Summary of Last Month
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Analysis of Time-Series Data
The provided time-series data represents the exchange rate of MMK over different timestamps, spanning several hours within a day. Specific detailed analysis is as follows:
1. Overall Trend of Exchange Rates
Upon examining the details of the provided data, we can observe that there is no fluctuation in the exchange rate as it remains constant at 0.00064 throughout the entire dataset. Since there is no variation in the data, we can conclude that there is no clear upward or downward trend in the rates. They are incredibly stable for the duration covered by this dataset.
2. Seasonality and Recurring Patterns
In financial analysis, seasonality is the presence of variations that occur at specific regular intervals less than a year, such as weekly, monthly, or quarterly. Given our dataset, there is no identifiable seasonality or recurring patterns in the data as the exchange rates are the same at all times, with no fluctuation.
3. Outliers and Unexpected Changes
As the dataset lacks any volatility, with the exchange rate constant at 0.00064, it's safe to conclude that no outliers occur in this dataset. An outlier would be indicated by a significant variation or spike in the currency exchange rate, which does not happen according to the dataset provided.
In conclusion, the dataset suggests that the MMK exchange rate is extremely stable, showing consistent value throughout the analyzed time frame.
This analysis strictly adheres to the information provided in the raw dataset, and does not consider external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Therefore, should there be any anomalies or changes in future datasets, those influences should be considered towards a more comprehensive analysis.