2024-04-16 Euro News
2024-04-15
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
Overall Trend
Based on the time-series dataset provided, the overall exchange rates seem relatively stable with minor fluctuations throughout the period. The initial exchange rate of EUR stands at 1.4653 and ends with a rate of 1.46443. While there are minute changes in between, no major rise or fall trend can be discerned from this dataset. Exchange rates have mostly floated around 1.46 with minor deviations.
Seasonality or Recurring Patterns
The dataset does not show any significant evidence of seasonality or recurring patterns. Given the granularity of the dataset (each observation represents a five-minute interval), you would need to look at a much longer timeframe to detect potential seasonality. Additionally, the rate does not follow any specific pattern in hourly fluctuations. Any minor dips or peaks appear to be arbitrary and do not recur in a systematic frequency.
Outliers
In terms of outliers, the dataset displays few, if any, notable instances. There are minor fluctuations throughout, but nothing immensely unusual or outside of what might be expected within a reasonably stable exchange rate environment. This is normal in the short-term observation of exchange rates, as major fluctuations are usually triggered by adversarial financial events or news and this dataset does not cover a time span long enough to include a disproportionate share of such events.
Summary
In summary, the overall exchange rate remains fairly stable over time, with only minor fluctuations observed. There is no definitive proof for reoccurring patterns or seasonality in the given dataset, which can be due to the small time duration or absence of significant events affecting the exchange rate. Meanwhile, no significant outliers that deviate greatly from the average have been noticed.