2024-04-29 Balboa News
2024-04-28
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Trend Analysis
Overall, the exchange rate appears to experience a moderate level of volatility over the period shown, with values fluctuating between approximately 1.348 and 1.380. Over the entire period, there is a very slight upward trend in the exchange rate, indicating that it is slowly increasing over time. This is highlighted by the higher peak values occurring later in the dataset. However, the changes are quite subtle, and the rate at the end of the time period is not significantly higher than at the start.
Seasonality and recurring patterns
Regarding the seasonality or recurring patterns, one potential pattern visible in the data is a certain level of volatility within a day. The exchange rate often fluctuates up and down multiple times within the same day. Interestingly, it's common to see a significant fluctuation between consecutive highs and lows. The rate often cycles through periods of roughly steady rates and periods of increased volatility.
Outliers
While analyzing the data, it was noticed that there are several points where the exchange rate spikes or plummets dramatically between two data points. These sharp changes could be seen as outliers, but given the volatility inherent to exchange rates, they might just be a part of the normal variation. Examples of these fluctuations include the jump in value at 2024-04-10 08:00:03, the falloff at 2024-04-04 08:00:03, and the spike at 2024-04-16 08:00:02.
Please note that interpretation of outliers in this context is quite subjective, and without further information about what constitutes a 'normal' fluctuation for this particular exchange rate, it's difficult to definitively classify these points as outliers.