Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Overall Trend Analysis
Based on the data provided, the exchange rate (COP) appears to remain fairly stable over the course of the day on February 28, 2024. It initially remained steady at 0.00034 until 02:15:02 when it increased slightly to 0.00035. This rate of 0.00035 persisted for the rest of the day. There is no significant upward or downward trend from the provided dataset.
Seasonality and Recurring Patterns
Regarding seasonality observations, a single day's data is typically insufficient to ascertain any robust seasonal pattern over days, months, or years. With more data, patterns related to specific times of day, days of the week, or seasonal variables could potentially be identified. That being said, the exchanges rate hovered around 0.00034 for the first few hours until it experienced a slight increase to 0.00035, which maintained through the rest of the day. There might be a pattern, but with the given data, it's not substantial enough to be concluded.
Identification of Outliers
An outlier in this dataset would be a significant deviation from the generally stable rate of 0.00034 or 0.00035. The provided dataset does not seem to contain any such outliers. All the values of the exchange rate are within the range of 0.00034 to 0.00035. However, it's important to consider that this conclusion is based on the dataset of a single day and not a wide range of dates.
In conclusion, this basic analysis suggests a reasonably stable exchange rate for the COP on February 28, 2024. However, please note that a more comprehensive analysis would need to take into account data from a longer time period and possibly consider factors external to this dataset