Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
After analyzing the data, it appears that the exchange rates (XCD) show a slight increase over the period shown. However, in spite of minor fluctuations, the overall variation in exchange rates seems fairly moderate without any drastic fluctuations confirming a relatively stable situation.
Exchange Rate Trends
There appears to be a slight but steady upward trend in the exchange rates, with values starting at approximately 0.4985 and ending around 0.49956, despite occasional drops. However, the magnitude of this increase is relatively small over the period observed. The XCD exchange rate generally moved within a narrow range, suggesting financial stability during this period.
Within this general upward trend, there are several periods of increase followed by minor retracement, a common behavior in financial time series data.
Possible Seasonality & Recurring Patterns
On the question of seasonality, the data does not indicate any clear seasonal or recurring pattern over this specific time frame. To identify seasonality, one would ideally observe data for full year cycles or over multiple yearly quarters, which is not the case with this dataset.
Observation of Outliers
Regarding outliers, there do not appear to be significant deviations in the XCD exchange rates based on the data presented. All the values fall relatively close to the overall average exchange rate, and deviations from the mean appear minimal, suggesting that there are no considerable outliers - instances where the exchange rate differs significantly from the general trend or seasonality observed.
External Factors & Future Forecasts
The request doesn't ask for an account of external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Still, these could potentially influence the exchange rates. Therefore, they are relevant considerations when interpreting financial data in contexts beyond the scope of this analysis. The request also specifically does not ask for forecasts of future exchange rates.