2024-05-01 Balboa News
2024-04-30
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Understanding the Overall Trend of the Exchange Rates
Over the entire period presented, there has been an increase in exchange rates (PAB). Starting with a rate of around 1.36792, the data ends with a rate of about 1.36879. This indicates a general upward trend, though there are many fluctuations throughout the period.
2. Seasonality or Recurring Patterns
There appears to be a cyclic pattern that occurs within smaller time frames. It resembles a "sawtooth" pattern with regular crests and troughs through each day. This could be indicating that the time of day has a significant impact on the rates. However, it needs further analysis to quantify these variations and validate the existence of a truly regular pattern.
3. Outliers
At the first glance, there seem to be a few possible outliers, such as the rate at timestamp '2024-04-30 07:40:02' with a rate of 1.37172, which differs considerably from adjacent time frames. However, given the high frequency of data, occasional significant movements may not necessarily be outliers, but rather representations of high volatility that can occur in exchange rate markets. Further analysis can confirm these claims.
Remember that financial market data can be affected by various external factors and events, such as changes in economic sentiment, unexpected political events, and central bank decisions. This analysis is solely based on the patterns observed in the data.
