2024-05-09 Jersey Pound News
2024-05-08
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. Overall Trend
The overall trend of the exchange rates during the period shown seems to decrease slightly. The exchange rate starts from 1.71324 and goes down to 1.70975. It’s crucial to remark that even though there’s a small decline when seeing the period as a whole, there are substantial fluctuations within it. The exchange rate doesn´t simply display a consistent downward trend during the entire period, but rather it has several rises and falls. Also, there are no extreme peaks or troughs, and the exchange rate oscillates around a specific range.
2. Seasonality and Recurring Patterns
As for seasonality and recurring patterns, identifying them requires a more detailed analysis. This short-term data we focus on doesn´t show clear patterns related to specific dates or times. The exchange rates do not seem to be largely affected by the hour of the day. However, a more in-depth analysis over a longer period and more data would offer greater insights about possible seasonality or recurring patterns such as weekly or monthly trends.
3. Outliers
Finally, regarding outliers or significant deviations from the overall trend, there doesn´t appear to be any conspicuous instances in this dataset. The exchange rates shown tend to fluctuate within a fairly tight range. Hence, we can state there are no extreme values that stand out from the others. Although this doesn´t exclude the potential presence of minor outliers not easily identifiable by a surface-level examination of the data. An in-depth statistical analysis could provide a deeper understanding of this aspect.