Newton (NEW)

Current price: $ 0.000804

24 hours price change: $ -0.000089 (-10.00%)

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 November 26th, 2019 to May 25th, 2020.

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 11/26/2019 and 05/25/2020.

According to the performance of Newton between November 26th, 2019 and May 25th, 2020, Newton performed the best on Fridays. On average, the price of Newton increased 0.77% on Friday.

The weekday on which the Newton performed the worst, is Wednesday. On Wednesdays, the Newton declined in value on average by -1.17%.

Newton weekday performance

It is hard to tell whether the Newton will increase or decrease in value on an average Sunday. The average change on a Sunday for the Newton is -0.02%. However, the standard deviation on this weekday is 3.31%. This means that on most Sundays, the change in value of the Newton is between -3.33% and 3.29%.

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 -0.11%. However, the standard deviation on this weekday is 1.84%. This means that on most Mondays, the change in value of the Newton is between -1.95% and 1.74%.

Newton increased in value on an average Tuesday only slightly. The average increase in value of the Newton was 0.22%. 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 (2.18%). This means that on 68 percent of the Tuesdays, the change in price of the Newton is expected to be in the range of -1.96% and 2.40%.

The Newton declines in value on an average Wednesday with -1.17%. However, the uncertainty (or standard deviation) is quite large, namely 3.82%. This means that it is not possible to say whether on a regular Wednesday the Newton will increase or decrease in value.

Allthough the Newton decreases in value with -0.33% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Newton on Thursdays is 1.19%. This means that the expected change of the value of Newton is between -1.52% and 0.86% on 68 out of 100 Thursdays.

Historical performance on Friday do not show an increase in value of the Newton on which a prediction can be made. The Newton increased in value on average on an average Friday with 0.77%. However, the uncertainty of this increase is high. The expected change in value of the Newton on a Friday is between -2.60% and 4.15% (see also the table below).

Allthough the Newton decreases in value with -0.54% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Newton on Saturdays is 1.71%. This means that the expected change of the value of Newton is between -2.25% and 1.17% 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 -0.02% 3.31% -3.33% to 3.29%
Monday -0.11% 1.84% -1.95% to 1.74%
Tuesday 0.22% 2.18% -1.96% to 2.40%
Wednesday -1.17% 3.82% -4.99% to 2.64%
Thursday -0.33% 1.19% -1.52% to 0.86%
Friday 0.77% 3.38% -2.60% to 4.15%
Saturday -0.54% 1.71% -2.25% to 1.17%
 

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