2024-05-22 Cordoba Oro News
2024-05-21
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 Exchange Rates
The exchange rate displayed a general stability, with very minute variations noticed. The data started off at a rate of 0.03702 and ended at a rate of 0.03704, thus showing a marginal increase over the given period. Nevertheless, it's important to note that the rate did not remain completely static and there were fluctuations in the rate throughout the period. Furthermore, it seems the variations are concentrated between 0.03698 and 0.03716. Hence, even though slight fluctuations were observed, the exchange rate largely remained stable with a slight overall increase through this period.
2. Identifying Seasonality or Recurring Patterns in the Exchange Rates
In this data set, no discernible seasonality or recurring patterns can be identified just by visualizing the data. The minor fluctuations appear to be random rather than following a clearly predictable pattern. Therefore, it is suggested that a more in-depth statistical analysis or a larger data set might be needed to accurately determine any recurring patterns.
3. Spotting Outliers in the Data.
Based on the provided dataset, there do not seem to be any conspicuous outliers which deviate significantly from the overall trend. The exchange rate, while fluctuating slightly, remained consistently within a tight range of 0.03698 to 0.03716 for the entire period. There was no instance where the exchange rate unexpectedly spiked or dropped drastically, suggesting that the dataset is quite stable and devoid of significant outliers.