Hryvnia Forecast

Not for Invesment, Informational Purposes Only

Summary of Yesterday

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Statistical Measures

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Trend

Overall Trend Analysis

The overall trend in the currency exchange rate data shows a slight but continuous decrease over the time period specified. The exchange rate begins at 0.03468 on the 25th of April, 2024 and cycles downward to 0.03446 by the end of the day. This indicates a slight bearish trend of the UAH during this specific day.

Seasonality Analysis

From the data provided, it's clear that the exchange rate fluctuates slightly throughout the day in a somewhat periodic manner. However, as the data spans only over a single day, it is not enough to conclude on a weekly or monthly seasonality pattern. More data over a longer period would be needed to accurately analyze and conclude on any seasonality trends. However, even within a single day, the small fluctuations might suggest intraday trends, where the exchange rate might be affected by market forces during typical business hours.

Outliers Analysis

There are not any significant outliers present in this dataset. The minimal fluctuation of only 0.00022 from the highest to the lowest point, without any sharp jumps or falls, indicates a relatively stable trading day without any unexpected events influencing the exchange rates drastically. This is again indicative of a slightly bearish, but consistently stable market.

Note: This analysis did not consider external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports, as per the request.

Summary of Yesterday

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Statistical Measures

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Trend

Overview of Exchange Rate Trend

The exchange rate of UAH maintained a relatively stable trend for the given data set. The range of fluctuations appeared to be substantially limited as the rate was mainly oscillating around the 0.0347 mark, with minor increases and decreases in value. The highest recorded value was 0.03476 and the lowest was 0.0346. It, however, needs to be noted that the exchange rate did show some variation but such variations were slightly minimal.

Seasonality and Regular Patterns

Regarding the aspect of seasonality or recurring patterns, the data did not show obvious patterns over the observation period. This phenomenon could be attributed to the relatively short length of the time series data, spanning only one full day. Thus, it would not be sufficient to adequately determine any inherent seasonality or cyclical patterns. However, some random fluctuations were exhibited which could be caused by various underlying minute factors.

Outliers Analysis

The data did not show any significant outliers. The rate fluctuated around a near-constant mean and there were no significant spikes or drops observed outside which could be marked as an unexpected deviation. The UAH exchange rate maintained a range-bound behavior and remained within close proximity of its median value. There were no instances where the exchange rate deviated significantly from expectations based on previous and subsequent values.

In conclusion, the UAH exchange rate over the period showed a steady trend, no clear seasonality, and no significant outliers. But it’s important to note that financial data is quite complex and inherently volatile, displaying intricate patterns that might not be immediately obvious in a brief examination. With more data and context, deeper trends and patterns could possibly be unearthed.

Summary of Yesterday

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Statistical Measures

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Trend

Understanding the Overall Trend

From the data provided, it appears as though the overall trend of the exchange rate of UAH is relatively stable, but with slight increases throughout the period. This is evidenced by the starting exchange rate of 0.03448 and, after several fluctuations, the exchange rate ended at 0.0347. In the course of the period, it's easily observed that there was an overall slight upward trend in the UAH exchange rate.

Identifying Seasonality or Recurring Patterns

As far as the data presented, discerning any meaningful seasonality or recurring patterns is quite challenging due to minimal exchange rate variation. The rates show slight fluctuations but no clearly identifiable pattern repeats at regular intervals. However, this conclusion is subject to the time frame of the data provided; a larger dataset may reveal patterns not evident in this current dataset.

Noting Outliers

Any value that deviates significantly from the trend observed can be considered an outlier. In this dataset, a significant jump is observed at the timestamp 2024-04-23 06:20:02, where the rate increased from 0.0345 to 0.03466. This is the largest change in the shortest amount of time in this dataset, making it an outlier. It is important to investigate such points further to understand the reasons behind such movements.

Please note that all the statements are based on the dataset exclusively and do not factor in market dynamics, financial events, and macro-economic indicators. A deeper analysis and forecasting model could potentially take these into account for a more accurate comprehension of the exchange rate movement.

Summary of Last Month

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Trend

Overall Trend of the Exchange Rates

Upon analyzing the given time series data, it can be observed that the UAH exchange rate is generally stable over the time period shown. The exchange rate seems to fluctuate subtly between 0.03441 and 0.03455, with the maximum being 0.03455 and minimum being 0.03441.

Seasonality or Recurring Patterns

Firstly, it should be stated clearly that defining a seasonal or recurring pattern involves a careful understanding of the data and requires multiple cycles of data, usually involving a few years worth. However, within given data, there are no clear recurring seasonal trends that can be observed reliably.

