2024-05-17 Kip News
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2024-05-16
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 of the Dataset
The dataset provided indicates the exchange rates for LAK over a 24 hour period starting from 2024-05-16 00:00:02 to 2024-05-16 23:55:02. The exchange rate reported in each entry is 6.0E-5.
Understanding the Overall Trend
From the analysis of the data set, it is evident that the exchange rates for LAK have remained constant throughout the entire period. The rate is consistently reported as 6.0E-5 for every timestamp provided. Thus, it's fair to say that the overall trend is stable.
Identifying Seasonality or Recurring Patterns
In this instance, due to the constant exchange rate, it is impossible to identify any seasonality or recurring patterns within the data. The exchange rate remains at a steady 6.0E-5 regardless of the time of day, indicating no fluctuations or obvious patterns.
Identification of Outliers
Within the data provided, there are no obvious outliers, as every reported exchange rate stands at the same rate of 6.0E-5. With the exchange rate remaining consistent, there are no instances where it differs significantly from the norm.
It's important to note that a thorough analysis would typically include considerations of external factors such as market opening/closing hours, weekends/holidays, and the release of key financial news and reports. However, as per instruction, these has been overlooked in this analysis. Also, given the consistent rates in the provided data, a forecast for future rates is not warranted at this time.
![Consistent Stability Observed in LAK Exchange Rates Throughout the Day](http://currencymart.net/images/news/kip/2024-05-17/img-13d1UJ5LIOQSRYrdVQFH39Sa.webp)