2024-05-03 Convertible Mark News
2024-05-02
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
After analyzing the data, the overall trend of the BAM exchange rates during the given time period seems to be slightly decreasing. The data starts at an exchange rate of 0.75155 and ends at a lower rate of 0.74980. However, the fluctuations between these points are minute, suggesting a generally stable rate.
Seasonality and Recurring Patterns
There isn't a clearly observable seasonal or recurring pattern in the exchange rates based on the provided data. The rates fluctuate frequently throughout the day and there isn't an obvious cyclic pattern to these fluctuations when looking at the data as a whole. Further analysis with a larger dataset or more granular data might help in identifying any subtle daily or hourly patterns.
Outliers
Within the available data, there are no noticeable outliers. The exchange rate mostly fluctuates within a small range and there aren't any instances where the rate spikes or dips significantly. It should be noted that slight variations in the exchange rate are common and are due to a variety of market factors, so what might seem as a minor outlier could just be regular market behavior.
The understanding of the data is limited based on the constraints stipulated - without considering certain external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports, which typically have significant impacts on exchange rates.