Newton (NEW)

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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 December 25th, 2020 to January 17th, 2021.

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 12/25/2020 and 01/17/2021.

According to the performance of Newton between December 25th, 2020 and January 17th, 2021, Newton performed the best on Wednesdays. On average, the price of Newton increased 4.29% on Wednesday.

The weekday on which the Newton performed the worst, is Friday. On Fridays, the Newton declined in value on average by -2.65%.

Newton weekday performance

The Newton declines in value on an average Sunday with -2.56%. However, the uncertainty (or standard deviation) is quite large, namely 4.77%. This means that it is not possible to say whether on a regular Sunday the Newton will increase or decrease in value.

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 -0.15%. However, the standard deviation on this weekday is 1.15%. This means that on most Mondays, the change in value of the Newton is between -1.30% and 0.99%.

On an average Tuesday the Newton shows an increase in value of 2.83%. However, the change of Newton on most of the Tuesdays is between -0.59% and 6.24%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Newtons.

The increase in value of the Newton is 4.29% on an average Wednesday. However, the uncertainty on the average change is high for the Newton on Wednesdays. This is the reason why an expected increase of the Newton on an average Wednesday cannot be predicted. The standard deviation for Newton on Wednesdays is high, namely 5.04%. This means that the expected range of value change for the Newton is -0.75% and 9.34% on 68% of the Wednesdays.

It is hard to tell whether the Newton will increase or decrease in value on an average Thursday. The average change on a Thursday for the Newton is -0.11%. However, the standard deviation on this weekday is 0.84%. This means that on most Thursdays, the change in value of the Newton is between -0.94% and 0.73%.

The Newton declines in value on an average Friday with -2.65%. However, the uncertainty (or standard deviation) is quite large, namely 4.55%. This means that it is not possible to say whether on a regular Friday the Newton will increase or decrease in value.

The expected range of change of the Newton for an average Saturday is between 0.65% and 1.10%. This is the result of an average increase in value of 0.88% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

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 -2.56% 4.77% -7.33% to 2.21%
Monday -0.15% 1.15% -1.30% to 0.99%
Tuesday 2.83% 3.41% -0.59% to 6.24%
Wednesday 4.29% 5.04% -0.75% to 9.34%
Thursday -0.11% 0.84% -0.94% to 0.73%
Friday -2.65% 4.55% -7.20% to 1.91%
Saturday 0.88% 0.23% 0.65% to 1.10%
 

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