2024-05-10 Colombian Peso News
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2024-05-09
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
From the given data, it can be observed that the COP exchange rate remained constant at 0.00035 over the entire period. Therefore, if we were to plot a line graph for this data, it would be a flat line indicating no changes over time. This can be interpreted as the COP exchange rate being stable, with no general increase or decrease observed in this data.
Seasonality or Recurring Patterns
Since the exchange rate is constant throughout the period at the same value of 0.00035, this shows there are no recurring patterns or seasonality trends in the data. In a time series dataset where the values change, seasonality or recurring patterns would be represented by regular and predictable changes that occur every fixed period (e.g., every hour, every day, every week). However, with the constant value, no such patterns can be found in this dataset.
Outlier Detection
Outliers in a dataset are defined as figures that lie outside the overall pattern of a distribution. Given the COP exchange rate of 0.00035 is steady throughout the period without any fluctuations, we cannot identify any outliers in this case. If there had been a major rise or fall in the rates at any distinct timestamp, then it could have been flagged as an outlier. But as per the data provided, no such instances were found.
Please note that this analysis is solely based on the data and instructions provided and does not consider external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Future forecasts have also not been generated as per the instruction.
![Steady COP Exchange Rates Show Unwavering Market Stability](http://currencymart.net/images/news/colombian-peso/2024-05-10/img-HTzzJw6uDXFMjKP6FfWzjkvd.webp)