Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
1. Understanding the overall trend of the exchange rates:
Examining the data, it seems that the exchange rate of XPF has fluctuated over the given period, with minute increments and decrements throughout. On the 19th of February 2024, the rate started at 0.01212, and by the 23rd of February 2024, it ended at 0.01223. Thus, there's no significant long-term increase or decrease trend observed over this time frame. Essentially, the XPF rate remained fairly stable amidst minor fluctuations.
2. Identifying any seasonality or recurring patterns:
With the limited time range of 4-5 days and hourly data provided, it's difficult to identify any long-term seasonality or recurring patterns. However, there are instances of cyclical patterns daily, such as small changes in the exchange rates that recur throughout the day. This fluctuating pattern seems consistent and is noticed over multiple days, which indicates potential intra-day seasonality.
3. Noting outliers:
Two noticeable outliers appear within the dataset. On the 23rd of February 2024, there are two instances with the XPF rate dropping substantially to 0.01111, a departure from the general pattern observed over the period. This drop appears inconsistent with the otherwise stable trend observed and thus can be considered outliers.
Overall, this evaluation provides a rudimental understanding of the given XPF exchange rate data. For a thorough study, more extensive data might be needed, including a broader range of dates and additional context concerning possible market influences during those periods.