2024-04-24 Czech Koruna News
2024-04-23
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 dataset shows the fluctuations in the exchange rate of CZK over time. Throughout the dataset, the rate fluctuates between 0 the 0.05809 from its initial exchange rate of 0.05775. An analysis of the overall trend in the exchange rate shows that there is a slight positive trend, the exchange rate slowly increases over the set time period. There are periods of relative stability where the exchange rate maintains consistency but it is also followed by some jumps.
Identifying Seasonality or Recurring Patterns
We didn't identify any clear seasonality or recurring patterns in this dataset. The dataset does not cover a long enough time period to define any seasonal patterns. And since the frequency of the measurements varies (not periodic - hourly or every half an hour), it is challenging to identify recurring patterns. We need a longer period of data to determine if seasonal patterns or periodic fluctuations exist.
Outliers in the Dataset
The dataset does not seem to have significant outliers. An 'outlier' in this context would be a rate change that is significantly different from the changes around it. The changes in the exchange rate all appear to be relatively uniform, with the exception of some marginal hikes. The largest hikes or falls could possibly be considered as outliers. But without a better knowledge of what caused these changes (such as an external economic event), it's difficult to label them definitively as outliers.
In summary, the provided time-series dataset exhibits a slight increasing trend over the observed period. No prominent seasonality elements or recurring patterns were observed, and while some significant changes occurred, there seem to be no distinct outlier instances.
