2024-05-06 Balboa News
2024-05-05
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
Overall Trend
The overall trend of the exchange rates seems to be fluctuating. There is no prominent consistent increase or decrease in the rates. However, it's important to note that there are periods of both upward and downward movement in the rates. From the provided data starting from 1.35453 on 2024-04-05 02:00:02 to 1.36914 on 2024-05-03 12:00:02, there seems to be a general, moderate increase in the rates, but not a significant one. This suggests a potential trend of rates increasing, but the data points are too fluctuating to confirm this pattern.
Seasonality or Recurring Patterns
From the data given, there appear to be no clear seasonal or recurring patterns. The exchange rate data is highly stochastic and doesn't seem to exhibit any distinct seasonality or recurring behavior. More data or advanced time-series methodologies would be required to discern any subtle cyclic or seasonal patterns that might be present.
Outliers
There are several data points that could be considered outliers, or in simple terms, the values that deviate considerably from the overall pattern of the data. These include instances where the market rate swings drastically within a very short period. For instance, the change from 1.3545 at 2024-04-10 06:00:02 to 1.3635 at 2024-04-10 08:00:03. Such changes might indicate a significant event impacting the currency rates. However, without any specific external information associated, it is not possible to provide an explanation for these outliers.
More in-depth analysis or external data may provide some context for these anomalies, but without that additional information, they remain outliers with no clear explanation beyond belonging to the inherent volatility and unpredictability of financial and currency markets.