Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Understanding the Overall Trend
Across the given dataset, the exchange rates display volatility within a range from approximately 0.35653 to 0.35918. We see that the exchange rate initiated at 0.35873 and concluded at 0.357, illustrating a slight trend of depreciation in the currency over the period. It is however important to note that the trend isn't steep and has numerous ups and downs over the period, showcasing a high level of volatility in the exchange rates. Consequently, it can't be explicitly said that whether the exchange rates generally increase, decrease, or remain stable, but it appears marginally inclined towards depreciation.
Identifying Seasonality or Recurring Patterns
From a glance at the given dataset, it's challenging to decipher any clear seasonality or regular patterns in the changes of exchange rates. As the data provided is intraday, this isn't unreasonable - exchange rates are impacted by multitudes of factors, and discerning a daily pattern might need a more extensive or longer-period dataset. That said, there are recurring periods of minor rises and falls which could be due to the opening and closing of different global markets, but it isn't specific in this data set.
Noting Any Outliers
Most of the values in the dataset are in the range of 0.35 - 0.36. Consequently, all values within this range could be considered normal, and values outside of this range could potentially be considered outliers. However, within the given dataset, all the observations lie within this range, suggesting no visible outliers. It should be noted, that without a more extensive dataset or context, it's challenging to definitively say what constitutes an outlier in this case.