Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
1. Analysis of the Overall Trend
After analyzing the data provided, there seems to be very minimal volatility in the exchange rates for BTN over the specific timestamp range. The initial value of the exchange rate at the beginning of the time-frame is 0.01622, which only fluctuates slightly throughout the dataset. The maximum observed exchange rate within the data is 0.01626 and the minimum exchange rate is 0.01619. This shows a very nominal up and down progression without significant volatility, indicating a relatively steady exchange.
2. Identification of Seasonality and Recurring Patterns
No clear seasonality or recurring pattern could be identified from the provided dataset due to the relatively stable rates. The minute fluctuations in the rates do not form any discernible patterns. As this data only covers a span of a single day, it may not be sufficient to provide insight on longer-term seasonality or recurring patterns typical of exchange rate analysis which often requires analysis over a larger timescale. Nonetheless, no identifiable pattern can be drawn from this dataset at first glance.
3. Identification of Outliers
In this case, an 'outlier' would be a value that differs significantly from the mean value observed throughout the data. Due to the minimal fluctuations in the exchange rates, and the relatively stable value of those rates, no significant outliers have been observed. All rates in the dataset remain within close proximity of the mean exchange rate, so no instances of sudden spikes or dips were noted.
As specified, external factors such as market opening/closing times, weekends/holidays, or significant financial news and reports have not been taken into account for this analysis. As such, this analysis is based strictly on the provided data, detached from any specific events or potential influencing factors. Also, no forecast for future rates was generated as per request.