.12%.

NEO increased in value on an average Friday only slightly. The average increase in value of the NEO was 0.00%. 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 (1.59%). This means that on 68 percent of the Fridays, the change in price of the NEO is expected to be in the range of -1.58% and 1.59%.

On Saturdays, the NEO decreases in value on average with -0.75%. On most of the Saturdays the NEO decreases in value between -2.98% and 1.49%. The uncertainty (2.24%) is higher than the average decline percentage (-0.75%). Therefore, expected range of price changes of the NEO on Saturdays is large.

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 0.06% 1.57% -1.50% to 1.63%
Monday 1.86% 5.35% -3.49% to 7.21%
Tuesday -0.65% 2.56% -3.21% to 1.91%
Wednesday -1.05% 2.82% -3.87% to 1.77%
Thursday 0.51% 1.61% -1.10% to 2.12%
Friday 0.00% 1.59% -1.58% to 1.59%
Saturday -0.75% 2.24% -2.98% to 1.49%
 

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