NEO (NEO)

Current price: $ 34.04

24 hours price change: $ 0.27 (0.80%)

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 29th, 2021 to July 29th, 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 01/29/2021 and 07/29/2021.

According to the performance of NEO between January 29th, 2021 and July 29th, 2021, NEO performed the best on Wednesdays. On average, the price of NEO increased 1.47% on Wednesday.

The weekday on which the NEO performed the worst, is Saturday. On Saturdays, the NEO declined in value on average by -0.57%.

NEO weekday performance

NEO increased in value on an average Sunday only slightly. The average increase in value of the NEO was 0.17%. 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 (2.36%). This means that on 68 percent of the Sundays, the change in price of the NEO is expected to be in the range of -2.19% and 2.53%.

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 0.61%. However, the uncertainty of this increase is high. The expected change in value of the NEO on a Monday is between -3.03% and 4.25% (see also the table below).

NEO increased in value on an average Tuesday only slightly. The average increase in value of the NEO was 0.05%. 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 (2.68%). This means that on 68 percent of the Tuesdays, the change in price of the NEO is expected to be in the range of -2.63% and 2.73%.

On an average Wednesday the NEO shows an increase in value of 1.47%. However, the change of NEO on most of the Wednesdays is between -2.40% and 5.35%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying NEOs.

NEO increased in value on an average Thursday only slightly. The average increase in value of the NEO was 0.19%. 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 (1.77%). This means that on 68 percent of the Thursdays, the change in price of the NEO is expected to be in the range of -1.58% and 1.97%.

Allthough the NEO decreases in value with -0.51% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of NEO on Fridays is 4.10%. This means that the expected change of the value of NEO is between -4.61% and 3.58% on 68 out of 100 Fridays.

Allthough the NEO decreases in value with -0.57% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of NEO on Saturdays is 4.80%. This means that the expected change of the value of NEO is between -5.37% and 4.23% on 68 out of 100 Saturdays.

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 0.17% 2.36% -2.19% to 2.53%
Monday 0.61% 3.64% -3.03% to 4.25%
Tuesday 0.05% 2.68% -2.63% to 2.73%
Wednesday 1.47% 3.87% -2.40% to 5.35%
Thursday 0.19% 1.77% -1.58% to 1.97%
Friday -0.51% 4.10% -4.61% to 3.58%
Saturday -0.57% 4.80% -5.37% to 4.23%
 

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