2024-04-17 Cordoba Oro News
2024-04-16
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
NIO Exchange Rate Trend Analysis
The overall trend of NIO exchange rates displays mild fluctuation with minimal changes throughout the day. The values hover around the 0.0375 to 0.0377 range, suggesting that the market in the frame of the dataset is stable. Moments of exchange rates peaking at approximately 0.0376 are seen, but they quickly return to the average level. The lowest recorded rate is at 0.03732, and the maximum is 0.0377. On most occasions, downward and upward trends follow one another, without sustaining in either of the directions for a prolonged time.
NIO Exchange Rate Seasonality Analysis
In the provided time-series dataset, no clear seasonality or cyclic changes in exchange rates are visible. The fluctuations in the NIO exchange rates are erratic and do not follow a specific pattern at the interval of hours, making it hard to establish any regular behavior.
NIO Exchange Rate Outliers Analysis
Throughout this dataset, there don't appear to be any extreme outliers; the data points almost entirely fall within a narrow range of values. There's a minor spike experienced at 06:25:02 (0.03749) and at 16:55:03 (0.0377), which stands out as the highest point of the given data. However, this doesn't constitute a significant outlier, as it doesn't deviate greatly from the average of the dataset.
In conclusion, this analysis reveals that the NIO rates during the chosen day mildly fluctuated in a relatively tight range, without showing a clear upward or downward trend or visible seasonality. The lack of remarkable outliers suggests a steady market dynamic for this particular period. These observations can provide a basic understanding of the rate's performance and serve as a reference point for any further, more detailed financial analyses.