2024-05-14 Costa Rican Colon News
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2024-05-13
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis of the Time Series Data
The time series data provided is for a day worth of data for the CRC exchange rate at different timestamps for the date of 2024-05-13.
Understanding the Overall Trend of the Exchange Rates
From the data given, it can be observed that the exchange rate of CRC remains stable at 0.00267 throughout the data set. There is no noticeable increase or decrease noted throughout this one day period at various time intervals.
Identifying Seasonality or Recurring Patterns
Given that the data provided only covers a single day, it is challenging to identify any seasonality or recurring patterns. Generally, these factors require a more extensive data set that covers multiple cycles of a given period such as multiple days, weeks, or months. In this case, with just one day worth of data, and the exchange rate remaining constant throughout, it is not possible to provide any insights into seasonality or recurrent patterns.
Identifying any Outliers
An outlier is a data point that significantly differs from other similar data points. In our case, looking at the time series, there is no noticeable variation in the exchange rate value during the day. It remains stable and consistent at 0.00267. Therefore, no outliers can be identified from the dataset provided.
Conclusion
In summary, based on the dataset provided, the CRC exchange rate remained consistent and stable throughout the day of 2024-05-13. There were no observable trends and changes in the exchange rate, no identifiable seasonality or recurring patterns, and no noticeable outliers. For a more comprehensive analysis, a larger and more varied dataset would be beneficial.
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