2024-04-30 Kina News
2024-04-29
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analyzing the given time-series data that records changes in exchange rate (PGK) at different times, the following observations have been made:
1. Overall trend in the exchange rates
The data shows variability in exchange rates over the given period. There are periods where the rate consistently increases such as between 01:30:02 and 02:10:02 and there are periods where rates decrease such as between 09:45:03 and 10:05:02. However, there is a noticeable spike at 15:15:02 that is a significant outlier. A consistent trend cannot be definitively identified from the given data due to these fluctuations. Considering the start and end points the exchange rate increases from approximately 0.35286 to approximately 0.35923, suggesting an overall upward trend, however, the multitude of local increases and decreases illustrate a complex pattern that is not purely linear.
2. Seasonality or recurring patterns of exchange rates
There are certain periods in which the rate seem to spike up noticeably, but these instances are not evenly distributed to suggest a definitive recurring pattern; an example is the spike at 15:15:02 which reaches approximately to 0.59483. Likewise, there are periods of rapid decline as well, such as from 10:05:02 to 11:05:02. Without additional data or contextual information on a larger scale, it can't be concluded if these fluctuations correspond to a seasonal or recurring trend.
3. Identifying outliers
There is a significant outlier at the timestamp of 15:15:02 where the rate reaches approximately 0.59483, which is remarkably higher than the values present throughout the rest of the data. This outlier significantly departs from the overall trend which appears to be well within the 0.35-0.36 range. The reasons of this outlier would need to be explored, but it could be due to a reporting error, a significant market event, or other external influence.
Please take note that these observations are made based purely on the given data and without consideration of any potential external influencing factors such as market opening/closing hours, holidays, or the release of key financial news and reports. The inclusion of such contextual information may help refine the analysis and identify factors influencing the observed trends.
