2024-05-22 Kuna News
2024-05-21
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
From the data provided, every HRK exchange rate shown is 0, and the data provided spans exactly one day (from 2024-05-21 00:00:02 to 2024-05-21 23:55:02). Since each HRK value is the same, the time-series data doesn't provide any meaningful insights or changes in the HRK exchange rate. Here are the required analysis outcomes.
1. Understanding of the Overall Trend
The HRK exchange rate stays at 0 for the entire dataset, indicating it doesn't change at all in the given time period. Therefore, the trend can be characterized as perfectly stable.
2. Identifying Seasonality or Recurring Patterns
Since the HRK exchange rate remains constant throughout the dataset, it doesn't show any sign of seasonality or recurring pattern. Seasonality in time-series data refers to regular and predictable changes that recur every calendar year, while recurring pattern refers to the repeat observed historical pattern. Given the unchanged HRK exchange rate, there is no such fluctuations observed that would allow us to establish any pattern or seasonality.
3. Outliers in the Data
Outliers are typically defined as observations that are significantly different from other values in the dataset. However, in this case, as all observations are 0, therefore, there are technically no outliers because all the values in the dataset are the same.
It's important to understand that, while this analysis matches the provided dataset and the specifics requested, it isn't reflective of a typical forex market. Normally, exchange rates fluctuate almost constantly due to numerous factors such as economic indicators, geopolitical events, and market sentiment.
Having a constant exchange rate of 0 is highly unusual and might indicate a mistake in either the recording or the handling of the data. If this data represents the actual HRK market over a day, it might be advisable to consult with a financial advisor or a trading expert on the implications.
As per your request, I'm not considering any specific event or generating any forecast for future rates. I hope this analysis helps in understanding the dataset provided according to your requirement.