AWG Exchange Rates Experience Intriguing Volatility in 24hour Trading Period
2024-03-11
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
The provided dataset records exchange rates at precise intervals starting from '2024-03-11 00:00:02' to '2024-03-11 23:55:02'. Upon analysis, the data indicates that the exchange rate sees slight fluctuation but generally remains in the same range of approximately 0.748 to 0.750 over the day. The highest rate noted is 0.75036 at '2024-03-11 09:10:02' after which it starts to decline again. The certainty of the trend would depend on the wider context and would need to be observed on a broader timeline to make an authoritative statement regarding a trend.
Seasonality Analysis
Given that the dataset only covers a short 24 hour period, it is difficult to make significant statements regarding seasonality. However, It seems that there are mild oscillations in the rates as they rose from the start of the day, peaked in the afternoon, and then started to descend again. There may be a daily pattern but more data is necessary for making conclusive observations.
Outliers
Considering the general fluctuation of the data, there do not appear to be any outliers. The range of values throughout the day seem to maintain within a narrow band, and no drastic spikes or drops are observable in this 24-hour period. It's important to consider though, that the presence or absence of outliers must be interpreted in terms of a wider context and may change with a longer duration of analysis
Note
The analysis was strictly conducted based on the given exchange rate data, no external factors such as market opening/closing hours, weekends/holidays, or release of key financial news and reports were taken into consideration.