2024-04-26 Bahraini Dinar News
2024-04-25
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
The dataset consists of time-series data, with the timestamp and the corresponding BHD exchange rate. Here's a comprehensive analysis based on the available information:Overall Trend of the Exchange Rates
From an overall perspective, the exchange rate experiences minor fluctuations throughout the day. The initial value is 3.63172, and it shows a slight decrease, reaching its lowest value of 3.62192 by the end of the day. The fluctuations are generally mild, indicating a somewhat steady market condition for this particular day. However, to confirm a solid trend, it would be beneficial to have more extended data available for analysis.
Seasonality or Recurring patterns
From the dataset, no significant recurring patterns, such as daily or hourly seasonality, are observed within the scope of this single day's data. The exchange rate changes slightly but consistently throughout different periods of the day, and there is no visible recurring pattern or seasonality. A longer timeframe might exhibit weekly or monthly patterns.
Identification of Outliers
Analysis of the provided dataset does not indicate the presence of any outliers, or instances where the exchange rate changes significantly from the usual trend of adjustments. Most changes in the rate are small, implying a lower degree of volatility for this particular day. However, a broader dataset, extending across multiple market conditions, may present a more definitive view of possible outliers.
In conclusion, while there are minor fluctuations in the BHD exchange rate over this day, the overall trend slightly decreases. Importantly, this analysis is based solely on the provided data for a specific day, and a more comprehensive analysis would require a dataset encompassing a wider timeframe.