2024-05-01 Aruban Florin News
2024-04-30
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Below is a comprehensive analysis of the AWG exchange rate dataset from April 30, 2024. EXTERNAL FACTORS ARE NOT CONSIDERED.
1. Overall Trend of the Exchange Rates:
The AWG data shows an overall increase trend in its value. Starting from an exchange rate of approximately 0.76008 at the beginning of the day, the rate reaches 0.765 by the end of the day. There are however periods of fluctuation, but these are normal expectations in financial market data. The data presents a rising trend from the morning hours to the approximately late afternoon, and then stabilizes with minor fluctuations towards the end of the day.
2. Seasonality and Recurring Patterns:
Looking at the data, there are a few instances of recurring patterns. For example, there seems to appear a general growth in the exchange rate from early hours to the midday, after which the rates appear to stabilise or decrease slightly. Furthermore, smaller cyclical fluctuations can be observed which could be attributed to intra-day trading patterns. To confirm these observations, additional data (preferably a period longer than a day) would be required. This discrepancy is due to the limitations of seasonality detection in a single day's data.
3. Outliers in the Data:
Notable outliers are generally hard to determine in financial times series data such as this, particularly without contextual information or considering threshold values for the raise/fall of the rates. However, with respect to this given single day, there is a clear instance of an unexpected value around 07:40:02, where the value spikes to 0.76236 from 0.75978, that is a fairly significant jump. It might be close to market opening and can be attributed to market volatility. However, without additional context, it's difficult to definitively label this point as an outlier.