Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Analysis of the Exchange Rate Data
The given data represents exchange rates (specifically, the SOS exchange rate) at different timestamps. The entire dataset covers a span from 02:37am on February 28, 2024, to 11:55pm on the same day, and although there is some degree of minute-to-minute fluctuation, the overall trend and notable features are valuable for analysis.
The exchange rate starts at 0.00237 at 02:37am, and for most part of the morning until early afternoon it remains constant. At 02:50pm, the rate sees a slight increase to 0.00238. The rate remains at 0.00238 for the majority of the afternoon and early evening, before dipping back to 0.00237 after 09:05pm. It then fluctuates between 0.00237 and 0.00238 until the end of the day. This data suggests that the exchange rate throughout February 28, 2024, was relatively stable, with minor fluctuations between 0.00237 and 0.00238. The exact trend and frequency of these fluctuations could provide more information about potential regular patterns in the data.
Seasonality or Recurring Patterns
The day seems to have a consistent pattern – a steady exchange rate in the morning, a slight increase in the afternoon, a steady high rate for the early portion of the evening, and then a return to the original rate by late night. This suggests a daily cycle in the exchange rate, though further analysis would be needed to confirm this, particularly with data sets from multiple days. Particularly, the timing of the rate increase to 0.00238 around 02:50pm and subsequent decrease to 0.00237 around 09:05pm each day could indicate specific market behaviors tied to these times.
Despite the slight fluctuations between 0.00237 and 0.00238, the fact that the rate did not stray from these two figures throughout the day's data suggests there are no major outliers in the set. We don't see any drastic dips or spikes in the rates. This is indicative of a relatively stable day for this particular exchange rate, without unexpected disturbances affecting the rate.
This analysis gives an overview of the exchange rate behavior on February 28, 2024. The rate appears to be quite stable overall, with a slight daily cycle apparent in the data. This provides a good foundation for predicting the rate's behavior, although more data would be needed to confirm trends and patterns.