2024-04-30 Egyptian Pound News
2024-04-29
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 of Exchange Rates
The given dataset represents the exchange rates ie., EGP, at different timestamps. From the data, a definite trend isn't immediately apparent. The exchange rate overall fluctuates between the range of about 0.02844 and 0.02870. However, an exact trend, whether increasing, decreasing, or staying stable cannot be determined without conducting comprehensive statistical analysis.
2. Identifying Seasonality or Recurring Patterns
Time-series data often contains patterns that repeat at regular intervals, a property known as seasonality. However, the provided data spans a single, continuous day, which limits the ability to clearly determine any seasonality or recurring patterns. Longer periods, including multiple days, weeks, and even years, would provide an opportunity to identify such patterns more definitively. As it stands, we would need more data to make assertions with high confidence about the presence or lack of any seasonality or recurring patterns.
3. Noting Any Outliers or Significant Deviations
With respect to outliers or significant deviations from the given dataset, the value of EGP shows minimal fluctuations and there isn't any major peak or drop in the exchange rate within the given timeframe. Consequently, we can infer that there are no significant outliers with respect to the given data. A more detailed statistical analysis would be required to determine if there are subtle anomalies that may not be immediately apparent from the raw data.
