Philippine Peso 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 Dataset

In this particular dataset, which represents the fluctuations in PHP exchange rates on different timestamps, few trends, patterns, and significant points are noticeable.

1. Understanding the Overall Trend

Looking at the data, it appears that the exchange rate of PHP over the period remains relatively stable. The rates hover around the 0.02345 mark, with minimal deviations throughout. There is no clear, high-level trend of a general increase or decrease in the rates overtime. The largest recorded value is 0.02351, while the smallest is 0.02338, both are close to the baseline of approximately 0.02345.

2. Seasonality or Recurring Patterns

Within the given dataset, there are no obvious seasonal or recurring patterns observed. The changes in the exchange rates do not exhibit any cyclical variations that would suggest a predictable pattern that repeats over regular intervals, such as daily or weekly. It should be noted that a more extensive dataset, spanning over a longer time period, might be required to confidently identify any such patterns.

3. Outliers

In the range of values provided, there do not appear to be any significant outliers. The majority of exchange rates lie around the baseline of 0.02345, with slight deviations, and none of the recorded rates differ significantly from this value. This indicates a fairly stable trading period for the PHP during the times covered in the data.

Overall, the PHP exchange rate during this observed period has been mostly stable, without significant rises or drops. This might suggest a period of relative economic stability or the absence of major incidents or changes affecting the PHP. However, for a more comprehensive and conclusive understanding, a larger dataset, further research and more complex statistical analyses are needed.

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

Understanding the Overall Trend

Upon reviewing the provided dataset, it can be inferred that the exchange rate for PHP (Philippine Peso) does not show a strong trend over the time series data provided. The rate starts at 0.02355 & ends slightly lower at 0.02347. The changes in exchange rates indicate slight fluctuations but they are minimal and generally hover around the same average value. Hence, one can say that the exchange rate remained relatively stable over the given period.

Identifying Seasonality or Recurring Patterns

The data does not demonstrate clear seasonal patterns in the exchange rate. Though marginal fluctuations can be observed, they do not appear to follow a consistent pattern. Regular intervals of increase or decrease in values that might indicate hourly, daily, or weekly cycles are not clearly evident. Therefore, it may be concluded that the data does not show any clear seasonality or recurring patterns.

Noting any Outliers

Regarding potential outliers, the data does not present any instances where exchange rates differ significantly from the average value. All variations seem to be incremental and no sudden jumps or falls appear in this timespan, hereby indicating the absence of outliers in this dataset.

Please be reminded that this analysis is strictly based on the provided information and did not account for external market factors, events, or financial news that may impact the exchange rates.

Summary of Last Week

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

1. Overall Trend Analysis

After analyzing the dataset, there are no strong upwards or downwards trends observed in the PHP exchange rate data during the period captured. The exchange rate started around 0.02391 and ended roughly at 0.02359. So, a very slight downward trend could be inferred over this period. However, the changes are mild, and the rate mainly fluctitates around a mean, indicating a stable exchange rate.

2. Seasonality and Recurring Patterns

Without additional periodicity information (like data over years which could exhibit seasonality), discerning a clear seasonal pattern within this dataset is challenging. The data seems to be more random (or white noise) with no clear cyclic behavior. However, more data may be required to identify whether there is a weekly pattern in the PHP exchange rate with weekdays vs. weekends.

3. Identification of Outliers

Outliers in a dataset are extreme values that deviate from other observations. In the provided PHP exchange rate data, no significant outliers were observed. The rates fluctuated between approximately 0.0236 to 0.0240, and all observed exchange rates fell within this fairly narrow range. This indicates that the data is less volatile, and no unusual spikes or drops were detected throughout the given timespan.

Disclaimer:

Please note that foreign exchange rates can be influenced by multiple factors, including inflation rates, interest rates, political instability, and economic performance. Hence, a thorough analysis would typically incorporate these factors. However, as requested, this analysis solely focuses on the given numerical data, and no future forecasts or consideration of external factors have been made.

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 the Exchange Rates

The overall trend of the PHP exchange rate for the observed period appears to be relatively stable, with small fluctuations up and down. It begins at a rate of 0.02367 and ends at 0.02359, showing a marginal decrease overall yet with multiple ups and downs in between. No noticeable drastic increase or decrease is seen throughout the given duration.

Seasonality or Recurring Patterns

Given the dataset, it's difficult to discern any clear seasonality or recurring pattern based on the timestamps and corresponding exchange rates. However, there is a slight periodic pattern of daily variability seen, with the rate dipping during specific hours of the day and marginally rising during others. The currency exchange rate for PHP seems to fluctuate within a narrow band, suggesting that such fluctuations could potentially be interrelated with the daily trading activity.

