2024-04-30 Convertible Mark News
2024-04-29
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Data Overview
The dataset provided displays the exchange rate over a day-long period on April 29, 2024, with measurements taken roughly every 5 minutes. The foreign exchange data is represented by the BAM exchange rate. Over the period shown, there were 171 data points recorded.
Overall Trend Analysis
Looking at the numerical data, a general pattern suggests that throughout the day, the exchange rate has mostly increased with some declines. It began at around 0.74713, and the last recorded exchange rate is around 0.7496. This represents an increase of 0.00247 or approximately 0.33%, which is a significant movement for a day-long period in the foreign exchange market.
Pattern and Seasonality
The data depicts some seasonality with alternating periods of relative increase and decrease in exchange rates. However, the absence of date labels beyond the specific day makes it challenging to definitively link these patterns with recurring time-bound events such as market opening and closing hours.
Notable Outliers
From the data, the rate occasionally jumps or drops significantly in a short period. Outliers to the general increasing trend in the data suggest brief periods of significant decline. These short-term fluctuations represent instances where the exchange rate differs significantly from the overall trend. Some examples of these outliers include times like 06:10:02, 07:40:03, 09:05:03, 14:05:05, 20:05:03 indicating significant deviation from the observed trend.
Please note: This analysis was purely based on the data provided and does not consider other factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports that can influence the foreign exchange rate. The analysis also does not project or forecast future rates.