Netherlands Antillean Guilder Forecast

Not for Invesment, Informational Purposes Only

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 Overall Trend of the Exchange Rates

From the provided time-series data, it's evident that exchange rates exhibited a generally downward trend across the specified time period. The rate began around 0.76073 and decreased to a final rate of about 0.75778. This could suggest factors such as changes in monetary policy or economic events. However, as mentioned, this analysis doesn't take into account specific external events or market hours.

Seasonality and Recurring Patterns

While identifying seasonality within this data might require a more comprehensive dataset over a longer timescale, the time series data doesn't show clear seasonality or recurring patterns within the exchange rates. The values fluctuated at various points but no discernible or consistent pattern can be deduced over the time period. More data spanning a wider timeframe (like months or years) would be beneficial for teasing out clear seasonal trends.

Outliers in the Data

Rounding out this initial analysis of the data, no drastic outliers were identified. This would suggest that during this timeframe, the exchange rates fluctuated within a reasonably predictable range without dramatic spikes or dips. Remember, this data analysis doesn't take into account external factors like major financial news or sudden drastic changes in economic conditions, which could cause such outliers in real-world scenarios.

Conclusion

The time series data shows a slight decline in the exchange rate over the provided period. No clear patterns or seasonality could be identified, and the data contained no drastic outliers. Future analysis may benefit from larger datasets and consideration of external factors that influence 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

1. Understanding the Overall Trend of Exchange Rates

The dataset provided starts from an exchange rate of 0.76226. It fluctuates throughout the period, reaching a peak of 0.76355. The lowest rate within this period is 0.75904, while the rate at the end of this period is 0.76079. From an overall perspective, the exchange rate shows a slight decrease over this time period, although there are considerably many fluctuations.

2. Identifying Seasonality and Recurrent Patterns

In this data set, it's difficult to identify a clear seasonality or a recurring pattern due to the constant oscillations seen in the exchange rates. These fluctuations could primarily be due to the continuous changes in supply and demand in the foreign exchange market. However, the frequency of these fluctuations indicates the market is highly active and volatile.

3. Outliers in Exchange Rates

A number of outliers can be noticed throughout the provided dataset. For instance, at several points, the rates fall significantly below the general trend seen in the data. Notably, the rate drops to 0.75904, which is the lowest in this period and significantly lower than the average rate. Similarly, there are instances where the rate goes significantly above the general trend, like the peak value of 0.76355. These significant fluctuations could be due to a variety of factors within the financial market, but as per your instructions, we are not accounting for specific events or external influences in this analysis.

It's important to interpret outliers carefully, as they can be caused by various factors, such as dramatic shifts in foreign exchange markets, economic announcements, etc. As per the scope of this analysis, however, it's not possible to determine the exact causes of these outliers.

Overall Conclusion

The provided dataset depicts the highly dynamic nature of the exchange rates. Though a slight overall decreasing trend can be inferred, the rates fluctuate quite frequently, making the foreign exchange market highly volatile. Several outliers, both on the higher and lower side, indicate potential shifts in financial scenarios during those times. However, without accounting for external factors or specific events, it's challenging to understand the precise rationale behind those significant fluctuations.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Overall Trend of Exchange Rates

Visually observing the data shows some fluctuations in the exchange rates over the timestamps provided. An initial glance at the data suggests that the exchange rate starts at 0.76066, and ends at 0.76225. This indicates a slight increase in the value over this period. However, the change is not entirely linear, with some periods of increase and decrease in between. We would need to plot this data over time or perform a statistical analysis, such as a trend decomposition, to more accurately describe the trend.

Seasonality and Recurring Patterns

Whether there are seasonal patterns or other recurring fluctuations in the exchange rates is hard to determine merely by looking at the data. We would generally expect such patterns in financial data due to regular events like market hours, weekends, and the release of key financial news or reports. However, since the request specifically asked not to include these factors in the analysis, we are left to analyze purely the numbers themselves for any inherent pattern. A deeper analysis like autocorrelation or Fourier Analysis might help detect hidden periodic patterns.

Notable Outliers and Variances

The most obvious outlier in the dataset is the jump from 0.75878 at timestamp 2024-04-23 20:00:03 to 0.7619 at timestamp 2024-04-23 20:05:02. The subsequent data continues around this new level, showing that this was not just a quick spike. This indicates there was a significant change in the market at this point, although the constraints of the analysis prevent us from investigating this further. Beyond this, the data appears relatively stable with minor fluctuations around the increasing trend.

Summary of Last Month

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Based on the provided dataset, here is a comprehensive analysis:

1. Overall Trend of Exchange Rates

The overall trend in the exchange rate data for ANG appears to be somewhat stable with small fluctuations over the entire period in consideration. There are observable minor differences between the highest rate (0.76275) and the lowest rate (0.75886), indicating a minimal yet volatile movement. It is important to note this does not mean a drastic rise or fall within short intervals.

2. Seasonality or Recurring Patterns

By looking at the data, it is difficult to identify any direct evidence of strong seasonality or recurring patterns solely from these timestamp entries. The given data has fluctuations that seem to be more irregular and random than patterned. More thorough data or additional features such as days of the week, months, or quarters might be necessary for evaluating seasonality.

