Baht Forecast

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 overall trend of the exchange rates fluctuates mildly within the provided data. During the course of the data, the exchange rate begins at about 0.03687, increases slightly, then undergoes a slight decline before stabilizing again. It appears to be a declining trend over the period, although the changes are not drastic.

2. Identifying any seasonality or recurring patterns in the changes of exchange rates

The data does not show clear signs of seasonality or recurring patterns based on the timestamps provided. The rate fluctuates slightly but remains close to its original value throughout the data set. However, due to the small size of this dataset, it is difficult to conclusively determine the presence of any broader cyclical or seasonal pattern in the exchange rates.

3. Noting any outliers, or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality

There are no clear outliers or sudden significant fluctuations observed in the dataset. The exchange rate consistently stays within a close range, moving between approximately 0.03685 to 0.03705. The dataset indicates that the exchange rate remained fairly stable over this period, with no instances of extreme high or low values that significantly differ from the overall observed trend.

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. Overall Trend in Exchange Rates

Upon examining the dataset, it is observed that the exchange rates experienced a steady decline over the course of the day on April 24, 2024. The exchange rate gradually fell from an initial value of 0.03704 at 00:00:02 to a final value of 0.03688 at 23:55:02. While there were occasional periods of stability and slight increases, the dominant trend for this data set is a moderate decline.

2. Seasonality or Recurring Patterns

In this specific data set, significant seasonality or recurring patterns are not readily apparent. Given the short period of data (one single day), it is difficult to ascertain any meaningful periodic patterns. A longer dataset that spans several weeks or months might provide a clearer indication of periodic or cyclical trends in the data. However, one tentative observation can be made: the rates show slight increases towards distinctive hours (01:00, 02:00, 03:00, and so forth).

3. Outliers in the Dataset

From this data set, no extreme outliers are observed. The exchange rate fluctuations fall within a relatively tight range, from a high of 0.03706 (occurring multiple times, first at 01:10:02) to a low of 0.03684 (observed at 21:45:03). In most cases, these changes are in the fourth decimal place – a variation that is quite usual in currency exchange rates. Hence, any significant abnormality or surprising outliers are not perceptible within this dataset.

In conclusion, the provided time series data of THB exchange rates for April 24, 2024, shows a moderate declining trend with slight increases around certain hours, and without any significant outliers.

Summary of Yesterday

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

Statistical Measures

• Mean:
• Standard Deviation:

Trend

Data Overview

The data set provided captures the exchange rates (Thai Baht - THB) at different time intervals. The timestamps range from 00:00:02 on April 23, 2024, to 23:55:02 on the same day - a complete 24-hour period. The exchange rates range between 0.03697 and 0.03708.

Overall Trend

The general trend of the exchange rate over this period seems to be quite unmoving. The figures of the exchange rate across the day show minute fluctuations, with somewhat seemingly random ups and downs. The rate starts at 0.03702 at the beginning of the day, experiencing slight decreases and increases throughout the day, and finally ends at 0.03704 at the day's end. Thus, the overall change in the rate during this period is quite negligible.

Seasonality

Within the context of this 24-hour period, there is no evident recurring pattern or seasonality in these exchange rates based on the data given. The exchange rate fluctuations do not show any clear repetition or periodic sequence at certain hour intervals. Any perceived patterns may require a longer period lens or additional external influencing factors to be considered which are not part of this specific analysis context.

Outliers

Regarding outliers, all values, namely the maximum value (0.03708) and minimum value (0.03697), fall within a very tight range with a difference of 0.00011. This suggests that there are no extreme outliers in this data set since all rates are relatively close to each other. However, a more technical statistical method might have to be applied to identify subtle outliers in the data set.

Conclusion

In conclusion, the THB exchange rates given in this succession of time series data for the 24-hour duration on April 23, 2024, show minor fluctuations, hardly maintain a stable rate throughout but do not provide clear evidence of any seasonal pattern within this specific duration. While there are no significant outliers in this simple observatory analysis, a more in-depth statistical analysis could provide a better classification of potential subtle abnormalities in the data.

Summary of Last Month

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

Statistical Measures

• Mean:
• Standard Deviation:

Trend

1. Overall Trend of Exchange Rates

Upon initial inspection of the given dataset, it appears that the rates fluctuate rather linearly over time, with minor ups and downs. It's worth noting that the value mostly stays around 0.03700 - 0.03720 throughout the dataset, suggesting some stability. However, without more context or external factors, it is not possible to definitively determine whether the rates generally increase, decrease or remain stable.

