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 May 27th, 2022 to June 27th, 2022.
In the barchart below, the weekdays and average performance of Newton are shown side by side.
According to the performance of Newton between May 27th, 2022 and June 27th, 2022, Newton performed the best on Saturdays. On average, the price of Newton increased 3.41% on Saturday.
The weekday on which the Newton performed the worst, is Wednesday. On Wednesdays, the Newton declined in value on average by -0.06%.
Newton weekday performance
Newton increased in value on an average Sunday only slightly. The average increase in value of the Newton was 0.04%. Allthough the Newton closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.05%). This means that on 68 percent of the Sundays, the change in price of the Newton is expected to be in the range of -0.01% and 0.10%.
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 -0.01%. However, the standard deviation on this weekday is 0.03%. This means that on most Mondays, the change in value of the Newton is between -0.04% and 0.02%.
On an average Tuesday the Newton shows an increase in value of 2.14%. However, the change of Newton on most of the Tuesdays is between -1.79% and 6.08%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Newtons.
It is hard to tell whether the Newton will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Newton is -0.06%. However, the standard deviation on this weekday is 0.05%. This means that on most Wednesdays, the change in value of the Newton is between -0.12% and -0.01%.
The Newton will almost not change or only slightly increase in value on an average Thursday. The average change of the Newton on Thursdays is 0.09%. The standard deviation of the Newton is 0.04%, which means that in 68% of the Thursdays, the range of the change of the Newton is 0.05% and 0.13%. The uncertainty (or variablility) of the expected daily result is low, because the standard deviation is low.
Newton increased in value on an average Friday only slightly. The average increase in value of the Newton was 0.07%. Allthough the Newton closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.08%). This means that on 68 percent of the Fridays, the change in price of the Newton is expected to be in the range of -0.02% and 0.15%.
The increase in value of the Newton is 3.41% on an average Saturday. However, the uncertainty on the average change is high for the Newton on Saturdays. This is the reason why an expected increase of the Newton on an average Saturday cannot be predicted. The standard deviation for Newton on Saturdays is high, namely 6.83%. This means that the expected range of value change for the Newton is -3.42% and 10.24% on 68% of the 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||0.04%||0.05%||-0.01% to 0.10%|
|Monday||-0.01%||0.03%||-0.04% to 0.02%|
|Tuesday||2.14%||3.93%||-1.79% to 6.08%|
|Wednesday||-0.06%||0.05%||-0.12% to -0.01%|
|Thursday||0.09%||0.04%||0.05% to 0.13%|
|Friday||0.07%||0.08%||-0.02% to 0.15%|
|Saturday||3.41%||6.83%||-3.42% to 10.24%|