2024-05-22 Czech Koruna News
2024-05-21
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 Analysis
An examination of the data provided suggests that the exchange rates generally fluctuate within a narrow range throughout the day. To be more precise, the exchange rates oscillate between 0.0599 and 0.06006, with the majority of rates lying in between. However, a closer inspection is required to ascertain whether these fluctuations indicate an overall increasing, decreasing, or stable trend.
Seasonality and Recurring Patterns
Briefly examining the dataset, it can be difficult to identify any specific seasonality or recurring patterns. The fluctuations in the exchange rates appear to happen somewhat randomly throughout the day, with no clear pattern linked to specific times. However, without a deep quantitative analysis, this conclusion may not be fully accurate. A further statistical exploration would be able to shed more light on possible regularity or cyclical patterns in the data.
Outliers
In terms of outliers, the majority of the exchange rates appear to be tightly clustered around the 0.0599 to 0.06006 range. A few instances occur where the rates dip down to 0.05983 and rise to 0.06007, but these instances are quite rare and could be seen as outliers. That being said, these fluctuations are not significant, which suggests that the exchange rates remain relatively stable throughout the day.
Without more information about the external market forces at work, it's hard to say why these outliers occur. But overall, the exchange rates for the CZK remain very stable with minor fluctuations throughout the day.
Please note that this is a qualitative narrative based on the provided dataset. For a more quantitative and accurate understanding of this time-series data, we may need deeper statistical analysis tools and considerations of other external factors.