Notable Outliers and Anomalies

The data doesn't seem to contain any significant outliers, considering we are dealing with exchange rates, these micro-changes are expected and regular due to the nature of the forex markets. The only relative spike the data show is at timestamp "2024-04-22 20:05:03" where the rate increased from 0.03441 to 0.03446. It's worth mentioning that although we do see some changes, they are not significant enough to be labelled as 'anomalies' within the context of forex markets.

Summary of Last Week

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Trend

Analysis of Financial Time Series Data

1. Exchange Rates Trend

Based on the data provided, the overall trend of the exchange rates (UAH) appears slightly variable rather than strictly increasing or decreasing. Observing the beginning rate on 2024-03-22, it was 0.03469 UAH, and towards the end of the dataset on 2024-04-19, the rate shown is 0.03451 UAH. Within this period, though there are slight increases and decreases, there is no prominent upward or downward slope indicating a solid increasing or decreasing trend over time.

2. Seasonality and Recurring Patterns

Identifying seasonality or recurring patterns in financial time series data such as this requires a deep understanding of each timestamp in relation to the data points. However, without considering external factors in this analysis, clear seasonality or recurring patterns are not immediately evident from the data provided. The exchange rate fluctuations appear fairly random at different times, indicating that the changes might be guided by multiple complex factors.

3. Outliers

On an initial review of the data, there do not appear to be any significant outliers where the exchange rate differs significantly from the general trend. However, a more detailed statistical analysis would be required to accurately identify any potential outliers, taking into account factors like standard deviation and variance. In a practical scenario, these outliers could be attributed to unexpected political events, economic policy changes, or significant market news that potentially impact the currency exchange rate.

Note: In order to gain even more accurate insights from this dataset, it would be beneficial to take into account those external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Though these are not considered in this analysis as per the requirements, they can alter the exchange rates significantly and should be considered for a comprehensive financial analysis.

Summary of Yesterday

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Statistical Measures

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Trend

1. Overall Trend of Exchange Rates

The dataset provided spans from 15th April 2024 until 19th April 2024. Analysing the data, we see a general downward trend in the exchange rates throughout this period. Specifically, there was a slight upward trend until the 16th of April but, on the 17th, it began to gradually decline until the 19th - with the lowest down to 0.03449 on 19th April.

2. Seasonality or Recurring patterns in Exchange Rates

Upon observing the hourly intervals, no significant seasonality or recurring pattern in the exchange rates is detected. With this level of granularity, it's crucial to note that fluctuations are small, and what may seem like a significant change could be due to general exchange rate volatility rather than indicative of a larger trend. However, further inspection is required using more extended periods to determine any systemic seasonal patterns accurately.

3. Outliers in the Exchange Rates

With exchange rates remaining between the values of 0.03464 and 0.03496 throughout the data span, there were no significant outliers or instances noted where the exchange rate drastically differs from the general trend. One noticeable point was the abrupt decrease on 18th April, going from 0.03490 to 0.03470, which could be due to market volatility or related factors. Nonetheless, such an occurrence does not impose significant outlier designation as the exchange rates proceeded to maintain around this value.

In conclusion, the exchange rate of UAH shows a modest downward trend over the span of these five days. While no distinguishable patterns of seasonality were detected, the limited range of this data restricts a comprehensive examination. Additionally, the existence of outliers is negligible within the period observed. However, abrupt changes might signify potential movements in the exchange rate trends. For a more eligible analysis, applying a broader range of data could provide clearer insights into seasonal patterns and long-term trends.

Summary of Yesterday

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Statistical Measures

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Trend

1. Understanding the overall trend of the exchange rates

From the data provided, the exchange rate appears to be relatively stable with minor fluctuations. In most cases, the variation in exchange rates revolves around 0.03458 to 0.03465 UAH. There are no evident drastic climbs or drops in rates within the timeframe, signifying a trend of relative stability.

2. Identifying any seasonality or recurring patterns

Identifying seasonality or recurring patterns in time-series data requires a broader perspective over an extended timeframe. Given the data provided, it is difficult to identify a definitive seasonal pattern in the exchange rates, as the data set encompasses a single day. Nonetheless, the Data shows a slight increase in rates during the first 2-3hours, followed by a gradual decrease until around the 7th hour. This pattern slightly repeats around the 12th till the 14th hour.

3. Noting any outliers

Given that fluctuations in the provided data are relatively minimal, it is challenging to pick out a clear-cut outlier. However, it's worth noting that the lowest rate recorded was at the 9:10 timestamp (0.03448) while the highest rate is recorded at the 1:05, 1:10, 1:20 and 1:25 timestamps (0.03465). Although these points deviate from the average, they don't represent significant anomalies or outliers as such variations are pretty standard in currency exchange markets.

Please note that a more detailed and accurate analysis would require a more extended period dataset, preferably spread over weeks or months. It is also typical to factor in external market influences such as geopolitical events, fiscal policies, and economic indicators when doing a comprehensive financial analysis for exchange rates.

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