Newton (NEW)

Current price: $ 0.000349

24 hours price change: $ -0.000026 (-6.93%)

Daily analysis of Newton (NEW) - 6 months

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 6 months, starting on May 27th, 2021 to November 27th, 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 05/27/2021 and 11/27/2021.

According to the performance of Newton between May 27th, 2021 and November 27th, 2021, Newton performed the best on Saturdays. On average, the price of Newton increased 1.92% on Saturday.

The weekday on which the Newton performed the worst, is Friday. On Fridays, the Newton declined in value on average by -1.63%.

Newton weekday performance

Newton increased in value on an average Sunday only slightly. The average increase in value of the Newton was 0.25%. 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 (5.46%). This means that on 68 percent of the Sundays, the change in price of the Newton is expected to be in the range of -5.20% and 5.71%.

Allthough the Newton decreases in value with -0.35% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Newton on Mondays is 2.69%. This means that the expected change of the value of Newton is between -3.04% and 2.33% on 68 out of 100 Mondays.

It is hard to tell whether the Newton will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Newton is -0.03%. However, the standard deviation on this weekday is 1.36%. This means that on most Tuesdays, the change in value of the Newton is between -1.39% and 1.33%.

Newton increased in value on an average Wednesday only slightly. The average increase in value of the Newton was 0.10%. 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 (0.84%). This means that on 68 percent of the Wednesdays, the change in price of the Newton is expected to be in the range of -0.75% and 0.94%.

Allthough the Newton decreases in value with -0.56% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Newton on Thursdays is 2.81%. This means that the expected change of the value of Newton is between -3.37% and 2.25% on 68 out of 100 Thursdays.

The Newton declines in value on an average Friday with -1.63%. However, the uncertainty (or standard deviation) is quite large, namely 7.41%. This means that it is not possible to say whether on a regular Friday the Newton will increase or decrease in value.

On an average Saturday the Newton shows an increase in value of 1.92%. However, the change of Newton on most of the Saturdays is between -10.86% and 14.69%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Newtons.

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 0.25% 5.46% -5.20% to 5.71%
Monday -0.35% 2.69% -3.04% to 2.33%
Tuesday -0.03% 1.36% -1.39% to 1.33%
Wednesday 0.10% 0.84% -0.75% to 0.94%
Thursday -0.56% 2.81% -3.37% to 2.25%
Friday -1.63% 7.41% -9.05% to 5.78%
Saturday 1.92% 12.78% -10.86% to 14.69%
 

About Us

: Financial indicators for cryptocurrencies