Philippine Peso Forecast

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 the exchange rates

The dataset provided shows the exchange rate from 2024-04-25 00:00:02 to 2024-04-25 23:55:02. The exchange rate at the start of the period was 0.02364 and it ended at 0.0236. There was a slight decrease in the value of the exchange rate over the entire period. The exchange rate ranged between 0.0236 and 0.02374. Therefore, over this specific day, the overall trend of the exchange rate was relatively stable with a slight decrease.

2. Identifying any seasonality or recurring patterns

From the dataset given, it's hard to detect any seasonality or recurring patterns as the data only covers one day. Typically, to detect seasonality or recurring patterns, data covering multiple repeating periods, such as several weeks, months or years, would be needed. However, small fluctuations could be observed throughout the day, with a tendency for rates to change slightly every few hours.

3. Noting any outliers or instances where the exchange rate differs significantly

In regards to outliers or significant differences in the exchange rate, none were detected in this dataset. Over this one-day period, the exchange rate remained largely consistent, without any unexpected or significant spikes or drops.

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 Analysis

After carefully analyzing the timestamp and corresponding PHP exchange rates from the dataset, the overall trend appears to be somewhat stable throughout the given timeframe. There were minor fluctuations in the exchange rate, however, no significant upward or downward trend can be conclusively identified. The exchange rate varied within a small range of 0.02364 PHP to 0.02381 PHP during this period.

Seasonality and Recurring Pattern Analysis

When studying the dataset from a seasonality perspective, it is challenging to conclusively determine any recurring pattern because the data is for a day period which needs longer series to establish recurring patterns like weekly or monthly. However, no observable hourly pattern is discernible in this given dataset of one day.

Outliers and Variances

Based on the information provided, anomalies or values that significantly deviate from the general pattern are negligible and within the limited range of variability. No significant outliers were observed that could suggest substantial variations in the exchange rate. However, it's important to note that the outlier detection in financial time series often requires more sophisticated statistical approaches the daily fluctuation seemed normal for a liquid currency pair. Therefore, the exchange rate can be considered generally stable throughout the given period.

Note

Please consider that a more comprehensive analysis might involve considering factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. However, these factors were not considered in this analysis to keep it simple and concentrate only on identifying apparent data patterns. Additionally, a dataset with longer timelines would yield more accurate trend and seasonality analysis.

Summary of Yesterday

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

Statistical Measures

• Mean:
• Standard Deviation:

Trend

Data Analysis Results

Based on the dataset given, the following observations and conclusions can be deduced:

Overall Trend

The overall trend of the PHP exchange rate seems generally stable across the entire dataset. Specifically, the PHP exchange rate started at 0.02384 and ended at 0.0238, indicating only minor fluctuations over the entire period. And the majority of exchange rate lies between 0.02379 and 0.02384. This suggests a relatively flat or horizontal progression, with no significant upward or downward trends discernable from the data provided.

Seasonality and Recurrent Patterns

There doesn’t appear to be clear recurrent or seasonal patterns based on the provided data. The fluctuations in the exchange rate are small and fairly evenly distributed throughout the entire dataset. As such, no discernible cyclical patterns have been identified.

Outliers

As for the outliers in the dataset, since the exchange rate lies within a narrow range, there don’t appear to be any notable instances where the exchange rate differs significantly from the general trend. This indicates a relatively stable exchange rate over the time period shown in the data.

Please note that this analysis is purely based on the provided data and doesn't consider any specific external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. As such, the conclusions drawn might vary if such factors were to be taken into account.

Summary of Last Month

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

Statistical Measures

• Mean:
• Standard Deviation:

Trend

Understanding the Overall Trend of Exchange Rates

An overview of the provided dataset indicates a fluctuating trend in the PHP exchange rates over time. The greatest value recorded is 0.02391 at the beginning of the dataset, while the lowest is 0.02377 towards the end. The rates show a slight decreasing trend with time. There are instances of stability where the rates hold continuous values for a specific duration before changing.

Identifying Seasonality or Recurring Patterns

The dataset does not show any distinct seasonality or recurring patterns in the fluctuations of the PHP exchange rates upon initial analysis. The values of rates seem to be changing somewhat sporadically with no clear cyclic pattern. It is necessary to consider that the data provided is for a short period, and broader trends or patterns may emerge when analyzing data spanning a longer period.

Noting any Outliers

From the data provided, there's no stark outlier point that significantly deviates from the general trend of the data. While there are minor fluctuations throughout, the exchange rates tend to stay fairly close to the trendline, indicating relative consistency in the data. The data seems to lie within a narrow range of values, suggesting the absence of any major unexpected incidents affecting exchange rates during this period.

