Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Comprehensive Analysis of the Given Time-Series Data
The dataset provided gives us detailed insights into the trends and patterns of the AZN exchange rate over a period of time. As a time series data, it indicates fluctuations in the given exchange rate at specific intervals. It is critically important to grasp the trend and note the regularity and irregularity in such details to make informed decisions.
Overall Trend of Exchange Rates
Looking at the data provided, there is a high level of fluctuation in the exchange rates. They are not steadily increasing, decreasing, or remaining constant over time. There are many instances where the rate increases and reduces rapidly within short time periods. The highest detected rate is 0.82169 and the lowest is 0.78502. Although there's some abrupt rise and fall, the rates mostly revolves around 0.79 - 0.80. This indicates there is no clear increasing or decreasing trend over the period shown.
Seasonality / Recurring Patterns
Identifying a concrete recurring pattern or seasonality is quite challenging due to the fluctuations and short timeframe of the data. There's no clear daily or hourly pattern of rise or fall. The changes seem to take place randomly rather than depending on a specific time frame. It could be worthwhile to analyze longer-term data that spans weeks, months, or even years for a clearer understanding of any cyclic trend or seasonality in relation to the exchange rate.
We observe occasional spikes or drops in the exchange rate, which can be identified as outliers. Specifically, the rate of 0.82169 stands out as it appears to be a significant deviation from the general range of exchange rates that we see in the rest of the data. Similarly, the sudden drop to 0.78502 could also be considered an outlier given the average rate is around 0.79 - 0.80. These outliers might indicate extraordinary events or activities in the market during those times.
While the analysis does not consider external factors explicitly, it is important to keep in mind that exchange rates are subject to a broad range of influences, including market opening/closing hours, weekends/holidays, the release of key financial news and reports, and various other economic indicators and events. Further comprehensive analysis could include these factors for a more profound understanding of the patterns and trends in the data.