Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Overall Trend of Exchange Rates
Upon the initial inspection of the data, the general trend of the Singapore dollar (SGD) exchange rate appears to increase over time. The starting point of the data reveals an exchange rate of around 1.007, which then rises to approximately 1.0093 by the end of the timeframe. However, it's crucial to highlight that the movement is not a steady or consistent upward trend. The trajectory seems to spiral with various peaks and valleys, indicating periods of both rising and falling rates throughout the dataset timeline.
Seasonality or Recurring Patterns
Exchange rate time series data often reveal seasonality trends, where patterns recur over a specified period, such as hours in a day or days in a week. In this case, there isn't any obvious seasonal trend detectable from the data. The data spans across a single day, which is not sufficient enough to identify daily, let alone weekly or monthly seasonality trends. Therefore, it would be challenging to make a definite statement regarding the presence or absence of seasonality in these exchange rates without performing more advanced statistical tests.
An outlier in this context would be an exchange rate that deviates significantly from the rates within the same ballpark. From the given data, there aren't outwardly evident outliers. However, around the 08:45 timestamp, there’s a slight dip to approximately 1.0078, which could be seen as a slight deviation given the general upward trend of the data. Post this point, there’s a small bump in the rate around the 13:20 timestamp, peaking at around 1.0085, which then goes back down. But it's important to note, none of these deviations are extreme enough to be classified as clear outliers. They are minor fluctuations that are expected in a financial data series like this.
Given the above analysis, it appears the SGD exchange rates have shown a slight increase over the length of the dataset within a reasonably tight range. Overall, the exchange rates are relatively stable, with no apparent significant outliers or seasonal trends within this particular day. More comprehensive and sophisticated analysis methods might reveal more nuanced insights, especially when more extensive data, including more days and various market events, are taken into account.