2024-04-22 Argentine Peso News
2024-04-21
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
Upon analysis, the overall trend in the ARS exchange rate over the given dataset appears to remain relatively stable. This conclusion is based on the fact that the value deviates mainly between 0.00158 and 0.00159. Although slight fluctuations occur between these two values throughout the dataset, a major increase or decrease trend is not apparent. These fluctuations can, however, be considered normal in a financial dataset as market changes often cause exchange rates to oscillate slightly.
Seasonality and Recurring Pattern Analysis
No clear seasonality or recurring patterns can be identified in this dataset. The data exhibits a steadiness with minor fluctuations between the upper and lower bounds of 0.00158 and 0.00159 respectively but does not indicate any consistent cycles. Patterns of such nature could suggest regular significant market influences, but in this case, further trend-based or statistical analysis would be required to identify any potential cyclic pattern.
Outlier Identification
The dataset provided does not contain any apparent outliers. Most of the exchange rates fall within a narrow range and there is no significant deviance observed that could be classified as an outlier. It means that there are no extreme fluctuations in the data, implying relatively stable market conditions for the ARS exchange rate during this period.
Please note that this analysis is based purely on the numerical data provided and did not take into account any potential external factors influencing the market. For a more comprehensive analysis, other factors such as market opening/closing times, weekends/holidays, and the release of key financial news and reports would ideally be considered.
This analysis is also only retrospective and no forward-looking analysis or forecast has been made.