2024-05-21 Costa Rican Colon News
2024-05-20
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
Data Overview
The provided data is time-series data that tracks the exchange rate (CRC) values at different timestamps. The timestamps range from '2024-05-20 00:00:02' to '2024-05-20 23:55:02', capturing the hourly changes over a 24-hour period.
Analysis of overall trend
The exchange rates seem to be somewhat stable for most of the day until '2024-05-20 06:20:02', at a constant rate of 0.00267. This stability suggests that there were no significant shifts in market dynamics that affected the exchange rates over these sections of the timeframe. However, there is a slight decrease at '2024-05-20 06:20:02' and subsequentially the exchange rates observe a minor downfall to 0.00266 and remain completely stable for this value for the rest of the track period. This decrease could be due to changes in market conditions and dynamics, although the specifics would be subject to further detailed analysis beyond pure data observations.
Seasonality Check
As the dataset provided only comprises a single day in the year 2024, it's not possible to establish a yearly or monthly seasonality trend in the exchange rates. The data does not allow us to recognize any recognizable hourly seasonal patterns due to the stability in the values. Additional data that spans longer time periods would be required to identify and validate any seasonal patterns.
Outliers Identification
Based on the given dataset, there don't seem to be any obvious outliers. An outlier in this context would be a dramatically different exchange rate value compared to the surrounding values. In our case, the exchange rate seems to persist on a relatively stable plateau, with only a very minor decrease occurring partway through the day. This doesn't present as an outlier, as it could be an acceptable fluctuation in market dynamics.
Conclusion
Overall, the exchange rates remain constantly stable for most of the day, with only a minor decrease observed part way through the day. There are no immediately obvious outliers, and with the given data, it isn't possible to establish a clear indication of any seasonality. It's recommended to collect data over a more extended period to better understand the potential trends, seasonality and outliers. Note that this analysis purely bases on the data observations and does not take into account specifics affecting the financial market and its implications on the foreign exchange rates.