Unstable Fluctuation in AZN Exchange Rates Observed in Recent Development
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2024-05-14
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis of the Overall Trend in Exchange Rates
The data presented indicates a general stability in the exchange rate over the course of the period observed. Majority of the rates fall around the range of 0.800 and 0.830. There is no prominent or consistent pattern of increase or decrease in the rates observed over this period, reaffirming the stability of the said exchange rate. However, there are brief instances of sharp rises, such as the rate of 0.83485 and the low point of 0.78691. These are sporadic occurrences that do not represent the overall trend.
Identification of Seasonality or Recurring Patterns
Given the frequency of data reporting every 5 minutes in this time-series data, there is not sufficient evidence of seasonality or recurring patterns in this dataset. While there are fluctuations, they do not seem to be systematically occurring at a specific time repeatedly enough to infer any meaningful seasonal pattern or trend.
Observations on Outliers
The data contains a few significant outliers where the exchange rate diverges significantly from the average range (0.800 - 0.830). These include two high points of 0.83485 and 0.83243 as well as the low point of 0.78691. The occurrences of these outliers are sporadic and do not seem to follow a clear pattern in relation to the timestamp. These need to be further investigated to ensure they are not erroneous data points and if they represent true fluctuations in the exchange rates due to unforeseen circumstances.
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