Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
1. Overview and Trend Analysis
Going through the dataset from 19th February 2024 to 23rd February 2024, the overall rates appear to fluctuate within a narrow range (0.28 – 0.282). From an overall perspective, the exchange rates seem to slightly increase in this period. In the beginning, the rate is 0.28166, peaking at 0.28291 before settling around 0.28259. The general trend of the rate is moderately increasing in this specific timeframe; however, the fluctuations are quite small and relatively stable.
2. Seasonality and Recurring Patterns
Considering the time series nature of the data, the data doesn't show strong signs of seasonality or recurring patterns over the period analyzed. The data seem more or less random, and there may not be a particular recurring pattern on a daily, hourly, or any timeframe basis. This might suggest that short-term exchange rate movements are influenced by a wide variety of frequent and unpredictable factors, which can not be discerned from the provided dataset.
3. Outliers and Volatility
The dataset doesn't display any apparent evidence of outliers, with most values falling within a tight range of 0.28 to 0.282. There is a certain level of volatility or fluctuation over time, which is very typical for financial time series data like exchange rates. However, I wouldn't consider this as outliers necessarily - it is more of a natural characteristic of financial market data. The highest exchange rate observed was 0.28291, while the lowest was 0.28097, displaying slight variability in the rates during this period, but without significant deviations.
To summarize, this particular set of exchange rate data shows slight increments over the period from 19th February 2024 to 23rd February 2024. The data does not seem to indicate discernable patterns or seasonality. Also, there were no significant outliers or anomalous values seen in the dataset. It is important to note that the interpretation of these data has been done outside of the context of any known external events or factors that may potentially influence exchange rates.