2024-05-06 Comoro Franc News
2024-05-05
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Trend Analysis
From first glance at the data, the exchange rate tends to fluctuate minimally, staying within the range of 0.00296 to 0.00303. There is no clear upward or downward trend in the long term. Short term fluctuations could be due to numerous factors but given the requirement to avoid considering external events or markets, they were not analyzed. Instead, the focus is solely on the provided data trend.
2. Seasonality Identification
No clear sign of seasonality appears to be evident from the data available. The exchange rate exhibits small, but not necessarily regular, fluctuations within the tight range mentioned before. Monthly or weekly patterns might be identifiable with a broader dataset spanning over several years, but with the limited time scope provided here, no concrete seasonal trends are discernible.
3. Outliers Analysis
Notably, no significant outliers are seen in the data. Given the scale of the data (ranging from 0.00296 to 0.00303), instances where the exchange rate significantly deviates from the norm or the established trend are not evident. The rates provided fluctuate within a relatively steady scope and are not characterized by any abnormal spikes or drops.
In conclusion, the provided dataset doesn't seem to exhibit significant changes in exchange rates over the time period specified. The data points are relatively stable and fluctuate within a small range. No clear upward or downward trend is evident, and seasonal trends could not be identified within the limited information provided. There are no significant outliers in the data, with the exchange rate staying within the expected bounds. Comprehensive analysis of this dataset indicates a relatively stable exchange rate over a limited period.