Argentine Peso Forecast

Not for Invesment, Informational Purposes Only

Summary of Yesterday

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Statistical Measures

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Trend

Comprehensive Analysis of Provided Dataset

After careful examination of the provided timestamp and ARS exchange rate data, several conclusions can be drawn.

1. Understanding the Overall Trend of Exchange Rates

The exchange rate of 0.00157 ARS remained constant throughout most periods of the provided dataset. However, there is a slight decrease observed towards the end of the dataset. The exchange rate dropped to 0.00156 ARS. Consequently, we cannot decisively state that the rates generally increase, decrease, or remain stable throughout the period.

2. Identification of Seasonality or Recurring Patterns

Given the nature of the dataset, where most of the exchange rates are the same, it is hard to conclusively identify any seasonality or recurring patterns. The data does not provide a discernible pattern or seasonality within the day or across multiple days.

3. Noting Any Outliers

According to the data provided, there are no significant outliers. This is primarily because the exchange rate value is largely constant throughout the majority of the dataset. The minor variation towards the end of the dataset (from 0.00157 to 0.00156 ARS) is not significant enough to be considered as an outlier.

Please note that this analysis did not consider external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports, and did not generate any forecast for future rates.

Summary of Yesterday

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Understanding the overall trend of exchange rates

Observing the dataset, it appears that the exchange rate remains stable throughout the entire timeframe. This is demonstrated by the consistent ARS exchange rate value of 0.00157. There is no apparent rise or fall in this data over time. Hence, it can be interpreted that the ARS exchange rate shows no variation during the period covered in this dataset.

Identifying seasonality or recurring patterns

Since the exchange rate remained the same throughout the timeframe, the concept of seasonality or recurring patterns does not apply here. In instances when the exchange rate fluctuates, it would be important to identify a pattern– for instance, if the rate always tends to rise or fall at certain times of the day, days of the week, or months of the year. However, in this case, no such patterns can be identified due to the lack of variation in data.

Noting any outliers

An outlier in a dataset is a data point that is significantly different from the other data points. In this case, since there are no variations in the data with a consistently stable exchange rate, the presence of any other rate would be considered an outlier. However, on observing the dataset provided, there is no such occurrence. Therefore, there are no outliers in this data.

Summary of Yesterday

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  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
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Trend

Exchange Rate Trend Analysis

From an initial glance at the data, there's a clear consistency in the value of ARS exchange rate. The rate remains at 0.00157 for the majority of time stamps, indicating a strong stability in the series. This means over the period shown, the exchange rates are neither generally increasing or decreasing, but remain relatively constant. Hence, there is no clear upward or downward trend in the ARS exchange rate over this period.

Seasonality and Recurring Patterns

Given that the data provided is constant and remains unvaried, it is challenging to discern any underlying seasonality or recurring patterns in the dataset. By definition, seasonality is a periodic fluctuation that happens regularly and predictably, which we do not observe in this dataset. The pinch of variance we notice is not recurring, and thus, we cannot establish any arguable pattern. Therefore, based on the dataset provided, it is accurate to conclude that there are no recurring patterns or specific seasonality effects in the ARS exchange rate within this timeframe.

Identification of Outliers

Outliers are data points that diverge significantly from the overall pattern of the data. In this data set, we only have two unique exchange rates that are 0.00157 and 0.00156. The very rare instances where the rate drops to 0.00156 could be considered as minor outliers in the exchange rate data, as these deviations are not in line with the majority of the dataset which stands at 0.00157. However, it's also important to note that this difference is incredibly small, and it does not differ significantly from the typical rate. Therefore, they can be considered mild outliers.

Summary of Last Month

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Statistical Measures

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Trend

Analysis of Exchange Rates Data for ARS

Below is the comprehensive analysis of the time-series data provided, which displays changes in ARS exchange rates across different timestamps.

1. Understanding the Overall Trend:

The overall exchange rate of ARS seems to be fairly stable throughout the period under consideration. It has mostly stayed around 0.00157 to 0.00158, with very few occasional dips to 0.00156, which shows not much fluctuation in the value of ARS during the dataset's period. However, to confirm these observations, more robust statistical analysis tests would be suitable.

2. Seasonality or Recurring Patterns

It is challenging to determine seasonality or recurring patterns in the data provided due to the consistent stability of the exchange rate. There might be minor fluctuations during specific timestamps, but with the data available, it's not clear what they might pertain to. A more in-depth time series analysis could reveal nuances that aren't immediately apparent.

