2024-05-07 Dong News
2024-05-06
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
1. Understanding the Overall Trend
Looking at the data given, the overall trend of the exchange rate remains remarkably stable. The value stays constant at 5.0E-5 throughout the provided timestamps with no increase or decrease observed. Since all value points are identical, it concludes that there is no visible trend in either increasing or decreasing direction.
2. Identifying Seasonality or Recurring Patterns
As for the seasonality or recurring patterns in the exchange rates, it's challenging to determine any pattern due to the constant values of exchange rates in the given dataset. Since the values remain the same, there isn't any noticeable cyclical or periodic variation that can be discerned over the period. However, this uniformity in itself can be regarded as a pattern — albeit an unvarying one.
3. Noting any Outliers
When it comes to outliers, the data set does not present any significant deviations from the constant value of 5.0E-5. Therefore, based on the provided data, we can conclude there are no outliers in this dataset as every data point equals the others.
4. Conclusion
The provided dataset is rather peculiar, given that currency exchange rates usually fluctuate in response to changing economic conditions. Nonetheless, the data shows that the VND exchange rate remained steadfastly stable throughout the entire period encompassed by the dataset. While such stability is generally regarded as a positive attribute in financial environments, it may also point to an absence of essential dynamism in this market.