Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Understanding the Overall Trend
Upon evaluating the dataset, the TND exchange rates show a small, but generally consistent upward trend over the period captured in the dataset. The exchange rate begins at a value of 0.43427 and ends at 0.43503. Although the change in exchange rate is minute, interpreted at a larger scale, it may pose significant impacts.
Seasonality and Recurring Patterns
A cursory analysis may not explicitly reveal seasonality or recurring patterns as distinct periods of increases or decreases within a constant interval. However, the exchange rate appears to be more volatile during certain time periods, exhibiting both short-term increases and decreases. To attain a more accurate analysis, a more sophisticated time-series analysis that includes techniques such as autocorrelation and Fourier analysis could be employed to identify hidden periodic patterns.
Outliers of Exchange Rates
Given the provided data, there appear to be no significant outliers or instances where the exchange rate differs significantly from the predominant pattern or trends. The fluctuations observed, while consistent, do not seem to exceed an expected range according to basic statistical measures. Key outliers would be instances in which the exchange rate drastically increases or decreases beyond this typical range, and these do not seem to be present in the provided data.
Please note that for a comprehensive understanding and analysis of financial data, factors such as market dynamics, economical events or precise time series models should be incorporated. Furthermore, the application of financial analytics tools would provide a more robust mechanism for identifying trends, patterns, and outliers.
The report provided is based on elementary interpretation and should be utilized as a general overview rather than an in-depth analysis.