2024-04-23 Balboa News
2024-04-22
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 of Exchange Rates
Observing the dataset provided, the overall trend of the exchange rates shows noticeable fluctuations. The initial rate is 1.37368 and it appears to progressively decline mostly, with a few rises and falls, till it reaches an approximate point of 1.36796. Subsequent to this point, there is an upward trend till it hits a point of 1.37456. Post this, the data shows a generalized downward trend hitting a trough of around 1.36811. In the end, the rates rise again to reach 1.37085.
Seasonality or Recurring Patterns
Upon review, the dataset does not depict a clear seasonality or reoccurring pattern. The exchange rates appear to fluctuate in both positive and negative directions. Generally, a rise seems to follow a sharp drop and this pattern could be suggestive of some form of cyclical trend. However, a deeper analytical approach would be required to confirm this observation and determine the exact cycle period, if any.
Outliers
Based on a visual glance at the dataset, there are no glaring outliers where the exchange rate differs significantly from its surrounding data points. This indicates that most changes in the exchange rates were gradual and didn't involve any abrupt leaps or falls that could be considered outliers. However, a detailed statistical analysis would be required to definitively identify and confirm any outliers in the data.