2024-04-24 Brazilian Real News
2024-04-23
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the overall trend
From the given dataset, it appears that the exchange rates tend to fluctuate within a small range, with values ranging from approximately 0.264 to 0.267. The maximum value observed was 0.267, while the minimum observed value was 0.264. It is necessary to note that there are periods of stability in the exchange rate, followed by periods of minor volatility. A constantly up or down trend does not seem to be visible.
Identifying seasonality and recurring patterns
On the basis of the data presented, it is challenging to identify any clear seasonality or recurring patterns. The data provided spans a single day, and thus may not be sufficient to establish or observe seasonality trends. For seasonality or recurring patterns to be discerned, data spanning several weeks, months, or even years may be required, with repeated patterns occurring over time. These longer sequences facilitate the discovery of patterns that aren't immediately evident in the short term.
Noting outliers
A closer look at the data did not reveal any significant outliers. That is, there were no instances where the exchange rate varied significantly from what was usually observed. For most of the timestamps, the value largely remained within the 0.264 to 0.267 range. However, a more rigorous statistical analysis might reveal minor outliers that are not immediately visible from the raw data.
