2024-03-12 Bulgarian Lev 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
1. Understanding the Overall Trend
From the data provided, there seems to be a general upward trend in the exchange rates. This is deduced from the initial starting point of 0.74635 at the beginning of the period, and reaching and ending at 0.74814. However, the range in which the rates fluctuate is not drastic and remains within a small band. The highest recorded rate within this data set is 0.74868 and the lowest is 0.74546.
2. Identifying Seasonality or Recurring Patterns
This dataset doesn't immediately show strong recurring patterns or seasonality at the given intervals. Given that the time interval provided is quite narrow (5 minute intervals), it would be difficult to determine daily, weekly, or monthly patterns in this dataset as it covers less than one full day. A longer period of analysis might be needed to identify potential seasonal cycles or trends in the data. However, there seems to be a slight increase in exchange rates during specific times, like around 04:00 AM and decrease around 19:20.
3. Noting any Outliers
Identifying outliers or unexpected fluctuations in this time-series data requires understanding of typical variations in the exchange rates. In this data set, changes in the rates are relatively small, typically within +/- 0.002 range. This suggests that the BGN exchange rate is reasonably stable within this specific period. Hence, any sudden shift greater than this range could be seen as an outlier. In this dataset, we don't see such drastic shifts. All rate changes remain within this tight band suggesting no presence of significant outliers.
Please note that this analysis is quite simplistic and is based only on the trends detected within the provided data - deeper, more comprehensive analysis could provide further insights.