Outliers in the Exchange Rate Data

In the absence of more detailed information, it's challenging to detect and justify potential outliers within this data. However, there doesn't appear to be any major discrepancies or wide variances within the collected data. The currency exchange rates hover around 0.0236 to 0.0237 across the whole period, and any minor spikes or dips could be attributed to possible market shifts or day-to-day fluctuations

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Additional Findings

Despite the slight decrease in the exchange rate over time, there doesn't seem to be any distinctive long-term trend. Since the analysis is constrained to not considering external factors such as market opening/closing hours, weekends/holidays, or the release of financial news, the apprehension of the data trends is a bit limited. It's crucial to note that any concrete conclusions or financial decisions should be based on wider contexts and more extensive data 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

1. Understanding the Overall Trend

The exchange rate seems to be in a very tight band during the whole period shown, with a few changes. The rate started at 0.02361, dropped slightly in the first few minutes, and then mostly held steady with very slight increases and decreases. Considering the fluctuations are very minor, it's reasonable to say that the exchange rate was relatively stable during this period.

2. Identifying Seasonality or Recurring Patterns

The data provided does not appear to contain any obvious recurring or seasonal changes in the exchange rate. The rate fluctuates within a minor band, but there is no clear pattern of these fluctuations corresponding with the time of day or any other discernible pattern. It's worth noting that exchange rates can be influenced by a wide range of factors and determining patterns may require a more in-depth study or additional data points.

3. Noting any Outliers

The dataset does not seem to contain any instances of the exchange rate differing significantly from the overall trend. The rate alters slightly, but all changes are minor and well within what would be expected during a day. Therefore, there are no clear outliers in this dataset.

4. Considerations

While this analysis is based purely on the numeric data provided, it's important to remember that exchange rates can be influenced by many external factors, including market opening/closing hours, weekends/holidays, and the release of key financial news and reports. For a more comprehensive analysis, these factors would ideally be taken into account.

Summary

  • The exchange rate remained relatively steady throughout the period analyzed.
  • No discernible seasonal or recurring patterns were identified in this data.
  • No clear outliers were identified in the data.
  • For a more comprehensive analysis, factors such as market timings and key news releases, which were not included in this data, would ideally be considered.
Please note that this is a general trend analysis. For individual investment decisions or an in-depth analysis, please consider a detailed study or get advice from a financial analyst.

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

From an overview of the given time-series data, we observe a gradual downward trend in the exchange rates (PHP) over the entire timestamp provided. While there are minor fluctuations both upwards and downwards, the general trend seems to be a slight depreciation in the value of PHP.

Seasonality or Recurring Patterns

Although the dataset doesn't cover a long enough period to confidently infer any seasonality or recurring patterns, it's worth noting several instances of short-term stabilisation. These periods, where the exchange rate remained nearly constant, may indicate particular times of day or specific settings in which the exchange rate becomes more stable. Further data, particularly when taken over a course of full financial year, might expose more pronounced seasonality or recurring patterns.

Outliers Identification

Given the data, there isn't an apparent appearance of any significant outliers. This indicates that the exchange rate changes over the provided timestamp were generally consistent with the overall trend. There are no instances where the exchange rate differs significantly from what would be expected based on the observed trend.

While the goal of this analysis was to not consider external factors such as market opening/closing hours or the release of key financial news and reports, it's worth mentioning that such factors can significantly affect exchange rates. A more detailed analysis might take such factors into account to provide a more comprehensive view on the movement of the exchange rates.

Note that the inferences drawn above are based on the provided data; forecasting future rates or identifying the cause of the overall trend is outside the scope of this analysis as per the given instructions.

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 the exchange rates

Upon evaluating the dataset, we find that the exchange rate of PHP remains generally stable throughout the given timeframe. The change is quite minimal, ranging from a low of 0.02363 to a high of 0.02376. This tells us that the overall trend is fairly static with very slight fluctuations.

Seasonality or recurring patterns

Given the minimal change in the rate value throughout the dataset, it is difficult to positively identify any seasonality or recurring patterns in the changes of exchange rates. The data provided does not show any significant fluctuation that would suggest a specific cycle or pattern.

Outliers in the Dataset

Upon inspection of the data, there do not appear to be any outliers. The PHP exchange rate mostly fluctuates within a very minor range and no data point appears to significantly deviate from the overall trend. Consequently, each point can be considered normal given the overall uniform behavior of the data.

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