2024-04-19 Cordoba Oro News
2024-04-18
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Understanding the overall trend of the exchange rates.
From the timestamp data provided, the NIO exchange rate has experienced minor fluctuations over the period of examination with the rate oscillating mostly between 0.03744 and 0.03726. The highest value noted, at 0.03749, was reported on multiple occasions throughout the dataset, while the lowest value, 0.03722, occurred only once. Overall, there isn't a clear upward or downwards trend in the data, suggesting a relatively stable exchange rate during this time period.
2. Identifying any seasonality or recurring patterns in the changes of exchange rates.
Given the short time frame of the data, it's challenging to accurately discern any seasonal or recurring patterns in the changes of the NIO exchange rate. From a brief analysis, the rate does tend to decrease slightly towards the middle of the hourly interval before increasing towards the end, though this pattern is not consistent across all hours. Absent a larger data set that spans multiple days, weeks, or months, it's not possible to make definitive conclusions regarding seasonality.
3. Noting any outliers, or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality.
We can observe minor outliers in the data, such as the exchange rate reaching a low value of 0.03722 on 2024-04-18 10:35:03, differing slightly from the overall trend. However, given the relatively stable nature of the data and the small fluctuations in the exchange rate during this time period, these variations can be considered normal. Significant outliers typically stand out more in the data, representing larger deviations from the average. Additional statistical analysis would be needed to confirm any potential outliers.