2024-04-29 Convertible Mark News
2024-04-28
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
Upon analyzing the data, the following observations can be made:
1. Overall Trend of the Exchange Rates
From the data beginning on 29th March 2024 to 26th April 2024, the BAM exchange rate seems to have shown a gradual increase. It started at the value of 0.74671 on the 29th of March and has risen to 0.74947 by the 26th of April. This sets a an upward trend over the period shown, though it's important to remember that these are small changes and may not necessarily indicate substantial economic shifts.
2. Seasonality or Recurring Patterns
The dataset does not cover a broad enough time period to identify any clear seasonality or long-term recurring patterns. It appears the data fluctuates incrementally on a day-to-day basis, but without data across multiple years or in relation to specific seasons, a definitive statement on seasonality can't be made.
3. Outliers in the Exchange Rates
A noticeable outlier in the dataset can be observed on the 10th of April 2024, where there's a significant rise in the exchange rate from 0.75274 at 06:00 to 0.75774 at 08:00, and then it continues to rise till 0.7602 at 14:00. After this surge, the exchange rate falls back to 0.75152 at 22:00. This is quite significant compared to the otherwise incremental fluctuations throughout the rest of the dataset.