2024-03-12 Azerbaijanian Manat News
2024-04-23
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Understanding the overall trend of the exchange rates
Upon examining the given dataset, there doesn't appear to be a constant increase or decline in the trend. The rate fluctuates around the value of 0.805 and doesn't differ significantly from this figure throughout the given timestamps. There are certain moments of upward and downward movement, but they tend to balance each other out over time, resulting in a relatively stable trend.
2. Identifying any seasonality or recurring patterns in the changes of exchange rates
In terms of seasonality or recurring patterns, the dataset does not exhibit clear periodic fluctuations that would signify seasonal influences or cyclical patterns, such as daily or hourly patterns. Any notable upward or downward shifts do not seem to follow a consistent temporal pattern and therefore may be more likely attributed to random variation than to a stable, predictable cycle.
3. Identifying Outliers
There is a noticeable outlier at the timestamp "2024-04-23 05:45:02" where the exchange rate drops to 0.79032, which significantly deviates from the broadly stable trend around 0.805. Another similar outlier is at "2024-04-23 05:50:02" where the value is 0.78964. Yet, in both cases, the rates return to normal levels fairly quickly, suggesting these could be random outliers rather than indicative of a broad trend.
As per your instructions, this analysis is merely an immediate examination of the provided data and does not take into account broader market trends, hours, or events like news or financial reports. Consequently, it's advised to regard these findings as preliminary and to further substantiate these with more comprehensive and detailed analyses.