2024-05-03 Guernsey Pound News
2024-05-02
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend
The overall trend of the dataset shows a slight decline in exchange rates over the time period provided. The rates started at 1.70938 and ended at 1.70225. The peak value within the data set is 1.70981 and the lowest is 1.70138. Overall the decrease is not drastic but subtle.
Seasonality and Recurring Patterns
Upon reviewing the data, there are no clear seasonal patterns or frequently recurring patterns. This is typical for financial variables such as exchange rates, which can be influenced by a myriad of factors including market volatility and macroeconomic indicators that might not have clear or uniform periodicities.
Outliers
This dataset doesn't seem to have any significant outlier as the range between the highest and lowest rates is just 0.00843, which is quite small. All changes are minor, without any occurrences of unanticipated or significant leaps.
Although comprehensive and more detailed analysis can require additional techniques and tools such as time-series decomposition, autocorrelation or advanced statistical model, the brief analysis above provides initial insights about the dataset.