2024-05-10 Convertible Mark News
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
After carefully scrutinizing the time-series dataset provided, it's apparent that the BAM exchange rates display a complex trend over the period indicated. The data points in the series appear to fluctuate within a specific range, rather than showing a consistent upward or downward pattern. Reviewing the data, there appears to be a slight increase initially in the exchange rates, peaking at around the timestamp '2024-05-09 01:45:02' with a value of 0.75458. Following this, it drops to a low point of 0.75085 at '2024-05-09 12:35:03'. Post this dip, there is a substantial climb, reaching a peak value of 0.7545 at '2024-05-09 21:15:02', before gradually declining and settling around the 0.75435 point towards the end of the dataset.
Seasonality and recurring patterns
Identifying clear seasonality or recurring patterns in this dataset is difficult due to the nature of the data, which involves many factors beyond time alone. However, certain patterns of minor fluctuations can be discerned within shorter time spans. For example, there are periods of relatively stable rates, followed by periods of modest volatility. A repeated pattern of rise and fall of rates can also be sensed over the span of a few hours in the dataset. Nevertheless, given the limited scope of this data and the complexity of exchange rate dynamics, these patterns should be taken as tentative observations rather than steadfast rules.
Outliers analysis
There are few significant outliers in the provided dataset, broadly defined as the data points that differ significantly from the surrounding data. A notable example is the timestamp '2024-05-09 20:40:03', where there's a major leap from the previous rate of 0.75073 to 0.75384. This sharp increase is an anomaly compared to the generally gradual changes represented in the dataset. Similarly, a quick fall can be observed at '2024-05-09 09:25:04', where it goes from 0.751 to 0.75084, a relatively larger drop compared to other instances. However, in the grand scheme of the dataset, these outliers don't seem to significantly disrupt the overall trend.
Overall, it's evident that although exchange rates do fluctuate over time, the changes tend to stay within a certain range in this dataset. It's important to consider that the patterns identified here might not hold true over a different time period or under different market circumstances.
