2024-05-08 Gourde News
2024-05-07
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 Introduction
The analysis focuses on time-series financial data for HTG exchange rates. The aim is to understand the trend for these rates, identify seasonality, and observe any outliers. Importantly, the results presented are based solely on numerical data – no specific events or external market factors have been taken into account. Therefore, the analysis won't include considerations about market opening/closing hours, weekends/holidays or the release of key financial news and reports. Also, this analysis won't generate any forecast for future rates.
Overall Trend
With over 150 data points, it's clear that the general trend of the HTG exchange rates over the course of the day on May 7, 2024 is slightly inclined to rise. The exchange rate starts at 0.01031 at midnight and ends at 0.01035 by midnight of the next day. The incline is very subtle thus it can be concluded that the exchange rate remained relatively steady over the day.
Seasonality or Recurring Patterns
The time series data does not show any remarkable seasonality or cyclical patterns within the course of a day, this may be due to the data only covering a span of 24 hours. For seasonality trends to be observed, data over a longer term might be required.
Identifying Outliers
Upon review, the time-series data appears to be consistent, with no significant disparities or outliers. Each recorded change in the exchange rate is minute. The lack of major fluctuations points to a day of steady trading activity with no irregularities or unexpected events altering the trend.
In Conclusion
In summary, the HTG exchange rate on May 7, 2024, demonstrated a slight and steady incline throughout the day. We couldn't identify any discernable seasonal or recurring patterns based on this 24-hour window, and no notable outliers were evident in this time-span. This suggests a typical day of trading activity. Remember, while we could not identify any clear patterns within this time-frame, there may indeed be trends and seasonal effects present over a longer timescale.