2024-05-15 Gourde News
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2024-05-14
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the Overall Trend
Upon analyzing the provided time-series financial data, it is evident that exchange rates show a stable trend over the entire period. The rate starts at 0.01032 and fluctuates minimally throughout the observed period. There is a marginal decrease to 0.01029 and then a leap back to 0.01032, indicating a very gentle fluctuation rather than a significant increase or decrease. Therefore, the overall trend of exchange rates appears to be steady across the time span given in the data.
Identifying Seasonality or Recurring Patterns
When looking for patterns and seasonality, the data doesn’t seem to indicate any obvious recurring loops within the given timeframe. The exchange rate fluctuations are minimal enough to not indicate a substantial nonrandom pattern. Hence, based on this analysis, there doesn’t appear to be any strong seasonality or cyclical pattern in the data set.
Outliers Analysis
The data set contains observations that are relatively stable and show minimal fluctuation. Accordingly, no significant outliers were identified, where the exchange rate would dramatically differ from the overall stable trend. The gentle variations of values from approximately 0.01029 to extreme values of approximately 0.01032 are within an acceptable range for time series financial data like these.
Conclusion
To conclude, without considering external factors, the overall trend of the HTG exchange rate in this data set appears to be remarkably stable. This stability suggests that the exchange rate is relatively unaffected by potential recurrent patterns or unexpected outliers. However, to establish a more concrete understanding and obtain more actionable insights, it could be beneficial to consider external factors such as market hours or major financial reports.
![Stable HTG Exchange Rate Post Remarkable Consistency in 2024](http://currencymart.net/images/news/gourde/2024-05-15/img-2t1wg05Ki5J7sXuXiDBEY9Ng.webp)