2024-04-16 Cordoba Oro News
2024-04-15
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
Overall trend of the exchange rates
By analyzing the data set of NIO exchange rates over time, we can observe that the exchange rate is quite stable overall. It started at 0.03738 and ended at 0.03735 after fluctuating in a very narrow range. These fluctuations, however, did not exhibit a strong upward or downward trend.
Seasonality or recurring patterns
As for the seasonality or recurring patterns, it's not clearly discernible directly from the provided data. However, it can be observed that the fluctuations are somewhat rhythmic within an hour. We repeatedly see a rise in NIO's exchange rate, followed by a slight decrease. Yet, the current data set is too narrow to make a definitive conclusion about any daily, weekly, or monthly trends.
Outliers in the exchange rates
A notable observation is that while most of the fluctuations are minimal and close to the median, there are a few points where the rate jumps. For example, at around 20:05 on 2024-04-15, there is a noticeable dip to 0.03734, significantly differing from rates around that time. Such instances could be considered as outliers in this scenario.
Please note, even though the question specifically instructs to not consider external factors like market trends, financial news and events, it's important to be aware that such factors could have a significant influence on these rates in the real-world scenarios.