2024-05-22 Dobra News
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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
Based on the dataset provided, the following analysis can be rendered:
1. Understanding the Overall Trend
The std exchange rate remained constant throughout the entire dataset. Each reading records a rate of 7.0E-5, indicating no increase, decrease, or significant fluctuation in the exchange rates for the entire duration. Thus, we are dealing with a horizontal or stationary series with no identifiable uptrend or downtrend in the dataset.
2. Identifying Seasonality
Given the exchange rate stays constant at all timestamps, we cannot observe any seasonality or recurrent patterns based on the information in the dataset. For a series to have a seasonal component, the series would need to exhibit repeating patterns or cycles over an equivalent set period. This dataset does not contain these characteristics.
3. Outliers in the Exchange Rates
Since the exchange rate does not deviate from 7.0E-5 during all the recorded timestamps, we cannot identify any outliers within the dataset. An outlier would imply a significant deviation from the other values in the dataset, and no such deviations exist in this case.
Remember, this analysis is purely based on the data provided and does not account for external factors such as market dynamics, events, or financial news which can play a crucial role in dictating exchange rates.
![Unwavering Stability: Exchange Rate Unchanged Despite Time Progression](http://currencymart.net/images/news/dobra/2024-05-22/img-BGrBvuDQ15HTkXrHOHMwc23B.webp)