Unwavering Stability COP Exchange Rate Maintains Consistency
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
Financial Analysis of COP Exchange Rates
The data provided represents the exchange rate for the COP currency over multiple timestamps. Based upon the data provided, we will proceed with a detailed analysis.
Overall Trend Analysis
Looking into the data that has been provided, it can be clearly identified that there hasn't been any discernible change in the exchange rates. For every given timestamp available, the COP exchange rate has remained constant at a rate of 0.00035. Therefore, we can deduce that throughout this period, the rates have remained stable without any increases or decreases.
Seasonality or Recurring Pattern Analysis
Pertaining to the data set given, there are no visible seasonality patterns or repetitive changing trends in the exchange rates. The absence of any variations in the exchange rate disallows the identification of seasonal effects or any recurring patterns. This consistent rate suggests that during the period in question, the market for this particular currency was quite stable.
Outliers Analysis
Given the exchange rate for the COP currency remains at 0.00035 at every timestamp, there are no outliers in the data provided. In reality, an outlier would be an instance where the exchange rate drastically increases or decreases compared to the general trend. Considering our dataset, no such instances occur. Therefore, there are notably no outliers in the data.
Concluding Remarks
As per the analysis conducted on the presented dataset, it can be noted that the exchange rate for the COP has remained flat over the period. It possesses no variability, seasonal tendencies, recurring patterns, or outliers. This dataset presents a unique case of perfect stability in the exchange rate over time.