3. Outliers

Given the data provided, no significant outliers were noticed. The exchange rate has remained generally consistent, and there were no times at which the exchange rate differed considerably from the stable range of 0.00157 to 0.00158. Note that this does not rule out the possibility of delicate outliers not immediately noticeable with a cursory glance; additional statistical analysis may be required to detect such points.

In the absence of external factors such as market opening/closing hours, key financial news, weekend or holiday season, the overall exchange rate has demonstrated stability. It should be noted that market conditions are dynamic, and this analysis only represents the time period in the data provided. Future analyses might warrant different observations.

Summary of Last Week

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Statistical Measures

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Trend

Overall Trend Analysis

Upon analysis, the overall trend in the ARS exchange rate over the given dataset appears to remain relatively stable. This conclusion is based on the fact that the value deviates mainly between 0.00158 and 0.00159. Although slight fluctuations occur between these two values throughout the dataset, a major increase or decrease trend is not apparent. These fluctuations can, however, be considered normal in a financial dataset as market changes often cause exchange rates to oscillate slightly.

Seasonality and Recurring Pattern Analysis

No clear seasonality or recurring patterns can be identified in this dataset. The data exhibits a steadiness with minor fluctuations between the upper and lower bounds of 0.00158 and 0.00159 respectively but does not indicate any consistent cycles. Patterns of such nature could suggest regular significant market influences, but in this case, further trend-based or statistical analysis would be required to identify any potential cyclic pattern.

Outlier Identification

The dataset provided does not contain any apparent outliers. Most of the exchange rates fall within a narrow range and there is no significant deviance observed that could be classified as an outlier. It means that there are no extreme fluctuations in the data, implying relatively stable market conditions for the ARS exchange rate during this period.

Please note that this analysis is based purely on the numerical data provided and did not take into account any potential external factors influencing the market. For a more comprehensive analysis, other factors such as market opening/closing times, weekends/holidays, and the release of key financial news and reports would ideally be considered.

This analysis is also only retrospective and no forward-looking analysis or forecast has been made.

Summary of Yesterday

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

1. Understanding the Overall Trend of the Exchange Rates

The exchange rates provided in the dataset are considered to be very stable. Over the span of a few days, from 2024-04-15 to 2024-04-19, the exchange rate between ARS and the given currency seems to decrease minutely from 0.00159 to 0.00158. Since the exchange rate fluctuates minimally around these two values, it can be concluded that the overall trend in the exchange rate remains largely constant. Therefore, no significant increase or decrease with respect to time can be observed.

2. Identifying Seasonality or Recurring Patterns

Upon careful inspection of the given data, we can't distinctly identify any recurring or seasonal pattern in the fluctuations in the exchange rates. The exchange rate oscillates between 0.00158 and 0.00159 over various timestamps as per the dataset presented. If there was any seasonal or recurring pattern, we would expect to see some form of routine fluctuations at certain intervals, which is not evident from the given dataset. We would need additional data points spanning over a greater timeframe for a definitive conclusion.

3. Noting Any Outliers

In terms of outliers, the furnished data does not seem to display any significant instances where the rate fluctuates beyond the range of 0.00158 and 0.00159. All the presented data points fall within this range, demonstrating a high level of stability in the exchange rates. Given the close-knit range, there are no visible deviations that would classify as outliers as per the data available. However, it is important to note that potential outliers might be more accurately identified with a broader dataset spanning a more significant period.

Summary of Yesterday

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Analysis

Based on the dataset provided, it appears that the exchange rate for ARS remains constant at 0.00158 throughout the entire period observed, from 2024-04-19 00:00:02 to 2024-04-19 14:55:01.

Overall Trend

Given the constancy of the exchange rate throughout the time series data, it can be deduced that there is no upward or downward trend. The exchange rate for ARS remained steady and did not experience any changes.

Seasonality or Recurring Patterns

In the case of this dataset, there do not appear to be any indications of seasonality or recurring patterns due to the exchange rate's consistency throughout the period observed. Such patterns typically manifest themselves as systematic and predictable fluctuations in data points, but given that the exchange rate remains at 0.00158 across the board, no such patterns can be identified.

Outliers

Similar to the previous points, the uniformity of the exchange rate in this dataset means that there are no outliers. Outliers would be represented by significant deviations from the overall trend, but because the trend is static throughout the period, there are no deviant data points.

In conclusion, the dataset shows an unchanging exchange rate for ARS during the entire observed period. It is unusual for a currency to have such stability, as financial markets tend to fluctuate due to various economic factors. Nonetheless, this is what the data presents.

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