Pula Forecast

Not for Invesment, Informational Purposes Only

Summary of Yesterday

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

Statistical Measures

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  • Standard Deviation:

Trend

1. Understanding the overall trend of the exchange rates

The exchange rates provided fluctuates across the dataset. However, what is noticeable in the data is that there seems to be a very slight downward trend from the start of the day until around the sixth hour. After the sixth hour, there is a noticeable rise in the exchange rate, which peaks at the eighth hour of the day. Following this, there is a gradual decline in the rate towards the end of the day.

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

Upon a closer look at this time series data, a degree of seasonality can be detected. We see a consistent pattern where exchange rates gradually decrease during the first few hours of the day, then rapidly increase around the morning hours (6th to 8th hour), and then decrease again towards the end of the day. This seasonality seems consistent and could be reflective of typical market behaviors.

3. Noting any outliers

Within the provided dataset, there are several instances where the exchange rate differs significantly from the general trend. For example, at the 6th hour and 25th minute, the rate suddenly increases, distinctly separating itself from the gradual decline of the prior hours. This sudden increase is an outlier as it strays considerably from the overall trend.

A noted downtick around the 14th and 18th hour also sticks out as abnormal for the general trend of the data, which at those times gradually decrease. At these points, these could be considered as outliers as well.

Lastly, the exchange rate increase at the end of the 21st hour and begins to decrease again at around the 22nd hour, this fluctuation can be considered an outlier as the pattern does not fit the observed downward trend during these hours.

However, it's critical to note that these outliers don't necessarily represent errors or anomalies, but they may reflect dramatic market activities requiring further investigation.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Overall Trend in Exchange Rates

After a thorough examination of the historical time-series data, it appears that the BWP exchange rate has been generally stable within the timeframe provided. There has been a slight fluctuation in the exchange rate over time but it does not display a significant increasing or decreasing trend.

Seasonality or Recurring Patterns in Exchange Rates

Based on the data given, it's difficult to identify any significant seasonality or recurring patterns. Exchange rates can be subject to various fluctuations caused by real-world events outside the scope of this data set such as government policies, economic indicators, and geopolitical events. However, within this data set, there doesn't appear to be any substantial evidence of seasonality or recurring patterns.

Notable Outliers in the Data

Several potential outliers can be noted in the dataset where the value of the exchange rate deviates slightly from the average. However, these variations in the values do not seem to be significant when considered in an economic or financial context as they represent normal fluctuations in a dynamic foreign exchange market.

To sum it up, within the structure and limitations of this dataset, it seems that the BWP exchange rate has remained relatively stable over the specified timeline, with no strong overarching upwards or downwards trend. Similarly, while minor deviations from the average can be found, these are not significant and do not represent true outliers in a practical financial context. However, it's essential to bear in mind that while this simple analysis has identified some distinctive characteristics of this data set, exchange rates are influenced by a host of other factors not recorded in this 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

Understanding the Overall Trend

Based on the given data, the BWP exchange rate shows a volatile but generally stable condition. This means that while there are fluctuations within the dataset, the numbers do not stray far from a central range, which hovers around 0.098. The highest value appears to be roughly 0.09908, while the lowest reaches around 0.09846. The data does not seem to exhibit a clear trend of consistent increase or decrease across the time frame.

Identifying Seasonality or Recurring Patterns

Given the granularity of the data which is received every 5 minutes, detecting seasonality or recurring patterns is challenging; especially with no context regarding whether these represent trading hours or off-hours, weekdays, or weekends. However, some stability can be observed within certain intervals. This is being noted without detailed statistical testing, which would generally be required to definitively say if there are any patterns or seasonality.

Noting Any Outliers

Outliers in this analysis are those values that deviate significantly from the overall trend. Considering the stability of the overall range of the BWP exchange rate throughout the data period provided, major outliers are not particularly evident. That being said, minor fluctuations could technically be considered outliers within this very tight range. Some of the highest values such as 0.09908 or the lowest like 0.09846 may be noteworthy. However, these do not represent drastic departures from the majority of data.

Please note that this analysis is preliminary and purely based on the numeric trend that the dataset gives. A more detailed analysis would require a more comprehensive dataset and potentially additional information, like trading volume, for more precision.

Summary of Last Month

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Statistical Measures

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Trend

Understanding the Overall Trend of the Exchange Rates

After a careful inspection of the time series data provided, it can be observed that the exchange rate (BWP) exhibits minor volatility and tends to remain relatively stable within the range of 0.0987 to 0.0992 over the designated period. There are minor fluctuations in the rate throughout the day; however, these changes are quite nominal and do not point to a distinct upward or downward trend. It's worth noting that the exchange rate does show very slight overall growth from the start to the end of the date, but this growth is minimal and may not be economically significant.

