Armenian Dram Forecast

Not for Invesment, Informational Purposes Only

Summary of Yesterday

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Statistical Measures

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    Overall Trend of Exchange Rates

    The overall trend of the AMD exchange rate across the provided time window shows a condition of remarkable stability. The exchange rate predominantly remains constant at 0.00335. Within the dataset, minimal fluctuations occur, and these deviations are rather insignificant, considering the vast majority of the data exhibits similar values.

    Seasonality or Recurring Patterns

    From a thorough examination of the available time series data, there doesn't appear to be a discernible pattern or seasonality in the variation of exchange rates. The dataset shows a general stability of the rate without any identifiable recurrent changes linked with particular times of the day, week, or month.

    Outliers in the Dataset

    In terms of outliers, a few instances were spotted where the exchange rate slightly deviated from the commonplace value. Notably, at timestamps '2024-02-29 03:55:02', '2024-02-29 05:00:02', '2024-02-29 05:25:03', '2024-02-29 06:20:01', and '2024-02-29 23:15:02', the exchange rate moderately increased to 0.00336 and at '2024-02-29 06:20:01' it slightly dropped to 0.00334. However, these variations can be considered insignificant as they didn't disrupt the prevalent steadiness, swiftly reverting to the usual rate thereafter.

Summary of Yesterday

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Statistical Measures

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    Overall Trend of Exchange Rates

    Upon inspecting the provided data, the overall trend of the exchange rates remained fairly stable. The rate mostly oscillated between 0.00333 and 0.00336. The exchange rate started at 0.00333 and except for a few instances of changing to 0.00334 and 0.00335, it largely remained at the initial rate throughout the time period. There was no consistent pattern of increasing or decreasing rates during the observed duration.

    Seasonality and Recurring Patterns

    Given the close range of values, it appears there is no significant seasonality or recurring pattern in the data. The fluctuations in the exchange rate seem to be random and do not follow a clear, predictable pattern. The value of 0.00333 appears most frequently, but it occurs at various times, suggesting it's not tied to a specific cyclic event.

    Outliers

    There were a few instances where the exchange rate slightly deviated from its common value of 0.00333 to 0.00334, 0.00335, and briefly to 0.00336. However, these changes were minor and the rate reverted back to 0.00333 or 0.00334 soon after, indicating these are likely more noise than outliers significantly deviating from the general trend. There don't appear to be any significant outliers in this dataset that would require special attention.

    Please note that this analysis is a simplified representation of the time series data and does not take into account potential external events such as financial news, market fluctuations or economic policy changes which might affect exchange rates.

Summary of Yesterday

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Statistical Measures

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Summary of Last Month

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Statistical Measures

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    Overall Trend Analysis

    The analysis of the data set shows that the AMD exchange rate remained fairly stable throughout the specified period. The rate primarily fluctuated between 0.00332 and 0.00335. There were only minor fluctuations, with no major rise or fall observed.

    Seasonality and Recurring Patterns

    In terms of seasonality or recurring patterns, the dataset doesn't provide any strong evidence to suggest such events. As the timestamps are relatively close together and the exchange rates remain mostly stable, it's difficult to discern any regular or repeating changes in the data. However, a more detailed or granular analysis might reveal time-bound patterns that aren't immediately apparent in this set.

    Outliers Analysis

    Regarding outliers in the data set, there seems to be very few instances where the exchange rate experienced a significant deviation from the general trend. Isolated instances of the rate reaching values of 0.00334 and 0.00335, higher than the majority of the recorded values can be considered potential mild outliers. Nonetheless, the absence of extreme fluctuations indicates that these variations could simply be part of the exchange rate's normal functioning volatility rather than true outliers.

    Additional Considerations

    It's important to note that while this analysis doesn't account for external factors like market opening/closing hours, holidays, or key financial news and reports, these events can significantly affect exchange rates. Hence, for an in-depth understanding of the AMD exchange rate's behavior, a comprehensive analysis considering these factors would be required.

Summary of Last Week

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Statistical Measures

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    An Overall Trend in AMD Exchange Rates

    Overall, the data suggests that the AMD exchange rate is fairly stable over the period shown. The values typically fluctuate between 0.00329 and 0.00335, with very few instances of greater variance. It is clear that no significant increasing or decreasing trend can be observed. Instead, the AMD rate appears to be generally consistent and predictable, operating within a tightly defined range.

    Seasonality or Recurring Patterns

    The dataset does not appear to show any distinct patterns associated with specific times or seasons. The AMD exchange rates oscillate within a narrow range irrespective of the date and time. It might be possible that fluctuations do not correlate closely with regular calendar events (daily, weekly, monthly) within this particular time frame. However, a more extensive dataset may bring to light any potential seasonality or recurring patterns.

    Outliers in the Dataset

    No significant outliers can be identified from the data provided. The majority of the exchange rates are inline with the established average, and no anomalous values significantly deviating from the norm have been detected. This indicates a stable and consistent operation of the market from which these rates have been gathered over the observed period.

    In conclusion, the AMD rates demonstrate commendable stability over the duration studied here. No significant trends, seasonal patterns, or outliers occur. However, should additional factors such as market dynamics, financial news or longer period of data be taken into account, the characterization of the processes might reveal further insights.

Summary of Yesterday

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Statistical Measures

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    Overall Trend of Exchange Rates

    Upon looking at the data, the exchange rates of AMD have shown a very slight increase over the period given. There are minor fluctuations, however, the overall trend from the beginning to the end of the dataset reveals a slight growth from an initial rate of 0.00332 to 0.00334. The rate then dips to 0.00331 before slightly rising again to 0.00332. Thus, we can see a small rollercoaster effect in the trend. But overall, the exchange rate appears to be relatively stable with no significant increases or decreases.

    Seasonality or Recurring Patterns

    As for recurring patterns or seasonality, the data doesn't exhibit any obvious daily pattern or trend. The fluctuation of AMD exchange rates is consistent throughout the given timeline which makes it hard to distinguish any seasonal trends.

    Outliers in Exchange Rates

    The exchange rate does not display any significant outliers. Most of the rates range between 0.00331 and 0.00334. This suggests a high level of stability in the data, with no instances where the rate deviates largely from the mean. Any minor fluctuations can be attributed to normal market volatility and not an unusual event.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:
  • Trend

    Overall Trend

    Looking at the dataset, there is no significant trend in the data as the exchange rate remains relatively stable over the period shown. Majority of the AMD exchange rate data points, if not all, revolve around an exchange rate of 0.00331 to 0.00333. There is neither a clear increase nor a decrease in the exchange rate over time.

    Seasonality and Recurring Patterns

    The dataset does not seem to show any seasonality or recurring patterns in exchange rates. The values appear on average to be constant in small intervals, jumping slightly upward in some cases. For example, three instances of a slight increase to 0.00334 and a few to 0.00332 can be observed. However, these small deviations could be due to random fluctuations and might not indicate a seasonal pattern.

    Outliers

    There are no noticeable outliers in the exchange rates within the given data. The rates remained within a very close range of values, with only minor occasional variations. These slight deviations, as have been noted above, do not seem to significantly differ from the observed trend such that they would be classified as outliers.

    Relative Stability of the Exchange Rate

    The constancy of the exchange rates over time suggests a stable economy within the period under consideration. Frequent and large variations in exchange rates may suggest volatility, but this is not observed here. However, this analysis is based strictly on the internal characteristics of the given dataset and does not factor in potential external variables or events.