2024-05-02 Costa Rican Colon News
2024-05-01
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend
An initial review of the data suggests that the exchange rate is relatively stable over the time period given. The exchange rate opens at a value of 0.00269 and it remains at that level till the data timestamp of '2024-05-01 06:25:02', after which it slightly increases to 0.0027. It maintains this rate for a considerable amount of time until '2024-05-01 13:30:03', post which it again drops back to 0.00269. The exchange rate fluctuates between these two values (0.00269 and 0.0027) for the rest of the given time series, with no significant increases or decreases.
Seasonality or recurring patterns
Given the data, it is difficult to identify any clear seasonality or recurring patterns in the exchange rates as the data provides for only one day and would require a longer time series to accurately identify these patterns. However, based on the available data, it can be inferred that there is a slight increase in the exchange rate around 6:25 am and a decrease at around 13:30 pm which indicates a potential daily pattern, although these should be confirmed with additional data points.
Identification of outliers
In terms of outliers, the dataset doesn’t provide any instances of considerable variation from the exchange rate values of 0.00269 and 0.0027, suggesting that there are no significant outliers in the dataset provided.
To gain a deeper understanding and to identify additional patterns, outliers, or more specific information about the behavior of these exchange rates, it would be beneficial to analyze historical and future data from a longer timeframe, as well as consider external factors such as market conditions, news events, and other relevant factors.