Kip Forecast

Not for Invesment, Informational Purposes Only

Summary of Yesterday

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Statistical Measures

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    1. Overall Trend of the Exchange Rates

    The dataset shows that the exchange rate for LAK remained stable at 7.0E-5 for a considerable amount of time. More than 75% of the data points (or timestamps) recorded the rate at 7.0E-5. After this long spell of stability, there was a drop to 6.0E-5, which is a significant reduction if we look at the data in relative terms. The reduced rate of 6.0E-5 also remained consistent for an extended period, suggesting a new stable phase.

    2. Seasonality and Recurring Patterns

    As the LAK rate remained constant at 7.0E-5 for the majority of the timestamps and then remained steady at 6.0E-5, it's challenging to identify a clear pattern of seasonality or recurring frequency in the rate changes within this dataset. The change from 7.0E-5 to 6.0E-5 is not a recurring pattern but seems to be a shift in the level of the exchange rate. Further data would be needed to determine whether this pattern repeats or if additional shifts may occur.

    3. Outliers

    In this dataset, an outlier can be considered as an instance where the exchange rate significantly deviates from the dominant rate. The dominant rate for a long time has been 7.0E-5, and hence a deviation from this value could be seen as an outlier. In that respect, when the rate changes to 6.0E-5, it can be considered an outlier. However, given that this new rate also remains consistent for an extended time afterwards, it can also be interpreted as the new norm, and hence not an outlier. Generally, recognizing an outlier in such time-series data, where the rate changes are minimal and the rates remain the same for long periods, can be a challenging task.

Summary of Yesterday

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Statistical Measures

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  • Trend

    Data Overview

    The time-series data ranges from the timestamp '2024-02-28 00:00:02' to '2024-02-28 23:55:02', essentially encompassing multiple data points in a single day. The 'LAK' column represents the exchange rate which seems to be reasonably consistent at '6.0E-5' until '2024-02-28 03:55:02' where it increases to '7.0E-5' and continues at this rate till the end of the day.

    Overall Trend

    The exchange rate is mostly stable throughout the day, with two clear levels - 6.0E-5 and 7.0E-5. The first shift occurs at '2024-02-28 03:55:02' where the rate increases from '6.0E-5' to '7.0E-5'. After that, the rate momentarily drops back to '6.0E-5' at '2024-02-28 04:05:02' and stays consistent until '2024-02-28 05:15:02', when it again rises to '7.0E-5'. After this time, the rate remains at '7.0E-5' for the rest of the timestamps.

    Seasonality and Recurring Patterns

    Given the day's worth of data, it's tough to comment on any reliable seasonal or recurring patterns. However, the significant level shift from '6.0E-5' to '7.0E-5' may suggest some daily pattern occurring at specific times of the day. With more extensive data covering weeks or months, these possible patterns could be better explored.

    Outliers

    There appear to be no significant outliers in the data. The exchange rate remains mostly consistent at one of two values, '6.0E-5' or '7.0E-5' and does not deviate from these values. Extreme or surprising values expected from an outlier are missing in this dataset.

    Further Analysis

    This analysis is strictly exploratory and does not consider external market factors or predictive modeling to forecast future rates. A more comprehensive analysis could involve examining large datasets, considering relevant market factors, and using machine learning or other statistical forecasting models.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:
  • Trend

Summary of Last Month

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Statistical Measures

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    Overview of Exchange Rates Trend

    In observing the data, there's a clear overall trend; the LAK exchange rate appears to be very stable over the period given. There are no significant increases, decreases or shifts, as the rate maintained a steady value of 6.0E-5 throughout all the timestamps.

    Seasonality and Recurring Patterns

    Due to the steady nature of the exchange rates in this dataset, there's no apparent seasonality or recurring patterns present. This may indicate that during this specific time period, the LAK exchange rate was not significantly influenced by cyclical factors, or the dataset does not cover enough period for these cyclical factors to materialize.

