2024-04-16 Balboa News
2024-04-15
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
Overall Trend Analysis
The overall trend of the exchange rate seems to show constant fluctuations without a distinct general increase or decrease over the period of time shown. There are periods where the rate increases, and others where it decreases, and the changes are generally minor and fluctuating, without a clear upward or downward pattern identified.
Seasonality / Recurring Patterns
As this data is for a single day, it is difficult to determine seasonality or recurring patterns as that would typically require data over a longer period i.e. weeks, months, or even years. Within the given day, there is a fluctuating pattern and some short-term repetitiveness can be observed, however, these fluctuations can be due to the variability inherent in financial markets rather than an identifiable recurring pattern.
Outliers
From the data provided, it is hard to identify any significant outliers as the changes in exchange rate are generally small and do not show significant unexpected spikes or dips. Any larger than typical changes seem to be due to normal market volatility and do not appear as outliers in the context of the data provided.
Limits of this analysis
This analysis is based only on the data available and does not consider any external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. As such, certain patterns or significant changes in exchange rates may not have been identified. Furthermore, this analysis does not provide any forecast for future rates as this was not required.