Seasonality or Recurring Patterns

From the dataset, it is not evident that there is any significant seasonality or recurring pattern. The exchange rate data does not show consistent periodic fluctuations that might suggest a seasonal pattern. Exchange rate values appear to be subjected more to irregular random noise rather than to a seasonal effect. However, to fully confirm this observation, one would need to conduct statistical tests or use more advanced time-series algorithms.

Identifying Outliers

In identifying outliers within the data, we observe a few moments where the exchange rate deviates slightly from the common range of rates. One such instance is when the exchange rate reaches a relative high of about 0.09918. However, these so-called 'peaks' and 'valleys' are relatively small and short-lived, quickly returning to the common range of rates. There are no drastic spikes or drops in the data that might suggest a significant event influencing the exchange rate.

Despite these observations, it must be stressed that all the conclusions drawn are limited by the short timeframe of data available. To make more accurate and reliable interpretations of trends, patterns, and outliers in the exchange rate, it would be necessary to consider a much longer timespan of data.

The analysis does not consider possible external factors affecting exchange rates such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports, as per your instruction.

Summary of Last Week

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Statistical Measures

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Trend

Data analysis for BWP Exchange Rates

The given dataset is a time-series bearing the values of the BWP exchange rate at different timestamps. The following analysis presents a step-by-step delineation of patterns, trends, and outlier in the data set.

Overall Trend Analysis

The BWP exchange rate in our dataset is seen to oscillate between 0.09821 and 0.10088. However, making a definitive general statement about the overall trend would require more specific statistical analysis such as calculating averages, looking at standard deviations, or implementing more complex trend detection during different periods. Nonetheless, a visual inspection could be reasonably revealing for the general trend.

Seasonality and Recurring Patterns

Seasonality refers to a recurring pattern within a fixed period. In the case of exchange rates, this could be influenced by various factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. However, given the limited span of the data and the request to ignore specific events influencing dominantly on trading days/times or holidays, it is challenging to spot seasonality in such a dataset without proper data visualization tools.

Identification of Outliers

An outlier can be described as an observation that lies an abnormal distance from other values in a random sample from a population. An examination of the dataset does not immediately reveal any obvious outliers. However, the presence of outliers should be confirmed through more thorough statistical analysis like the calculation of z-scores, etc.

In conclusion, although a rudimentary analysis fails to show the presence of an increasing or decreasing trend, more thorough statistical/quantitative analysis methods would definitely provide deeper insights into this 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

Overall Trend of the Exchange Rates

The data provided traces the exchange rates from the 15th to the 19th of April 2024. Initially, we observe a range of 0.1 to 0.10021, which gradually declines over time, reaching a low point of 0.09886 towards the end. This indicates a slight downwards trend in the exchange rates over the period observed.

Seasonality or Recurring Patterns

Despite the overall downwards trend, we see fluctuation within the data. There are moments of minor recovery, where the rate briefly increases before resuming its decline. This pattern suggests that while the overall trend is downwards, there is no strong indication of seasonality or recurring patterns based on these few days.

Notable Outliers

In terms of outliers, there aren't prominent instances where the exchange rate deviates significantly from the general trend. There are relatively small variances around the moving average, without sudden hikes or drops. This indicates that the fluctuation in the exchange rates is relatively stable during this period without major disruptions.

Remember, my analysis is based solely on the provided data and doesn’t take into account possible external influences such as specific economic events, holidays, or the release of financial reports. Therefore, while it provides a general insight into the pattern and behaviour of the exchange rates, it might not fully capture all the complex dynamics at play.

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

At an initial glance, the overall trend of the exchange rates (BWP) appears to be relatively stable throughout the timeframe. The data provided ranges from 0.09941 (at the initial period, i.e. 19th April 2024 00:00:02) to 0.09882 (at the lowest point). Though it fluctuates slightly, this is a relatively small range of variation, indicating a more or less continuous level of stability.

2. Identifying any seasonality or recurring patterns

Given the data at hand which refers to a single day's recording, a determination of seasonality or recurring extensive patterns is challenging. However, within the day, there are periods where the exchange rate shows minor fluctuation which could be investigated further with more data points and variables i.e. a larger timeframe. This particularly can be observed during the period starting from '2024-04-19 06:20:02' with a value of 0.09934 and ending at '2024-04-19 07:15:02' with a value of 0.09910, where a noticeable decrease in the exchange rate occurs. More data, preferably collected over an extended period, would be necessary to perform an in-depth seasonality analysis.

3. Noting any outliers

This dataset seems to adhere quite closely to its overall trend, with only minor fluctuations distinguishable. The exchange rate does differ in some places to a small degree but there is no significant spike or drop that would be classified as an outlier. To be more specific, the value of the exchange rate shows the most noticeable decrease at '2024-04-19 06:25:02' where it drops to 0.09913 from the previous value of 0.09934 at '2024-04-19 06:20:02'. Although this seems notable, the decrease isn't severe enough to be classed as an outlier.

It's important to bear in mind that more in-depth statistical analysis would be needed to accurately determine outliers, especially considering the relative consistency of the exchange rate demonstrated in this dataset.

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