2024-03-12 Cayman Islands Dollar 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
General Trend Analysis
The general observation from this time-series data is that there's a slight volatility in the exchange rate, however, the changes do not seem drastic. Ranging from 1.64098 to 1.64834, the KYD exchange rates have shown some slight peaks and troughs. It's discernible that the biggest downward shift (from 1.64565 to 1.64221) happened between 08:05:03 to 09:05:02, while the largest upward shift (from 1.64106 to 1.64747) occurred between 20:00:03 to 20:05:02. Overall, the changes in value demonstrate moderate fluctuation.
Seasonality or Recurring Patterns
With the given data, it's quite challenging to decisively pinpoint recurring patterns or seasonality since the information covers a single day only. For a robust seasonality analysis, access to longer-term data might be required. However, within this single day, there doesn't seem to be a clear seasonal pattern or repetition that could be noted.
Outliers Identification
In analyzing outliers within the data provided, the most substantial observation includes the major downward readjustment at 09:05:02 and an upward correction at 20:05:02, which both coincide with the opening and closing of common business hours. These could potentially be seen as outliers if these shifts are not a common occurrence.
Please note that this analysis is done on a high-level basis and might require further in-depth statistical exploration for a comprehensive understanding of the data.