3. Identification of Outliers

A number of data points could be considered as potential outliers where the exchange rate differs significantly from general trend. For instance, we observe declines around the mark of 0.75886 which is relatively lower compared to the data set's rates. Again, additional context or information may be needed to know the reasons behind such outliers and determine whether they are actual outliers or part of potential patterns.

Reminder:

While the above analysis provides a simple overview of the data, a deeper analysis could be performed considering the external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Also, the data available is limited, and detailed forecast and specific predictions cannot be reliably made without model trainings, backtesting, and validation, along with consideration of the wider set of influencing factors.

Summary of Last Week

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Overall Trend of Exchange Rates

Upon initial examination, it's observed that exchange rates seem to fluctuate actively in the dataset provided. There is a general upward trend but it does not imply that the rates only increased. Instead, they seem to oscillate within this trend, varying mildly over different periods. Specific points showcase sharp increases and decreases, but the consistency of these trends is hard to verify without further detailed analysis.

Seasonality or Recurring Patterns

As it is a time-series data, to understand any seasonality or recurring patterns, we would require more information related to the cyclical trends or events that generally impact ANG exchange rates. However, based on the provided data, no frequent and predictable patterns are easily visible. Further statistical analysis needs to be done to understand the recurring patterns of the time-based data.

Outliers and Deviation

Regarding outliers, specific points jump out as potential outliers. These are the points where the exchange rate spikes up or drops sharply. However, such points are sporadic, and it's not clear if these are genuine anomalies or part of the dataset's inherent volatility. On a broader scale, the exchange rate's overall fluctuation range does not seem to be incredibly drastic. While large changes are observed, they are the exceptions rather than the norm and do not appear to disrupt an acknowledged trend or pattern.

Conclusions

To sum up, the dataset projects iterative fluctuations with mild variations in the exchange rates for the time period reviewed. There is a general increase in the rates, but given the rate's nature, it oscillates along this trend. While certain data points could be considered as potential outliers, it is pivotal to understand that in such financial data, outliers might be the result of volatile market behaviors. Finally, establishing seasonality or recurring patterns would require conducting more in-depth analysis, likely incorporating additional external data variables not currently present in the dataset.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Understanding the Overall Trend of the Exchange Rates

In the given time period starting from 2024-04-15 01:00:02 until 2024-04-19 13:00:02, the exchange rate seems to have experienced minor fluctuations, but the overall trend is unclear without a calculated metric. There were points when the rate rose and other points where it fell. However, from a superficial analysis, there appears to be no drastic increase or decrease over the period covered by the data.

Identifying Seasonality

Upon visual inspection of the dataset, it is difficult to conclusively determine any seasonality or recurring patterns due to the close proximity of data points. The exchange rates do experience fluctuations but without an in-depth time series analysis these cannot be attributed with certainty to specific recurring hourly or daily patterns. An algorithmic time series decomposition would be required to isolate and identify any possible recurring trends with a level of statistical significance.

Noting Outliers

Detecting outliers in this kind of time series data would typically require plotting the exchange rates or calculating statistical measures such as the standard deviation and the Z-score. However, from the data provided, there do not appear to be any instances of highly deviant values that we can immediately classify as outliers. Nonetheless, without a statistical analysis, it is hard to definitively identify outliers only based on looking at the number patterns.

Contextual Factors

The analysis provided is purely based on the numerical data provided and does not consider any external factors that could have possibly influenced the movement in exchange rates, such as the opening and closing of markets and the release of financial news or reports. Considering these external factors could provide additional insights into the observed behavior of the exchange rates but as per your request, these have not been included in the analysis.

Forecasting

As instructed, this analysis does not include any forecast for future rates. Forecasting would entail employing a time series model like an autoregressive integrated moving average (ARIMA) or exponential smoothing (ETS) model to predict future exchange rates based on the existing data. Such forecasts typically come with confidence intervals that represent the uncertainty inherent in predicting future outcomes.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Understanding the Overall Trend of the Exchange Rates

The exchange rate data provided has fluctuations throughout the entire period. However, the data seems to show a generally slightly upward trend. This indicates a slight increase in the value of the rate unit over time. The rates begin at 0.76183 and end at 0.76298. While the change is not drastic, it does provide some insight into the overall trend.

Identifying Seasonality or Recurring Patterns

While a definitive pattern or seasonality is difficult to ascertain from the given data, certain observations can be made. The exchange rate seems to experience a slight increase and decrease in a cyclical manner within short durations. This trend could possibly indicate that at specific times, there might be higher trading activity leading to such fluctuations. However, to confirm any signs of seasonality, a more detailed frequency-based (like hourly, daily, weekly) analysis would be more beneficial.

Noting Significant Outliers

Throughout the period shown, the exchange rates occasionally show sudden rises and falls. For example: at around "2024-04-19 06:25:02" the rate goes up to 0.76395 from the previous value of 0.76132 which is a significant difference given the general trend in the data. However, these outliers are not so frequent as to drastically alter the overall increase in the value of the exchange rate unit over this period.

Recent News