    Outliers

    There are no identifiable outliers in this dataset. The LAK exchange rate consistently remained at a flat rate of 6.0E-5 across different times of the day throughout the entire given period. There's no instance where the exchange rate differs significantly from the average rate.

Summary of Last Week

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Statistical Measures

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    Analysis of Exchange Rates (LAK) Dataset

    The dataset provided contains timestamped data of the exchange rates (LAK) spanning various time. Given the nature of the data and the objective provided, which include understanding the overall trend, identifying any seasonality or recurring patterns, and noting any outliers, here’s the comprehensive analysis:

    1. Overall Trend

    Examining the data, it suggests that the LAK exchange rates remained largely constant at 6.0E-5 over the entire period for the majority of the time intervals. This indicates that the exchange rate has been quite stable during this period, with no clear or apparent increasing or decreasing overall trend.

    2. Seasonality or Recurring Patterns

    The given dataset does not display any obvious signs of seasonality or recurring patterns. The values oscillate between the 6.0E-5 and 7.0E-5 for a few instances, but these changes are not cyclical or recurring with a specific, identifiable frequency. Since we don't have complete data for each day of the month or for each month of the year, it's not possible to determine definitive seasonal trends or cycles.

    3. Outliers

    In this context, an outlier would be a significant deviation from the usual exchange rate of 6.0E-5. On several instances through the timestamps provided, the exchange rates increase to 7.0E-5, which could be considered an outlier owing to its deviation from the normative value. However, these instances are relatively few and sporadic, not significantly affecting the overall trend.

    In summary, this analysis of the provided dataset reveals a largely stable trend in exchange rates with the exception of a few outliers where the rate increases slightly. These fluctuations however do not appear to follow a significant seasonality pattern or cyclic trend.

    Note: This dataset analysis does not take into consideration any external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports which might have an effect on 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

    Analysis of the LAK Exchange Rate Data

    Given the data, we will now proceed with the requested comprehensive analysis of the Lak Exchange Rate dataset. Please note that the dataset provided spans from 2024-02-19 01:00:02 to 2024-02-23 14:00:01.

    1. Overall Trend of the Exchange Rates

    The overall trend of the LAK exchange rates appears to be exceptionally stable throughout the duration of the data provided. The rate remains constant at 6.0E-5 for each timestamp, indicating that there is neither any noticeable rise nor fall over the period in question.

    2. Identification of Seasonality or Recurring Patterns

    Given the constant rate, there is no discernible pattern or seasonality in the data. The LAK exchange rate does not appear to fluctuate at all within the time frame given. It remains the same irrespective of the date or time of day, suggesting that there's no recurring change or a consistent time-based pattern.

    3. Noting Any Outliers

    Considering the nature of the data, where the exchange rate remains consistent throughout the given timeframe, we cannot identify any outliers. This is due to the fact that every value in this dataset is identical. Hence, there are no instances where the exchange rate differs significantly from the given constant rate.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:
  • Trend

    Analysis of LAK Exchange Rate Time Series Data

    From the data provided, it's evident that the LAK exchange rate remained constant throughout the period with a rate of 6.0E-5. This leads to the following conclusions:

    1. Understanding the overall trend of the exchange rates

    Given that the exchange rate remained constant at 6.0E-5 for each timestamp, the conclusion for the overall trend is that the LAK exchange rate is steady. There are no periods of increase or decrease over the provided time span.

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

    Due to the constant nature of the exchange rate, there's no seasonality or recurring pattern identifiable in the dataset's changes. A recurring pattern or seasonality would imply regular fluctuations in the values, which is not present here.

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

    As the LAK exchange rate remains consistently at 6.0E-5, there are no outliers in this dataset. An outlier would be an exchange rate substantially higher or lower than 6.0E-5, and no such value is present in the provided data.

    It's important to note that while the absence of variability in the data simplifies the analysis, it can also make identifying dramatic changes or potential market events challenging.