2024-04-26 Cuban Peso News
2024-04-25
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the trend:
The general trend of the exchange rates, from the provided dataset, seems relatively stable, with minor fluctuations over time. The rates range from 0.05152 to 0.0518. This small range of values throughout the dataset indicates a tight control on rate fluctuations, which is characteristic of a fixed exchange rate system.
Identifying seasonality:
Based on the data provided, it is difficult to definitively determine seasonality in this context. To identify a rigorous seasonality, it would be needed a longer duration dataset, ideally encompassing several years. However, the high-frequency nature of the data (collected every few minutes) could suggest some intra-day seasonality. For instance, certain times of day might consistently see higher or lower exchange rates due to market operations. But for definitive conclusions, a more detailed analysis or additional data would be required.
Note on outliers:
In this kind of financial analysis, outliers are typically instances where the exchange rate shows a distinct and abrupt change compared to the prevailing trend. In this dataset, such outliers would manifest as rates significantly higher or lower than an estimated average. Given the relatively narrow range, few potential outliers have been identified. However, there are a few points, such as 0.0518, 0.05157, that show small outlier characteristics when compared to the general trend. Any significant deviation from the general trends could potentially be constituted as an outlier, but these fluctuations appear to be minor in the context of this dataset.