2. Seasonality or Recurring Patterns

Directly eyeballing the data does not present any apparent seasonality or recurring patterns. Nonetheless, time-series analysis techniques offer a more granular view into potential recurring patterns. These include examining auto-correlations, or looking at the rate of change at similar intervals. From the overview, however, no clear seasonal effect or periodic fluctuation is visible.

3. Outliers

Finding patterns and outliers in time-series exchange rates, especially in the absence of external news events or context, is challenging as exchange rates are influenced by a multitude of factors. In this series, however, no significant outliers are immediately noticeable. The exchange rate sticks around a certain range throughout the series. There are no sudden spikes or drops which deviate from the rest of the data that could be classified as outliers.

More thorough statistical analysis might uncover subtle outliers or variations, but within this first level of analysis, the exchange rates presented are relatively stable, without any drastic peaks or valleys.

Conclusion

While more in-depth analytics might reveal nuances, the primary pass at the data indicates a generally stable exchange rate, lacking clear trends, seasonal effects, or noticeable outliers.

Summary of Last Week

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

Statistical Measures

• Mean:
• Standard Deviation:

Trend

Overview of the Trend

From the data provided, we can observe that the exchange rate of THB has exhibited a subtle volatility throughout the timeline. Nonetheless, it's essential to note that the fluctuations are not indicative of an explicit upward or downward trend. Instead, the rate appears to oscillate around a particular mean, implying a relatively stable trend within this given period. The rates range between approximately 0.03674 and 0.03775.

Identifying Seasonality

The dataset provided does not seemingly exhibit a seasonality pattern. The changes in exchange rates appear to be random variations rather than recurring patterns over periods such as days, weeks, or months. This randomness implies that the exchange rate changes are likely influenced by numerous complex factors, including economic indicators, market demand and supply, among others.

Outliers in the Data

While a more detailed statistical analysis would be needed to definitively identify outliers, a general overview of the data does not indicate the presence of significant outliers. The exchange rates provided in this dataset fall within a relatively tight range, and no values deviate excessively from this range.

However, the highest value 0.03775 and the lowest value 0.03674, though not necessarily classified as outliers, do standout in this dataset and would warrant further investigation. Yet, they do not drastically diverge from the overall trend and may be attributed to routine market fluctuations rather than anomalous events.

Note: It is important to bear in mind that financial times series data, such as exchange rates, are influenced by a myriad of factors (economic indicators, geopolitical events, etc.) that cannot be effectively captured by viewing the data in isolation. Therefore, further impacting the variability and unpredictability of such data series.

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. Overall Trend of The Exchange Rates

Based on the provided data, the overall trend in the exchange rates of the Thai Baht (THB) appears to be somewhat stable. There's a slight fluctuation with increments and decrements in the range of 0.03728 and 0.03775 which does not represent a heavy or significant change. However, these minor fluctuations might have significant impacts on large transactions.

2. Seasonality and Recurring Patterns

When analyzing time-series data, one of the things to look for is seasonality or recurring patterns, meaning predictable and repeating patterns over the given period. In the dataset provided, there doesn't appear to be a consistent seasonality or recurring pattern at different times throughout the days represented here.

3. Outliers and Unexpected Changes

Analyzing outliers in this dataset is somewhat difficult given the nature of the data and the small timeframes involved. The exchange rate does not show unexpected deviations or spikes which might be considered outliers. Instead, the rates seem to fluctuate around a relatively consistent mean value.

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

Upon analyzing your dataset, the overall trend of the THB exchange rate appears to be relatively stable over the time period provided. While there is minor fluctuation, the exchange rate mostly remains within a narrow range of 0.03726 to 0.03738. These minor changes suggest no drastic depreciation or appreciation of the currency during this period.

2. Identifying any seasonality or recurring patterns in the changes of exchange rates

As far as seasonality or recurring patterns are concerned, these would require a more substantial period to accurately discern any prospective patterns. However, within the provided dataset, no obvious seasonality or obvious recurring patterns can be identified. The fluctuations appear to be random within the aforementioned range and do not occur at regular intervals or specific times.

3. Noting any outliers

Outliers are data points that significantly deviate from other observations. In this range of data, as the fluctuation of rate is within a very narrow segment, no external outlier could be specifically identified. This suggests that during this time period, there were no hyper-normal fluctuations that could be assumed to be as a result of some atypical and significant event.

In conclusion: Throughout the period shown, the THB exchange stayed relatively stable, and did not show any clear patterns or irregularities. Please note that this view is based on the isolated analysis of the given time-series data and does not consider larger context or external events.