2024-04-17 Gourde News
2024-04-16
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis
1. Understanding the Overall Trend of the Exchange Rates
The data suggest that the exchange rate remained relatively stable over the period shown. There appears to be a slight increase in the exchange rate around the middle of the time series, but this increase is marginal and reverse back to the previous levels shortly after. It indicates that the overall trend of the exchange rates tend to fluctuate around a certain level, without a significant upward or downward trend.
2. Identifying Seasonality or Recurring Patterns
In terms of seasonality or recurring patterns, it's challenging to establish a precise pattern based purely on this data set without considering other external factors like market cycles. However, throughout the day, there appear to be minor fluctuations with the exchange rate. These do not show a specific pattern or consistent seasonal changes. For an accurate assessment of recurring patterns, a larger dataset that includes multiple cycles over an extended period would be needed.
3. Noting Any Outliers
Considering the consistent stability, it is difficult to identify any significant outliers based on exchange rate values. There are minor fluctuations; however, these shifts do not significantly diverge from the average recorded rate. This indicates relative stability in the exchange rates, with no significant fluctuations that would indicate an outlier.
In summary, analyzing this time-series financial data, we see a mostly stable trend in the exchange rates, with only slight fluctuations. There does not appear to be any clear seasonality or recurring patterns, and no significant outliers have been identified.