Disclaimer

Please note that this analysis provides a broad explanation of the trend and any noticeable discrepancies. It does not specifically discuss factors like market opening/closing hours, weekends/holidays, the release of key financial news, or reports that might cause the fluctuations seen.

Overview

In summary, the exchange rates trend downwards slightly over this period, there weren't any noticeable recurring patterns or outliers identified within this dataset. The lack of significant fluctuations suggests that the period analyzed was relatively stable without major external influences impacting exchange rates.

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

1. Understanding the overall trend of the exchange rates

From the dataset provided, the overall trend in the PHP exchange rate from 03-22-2024 to 04-19-2024 seems to be slightly decreasing. The rate starts at a peak of 0.02414 on 03-22-2024 and ends at a low point of 0.02391 on 04-19-2024. While there are fluctuations in between—most prominently seen in the period from 04-10-2024 to 04-12-2024 where it rises to a maximum of 0.02435—the overall direction points towards a decrease.

2. Identifying any seasonality or recurring patterns in the changes of exchange rates

Analyzing the dataset, however, reveals no apparent seasonality or recurring patterns within this particular timeframe. Instead, the PHP exchange rate appears to experience slight but turbulent shifts rather than adhering to a regular, cyclical pattern. This could be due variables from within the Philippine economy or the global economy as a whole which is not included within the dataset.

3. Noting any outliers, or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality

Anomalies in this dataset include a sudden spike in the PHP exchange rate to 0.02435 on 04-12-2024, which contradicts the overall declining trend. However, given the volatile nature of currency exchange rates, such outliers aren't uncommon and are usually reactionary to global or domestic events.

• The first anomaly occurred on 04-10-2024, where the rate rose to 0.02418, a relatively significant increase compared to its prior data points.
• The second, and most significant, anomaly occurred on 04-12-2024 when the rate peaked at 0.02435 which is the highest point within this dataset.
• Another less significant yet still notable outlier is the final point on 04-19-2024, where the exchange rate fell to the dataset's lowest level at 0.02391.

Please keep in mind that while this analysis provides a descriptive overview of the dataset, it doesn't offer an explanation or prediction towards the reasons behind these trends and anomalies. For a more in-depth insight, a more comprehensive analysis that includes external economic, political, and global health factors would be needed.

Summary of Yesterday

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

Statistical Measures

• Mean:
• Standard Deviation:

Trend

Data Analysis

The data provided contains timestamps and the corresponding PHP exchange rates for different times. This data will be analyzed with a focus on understanding the exchange rate trend and identifying any recurring patterns or outliers in the changes of the rates.

1. Trend Analysis

The overall trend of PHP exchange rates in the dataset provided indicates a gradual fluctuation with moderate volatility. The exchange rate starts around 0.02423 and it ends around 0.02391. It can be observed that the rate has experienced a slight decrease over time, indicating a downward trend.

2. Seasonality and Recurring Patterns

From the dataset provided, it does not appear to show distinct seasonality or recurring patterns. Due to the high frequency of data recording (hourly), the data expresses an almost consistent fluctuation over short term intervals.

3. Outlier Analysis

The dataset provided does not seem to exhibit any major outliers. There are no observed instances where the exchange rate differs significantly from the trend. This is likely due to the relatively stable nature of the PHP exchange rate during the time frame analyzed.

Please note that the above inferences are drawn purely on the basis of the numerical values provided in the dataset and does not account for the potential impacts of a myriad of possible external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports which might cause significant variations in the exchange rates.

It's important to remember that this comprehensive analysis does not intend to generate any forecast for future rates but only aims to understand the historical trend, pattern, and outliers based on given data.

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. Overall Trend of the Exchange Rates

During the period of monitoring from 2024-04-19 00:00:02 to 2024-04-19 14:55:01, the overall trend of the PHP exchange rate has witnessed relatively minor fluctuations, showing stability in the currency's performance. However, it is worth noting a slight general decrease in the exchange rate, as observed from the 0.02394 rate at the beginning to 0.02392 towards the end of this period.

2. Seasonality or Recurring Patterns

With respect to the data provided, there isn't a strong seasonal pattern in the exchange rates observed. However, there does appear to be a pattern of continuous stability interrupted by minor fluctuations. It is important to note, however, that this observation may vary with a larger dataset or over a longer timeframe.

3. Outliers in Exchange Rates

There are no prominent outliers in the given dataset. The PHP exchange rates during the monitoring period remain fairly consistent, with values mainly ranging between 0.02385 and 0.02394. However, the minor dip to 0.02385 at the timestamp of 2024-04-19 02:50:02 could be considered a minor outlier, given that it falls below the common range observed.

Note: This analysis is strictly based on the dataset provided and doesn't account for external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Further analysis would be required to expound on the impact of these factors on the PHP exchange rates.