2024-04-26 Brunei Dollar News
2024-04-25
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Introduction
The dataset provided contains a time series data of the BND exchange rate, where each data point represents the exchange rate at a specific time. The data is captured from the timestamp at 2024-04-25 00:00:02 till the timestamp 2024-04-25 23:55:02. This analysis aims to understand the trend, seasonality, and any potential outliers in the dataset without considering any external influence such as market hours, weekends or holidays, or key financial news or reports.
Overall Trend
The overall trend of the exchange rate data provided does not appear to be steadily increasing or decreasing but instead has periods of increase and decrease throughout the day. The exchange rate started with a value of 1.00736 at 12:00 AM and ended with a value of 1.00463 at 11:55 PM which means there's a slight decrease over the day.
Seasonality or Recurring Patterns
Given the nature of financial time series data, it's hard to establish a clear pattern within a single day of data as supplied in this case. Typically, one would look for patterns over a much more extended period, like weeks or months, for any potential cyclical or recurring patterns. More data would be required to make a conclusive statement about the seasonality or recurring patterns of the exchange rate.
Outliers
There seems to be a sudden increase in the exchange rate at 7:30:04 with a value of 1.00808 and the highest value of the day observed at 9:10:02 with 1.00997. This sudden increase and subsequent decreases appear to be unusual compared to the surrounding data points and can possibly be considered as outliers if we don't account for any external factors. More sophisticated statistical methods might be required for a robust outlier detection.