Gourde Forecast

Not for Invesment, Informational Purposes Only

Summary of Yesterday

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  • Difference of Daily High & Low:

Statistical Measures

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  • Standard Deviation:

Trend

1. Understanding the Overall Trend

Based on the data extracted, the exchange rate of the HTG appears to be generally stable throughout the given period of time from 2024-04-25 00:00:02 to 2024-04-25 23:55:02. Initially, we have the rate stably standing at 0.01034 during the initial hours until a slight drop to 0.01033 observed around 2024-04-25 01:40:02 and the rate fluctuates between 0.01033 and 0.01034. Later, at the timestamp 2024-04-25 06:25:02, it observed a further drop to 0.01031. And from the timestamp 2024-04-25 14:05:03, it has decreased to 0.01030.

2. Identifying Seasonality or Recurring Patterns

Analyzing the data, there's no clear evidence of a regular seasonality pattern within this dataset throughout the given time frame. However, it is worth noting that the exchange rate tends to decrease slightly over certain periods, specifically, in the early morning (around 6:25) and early afternoon (around 14:05). These periods may denote some recurrent but slight patterns within the data, possibly resulting from daily market activities or financial operations globally, which impact the exchange rate.

3. Noting Outliers

An outlier in this context would be an exchange rate that differs significantly from the overall trend. From the provided dataset, we do not observe any extreme or significant fluctuations in the exchange rates. Most of the changes seen in the data set are minor and shift very slightly throughout the period. In other words, the dataset doesn't seem to include any major outliers.

Please note that the given analysis was purely based on the numerical patterns observed in the dataset, not on external financial factors or events. As requested, I did not take into account the market opening/closing hours, weekends/holidays, or key financial news reports that might potentially impact the exchange rates.

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 general trend of the exchange rate across this time period seems to be fairly stable. The rate begins at approximately 0.01037 and the rate mostly fluctuates between 0.01032-0.01038 throughout the date. However, a persistent decrease is seen during the late hours as it drops down to 0.01032. Accordingly, we can say that the trend suggests minor fluctuations but overall, it appears to be quite stable without any significant increase or decrease in rates.

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

Inspecting the dataset, it appears there isn't notable seasonality in the data. The rates fluctuate within a narrow range throughout the course of the day and the value movement is quite random. Hence, it's challenging to pinpoint specific recurring patterns just from the data from one single day. A wider interval of data may be required to discern any clear seasonal patterns.

3. Noting any outliers, or instances where the exchange rate differs significantly based on the trend or seasonality.

From the provided data, only one slight deviation is noted in the exchange rates at around the time frame of 06:50:02 with a value of 0.01032 which is slightly lower than the range 0.01034-0.01038, where major portion of the exchange rates lie, could be considered as a minor 'outlier'. Apart from this, there doesn't appear to be significant divergence from the general rate, indicating that there aren't any major outliers present.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Based on the dataset you provided, here's the comprehensive analysis:

1. Understanding the Overall Trend of the Exchange Rates

The entire dataset shows a generally stable trend in the HTG exchange rate. It began at 0.01034 and ended at 0.01037. Although negligible changes between 0.01032 and 0.01037 were observed throughout the period, these fluctuations do not appear to present a strong increasing or decreasing pattern.

2. Identifying Any Seasonality or Recurring Patterns in the Changes of Exchange Rates

The dataset does not exhibit noticeable seasonality or repeating patterns within the given time frame. The minor fluctuations in the exchange rate seem largely sporadic instead of following a regular, predictable cycle.

3. Noting Any Outliers or other Significant Observations

The dataset does not show any significant outliers; the HTG rates remain relatively consistent throughout the period. Despite small fluctuations, these changes are minor and do not depart from the overall pattern drastically.

Please note that for a more in-depth analysis, additional data extending over a longer period, as well as information on possible influencing factors such as macroeconomic indicators or significant financial events, would be required. However, you have mentioned that these should not be taken into consideration for this analysis.

Summary of Last Month

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Statistical Measures

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Trend

Overall Trend Analysis

Observing the given time series data, the overall activity of the HTG exchange rate shows a slightly decreasing trend. The rate commenced at 0.01036 and slowly descended to 0.01032, then increased a little towards 0.01034 at the end of data. This implies that the rate experienced a reduced market value over the period under consideration.

Seasonality Analysis

In this dataset, there does not appear to be any noticeable seasonal pattern. The data occurs in relatively short and consistent intervals and does not demonstrate any clear repetitive or cyclical pattern that could be related to a seasonal effect. However, close monitoring over a longer period may be required to confirm the absence of strong seasonality effects.

Outliers and Notable Instances

This dataset does not seem to contain any significant outliers or elements that would deviate from the general trend of the dataset. Each individual point rests in proximity to its neighboring values and follows the gradual overall decrease. Therefore, there are no significant spikes or dips in the dataset that could be regarded as outliers to be analyzed in details. It is important to note that this conclusion is subject to the given set of data and will need revision should more data points or factors be taken into consideration.

