Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Comprehensive Analysis of Exchange Rate
Upon analyzing the provided data, it is evident that it represents the changing AOA exchange rates for a specific time period.
1. Understanding the Overall Trend of Exchange Rates
The overall trend for the exchange rate of the period provided is relatively stable. The rate, for most of the period, remains at 0.00164 but sees a very slight decline to 0.00163 eventually. However, given the very minor change, it can be said that the trend largely remained stable during this period.
2. Recurring Patterns or Seasonality
With regard to the seasonality or recurring patterns, the data doesn't show any visible fluctuations that would suggest a seasonal pattern or trend. Despite keeping an eye out for hourly, daily, or other regular recurring changes, the exchange rate remains consistent throughout. Hence, no notable recurring patterns, or seasonality is detected in the dataset.
3. Outliers in Exchange Rates
No notable outliers are evident in the dataset. There are instances of slight decreases in the exchange rate from 0.00164 to 0.00163, but these cannot be deemed as significant outliers. So, there are no notable instances where the rate deviates significantly from the trend.
It's important to note that this analysis is purely based on the numerical information provided in the dataset and does not take into account any contextual information such as specific events or external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Therefore, the analysis might lack context-specific insights which can only be found considering these factors.
In conclusion, the dataset shows a mostly stable AOA exchange rate over the period. No discernible seasonality, recurring patterns, or significant outliers are detected. However, context-aware analysis may provide more insightful nuances about this trend.