2024-05-14 Azerbaijanian Manat News
2024-05-13
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
1. Understanding the overall trend of the exchange rates
The provided data indicate that the exchange rate tends to fluctuate over time. However, the rates don't follow a consistent upward or downward trend. Rather, they oscillate within a certain range, indicating a degree of volatility in the exchange rates.
2. Identifying seasonality or recurring patterns
While a detailed statistical analysis would be necessary to confirm any seasonality in the exchange rates, the data doesn't show clear signs of recurring patterns at this scale. The fluctuations in the rates seem to have some irregular intervals, suggesting the influence of non-cyclical factors.
3. Outliers in the dataset
Outliers in time-series data are points that significantly deviate from the trend. In this dataset, we observe several instances where there are significant drop and increase in the value from the usual range. For example, sizable drops are observed in the exchange rates around timestamps '2024-05-13 02:35:02' and '2024-05-13 03:25:02'. Such spikes and drops could be due to multiple factors and represent points of potential interest for further analysis.