2024-05-15 Cordoba Oro News
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2024-05-14
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 of the Overall Trend
After analyzing the given dataset over the timeframe, it appears the exchange rate of NIO has shown minor fluctuations, however, remarkably the overall trend within this specific timeframe appears to decline slightly. The first rate provided was 0.03718, which decreased minutely over time, eventually closing at 0.03714. The rate saw both slight upward and downward changes, but there was not a substantial increase or decrease within the time frame analyzed. Hence, the overall trend in this specific period leans slight towards decline, although the decrease is minimal.
2. Seasonality or Recurring Patterns
Upon evaluating the dataset, no clear seasonality or recurring pattern can be noticed within the change of the exchange rate. Without knowing the specific timeline of the provided data, it's difficult to pinpoint whether there are daily or hourly patterns. Given the close intervals of data points (every 5-10 minutes), this could suggest that there are no significant regular actionable patterns in this data set.
3. Outliers Identification
As per the provided data, there doesn't appear to be any clear outliers. An outlier would be a rate that drastically veers from the range of rates observed within the given timeframe. All the rates in this dataset fall between 0.03713 and 0.03719, which indicates a very small range of fluctuation and no significant deviations from the average value. Thus, we can conclude that there are no evident outliers in this set of data.
![Subdued Variations in NIO Exchange Rate Yield Coupled with Robust Stability](http://currencymart.net/images/news/cordoba-oro/2024-05-15/img-Gm6zBI9BVvbVWXPvHRgaRrZu.webp)