Textual Description

Although there was a very slow decline in the HTG exchange rate over the given period, the rate tends to display relative consistency, without significant fluctuations. There is no obvious seasonal pattern to be found from the information available. This suggests that the rates are not heavily influenced by recurring factors within the period provided. Furthermore, this dataset does not present any significant outliers, indicating a generally stable trend of the exchange rate. This analysis does not take any external factors such as market timings or financial reports into account and is solely based on the provided time-series data.

Summary of Last Week

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Statistical Measures

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Trend

Data Import and Cleaning

To start with, we first import the data provided into a workable format. Given that the format of the data is irregular, an initial cleaning process is carried out. This includes splitting the single text into a data-frame with timestamp and exchange rate columns properly segmented.

Overall Trend Analysis

Let's begin with the first task: analyzing the overall trend in the exchange rates. To get a sense of the trend, a scatter plot of the exchange rates against the timestamps will provide a visual representation of the movements over time. A line of best fit can be superimposed onto this scatterplot to add clarity to the trend. Preliminary assessment of the graph reveals that the exchange rates have a slight fluctuation throughout the given period, with minor increases and decreases. There does not seem to be a clear increasing or decreasing trend.

Seasonality and Recurring Pattern Analysis

Moving onto the second task of identifying any potential seasonality or recurring patterns in the data, we employ time-series decomposition. This will tell us whether the nature of the fluctuations is random or if there are any systematic patterns that are repeating in the data. We found no apparent daily patterns in the data to suggest seasonality - the exchange rate values seem to occur randomly rather than in any specific time-based pattern. But for a stronger conclusion, we would need more data points, preferably several years of data.

Outlier Detection

Lastly, we search for potential outliers in the exchange rate data. Utilizing a boxplot can be an effective method for detecting outliers in this context. This graphical method illustrates the interquartile range, within which the central 50% of exchange rates fall. Any exchange rates that fall outside this range can be considered outliers. No noticeable outliers have been found. Although there are some spikes and dips, they do not appear to be vastly different from the general distribution, plus the fact that even minor differences can have significant impacts in financial contexts.

Results and Conclusions

It is crucial to note that this analysis does not consider any potential external influencing factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. As such, any potential impacts from these factors have not been factored in. We didn't provide any forecast for future rates, but keep in mind that past performance is no guarantee of future results, especially in the ever-changing and highly influenced world of exchange rates. The presented analysis should be utilized as an exploratory tool, rather than a definitive guide for financial decision-making.

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 HTG exchange rate from April 15, 2024, to April 19, 2024, indicates relative stability with minor fluctuations. The rate starts at 0.01037 and ends at 0.01036 over a span of 4 days. There were fluctuations that peaked around 0.01043 within this time period but generally, the exchange rate seems to revert to the mean, indicating no substantial upward or downward trend.

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

Given the short time frame of the data supplied, it is quite hard to discern any clear pattern of seasonality in the exchange rates. Generally, one would expect to examine seasonal patterns over longer periods (a year or more) and see if rates rise or fall around the same periods. There may be daily patterns for this particular dataset if deeper time series methods were applied, like comparing opening and closing values of each day.

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

Within the given dataset, there does not appear to be any noticeable outliers or instances of the exchange rate deviating significantly from the expected trend. The rate does occasionally peak at 0.01043, but it doesn't seem to deviate greatly from the average rate observed in the majority of data points. In summary, no significant outliers have been noted within the provided data range.

Please note that this analysis is based solely on the dataset provided and has been analysed without follow-up research on what could have happened during those days, which may affect the exchange rates, or consulting external market data.

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 Analysis

Upon detailed examination of the given HTG exchange rate data, a slight fluctuation is noticed. Rates oscillate between 0.01034 and 0.01038, maintaining a relatively stable trend overall. The largest jump is observed around the timestamp 2024-04-19 06:20:02, where it rose from 0.01036 to 0.01038. This indicates no significant increase or decrease trend during the period shown.

2. Seasonality and Recurring Patterns

Time-series data for financial markets often exhibit seasonal trends, such as intraday patterns related to market opening/closing times, or weekly patterns because of weekends and holidays. However, from the given data, identifying any evident seasonality or recurring pattern is challenging due to the relatively stable nature of the rates and the short period under review. Therefore, without a more substantial data sample spread over a longer timeframe, it's hard to draw a clear conclusion regarding its seasonality or recurring patterns.

3. Outliers and Variances

This dataset does not show any significant outliers or feed points where the exchange rate differs drastically from the overall trend. The highest observed exchange rate is 0.01038, and the lowest is 0.01034, suggesting minimal variance. The relatively minor nature of these fluctuations leads to the conclusion that the exchange rate has been stable over this period, without remarkable deviations.

While the analysis doesn't take into account external factors such as market timings or financial news, these can often play a crucial role in rate fluctuations. Therefore, it is advisable to consider these elements as part of a more extensive and holistic analysis involving financial time-series data.

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