Faint Rise in HUF Exchange Rate Exhibit Slow Market Progression
2024-04-18
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Trend Analysis
Upon analyzing the dataset, it can be seen that the value of exchange rate held rather steady in the initial stage. The exchange rate for HUF was constant at 0.00374 until the change occurred around timestamp "2024-04-18 01:10:02", where it rose to 0.00375. This pattern of slight increment and decrement throughout a few periods, was then followed by a period of stability. Around timestamp "2024-04-18 08:30:03", the rate fell to 0.00372 and remained stable again before it slightly raised at the timestamp "2024-04-18 07:05:02" to 0.00373 and then fell back to 0.00372 with minor variation until the timestamp "2024-04-18 20:35:03" where it dropped to 0.0037. The subtle fluctuation continues to the end of the dataset.
2. Seasonality and Recurring Patterns
In the context of this data set, we cannot comment on the seasonality or recurring patterns of the exchange rate based on a single day's data. Seasonality refers to a periodic and repetitive trend in a time series dataset which typically occurs when the observations are collected over a long period, like over multiple months or years. Similarly, to identify any recurring patterns, data over a long stretch would provide a comprehensive insight.
3. Identification of Outliers
Since the values throughout the data remains very close and the fluctuations in the exchange rate are quite minimal, there are no noticeable or significant outliers in this data set. The trend seems overall stable with a slight drop in the exchange rate at the end of the data series.
Note: An outlier would be a value that is conspicuously different from most other values in the data set. These are sometimes the result of errors or noise, but they can also indicate important occurrences or patterns to consider.
