Newton (NEW)

Current price: $ 0.000057

24 hours price change: $ 0.000010 (21.37%)

Daily analysis of Newton (NEW) - 1 month

The performance of Newton regarding the price differs every day. To make the best decision to buy Newton, we are analysis in this article the performance of Newton on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on February 1st, 2024 to March 1st, 2024.

In the barchart below, the weekdays and average performance of Newton are shown side by side.

Average daily change in price of Newton per weekday between 02/01/2024 and 03/01/2024.

According to the performance of Newton between February 1st, 2024 and March 1st, 2024, Newton performed the best on Thursdays. On average, the price of Newton increased 7.71% on Thursday.

The weekday on which the Newton performed the worst, is Sunday. On Sundays, the Newton declined in value on average by -0.60%.

Newton weekday performance

Allthough the Newton decreases in value with -0.60% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Newton on Sundays is 0.44%. This means that the expected change of the value of Newton is between -1.04% and -0.15% on 68 out of 100 Sundays.

It is hard to tell whether the Newton will increase or decrease in value on an average Monday. The average change on a Monday for the Newton is -0.09%. However, the standard deviation on this weekday is 1.22%. This means that on most Mondays, the change in value of the Newton is between -1.31% and 1.13%.

Allthough the Newton decreases in value with -0.48% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Newton on Tuesdays is 0.92%. This means that the expected change of the value of Newton is between -1.40% and 0.44% on 68 out of 100 Tuesdays.

Allthough the Newton decreases in value with -0.58% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Newton on Wednesdays is 1.49%. This means that the expected change of the value of Newton is between -2.07% and 0.92% on 68 out of 100 Wednesdays.

The increase in value of the Newton is 7.71% on an average Thursday. However, the uncertainty on the average change is high for the Newton on Thursdays. This is the reason why an expected increase of the Newton on an average Thursday cannot be predicted. The standard deviation for Newton on Thursdays is high, namely 12.68%. This means that the expected range of value change for the Newton is -4.97% and 20.39% on 68% of the Thursdays.

It is hard to tell whether the Newton will increase or decrease in value on an average Friday. The average change on a Friday for the Newton is -0.21%. However, the standard deviation on this weekday is 0.23%. This means that on most Fridays, the change in value of the Newton is between -0.45% and 0.02%.

Allthough the Newton decreases in value with -0.50% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Newton on Saturdays is 0.99%. This means that the expected change of the value of Newton is between -1.48% and 0.49% on 68 out of 100 Saturdays.

Newton weekday performance details

Find below the details of the performance of Newton 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 -0.60% 0.44% -1.04% to -0.15%
Monday -0.09% 1.22% -1.31% to 1.13%
Tuesday -0.48% 0.92% -1.40% to 0.44%
Wednesday -0.58% 1.49% -2.07% to 0.92%
Thursday 7.71% 12.68% -4.97% to 20.39%
Friday -0.21% 0.23% -0.45% to 0.02%
Saturday -0.50% 0.99% -1.48% to 0.49%
 

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