2024-03-12 Lari News
2024-04-23
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Financial Analysis Report
Overall Trend Analysis
Based on the data provided on the Georgian Lari (GEL) exchange rates for the date of 23rd April 2024, it can be noted that the exchange rates are showing a gradual decreasing trend throughout the day.The GEL opened at 0.51209 at the beginning of the day and closed at 0.51084, showing a marginal depreciation in value across the day.
Seasonality or Recurring Patterns
In terms of seasonality or recurring patterns, there is a slight fluctuation in exchange rates observed. The rates tend to show a certain rise after a certain number of time intervals and show a drop after another number of time intervals. The pattern does not seem to be seasonally dependent or time dependent as the movements are quite random. However, this would require a more in-depth temporal analysis to ascertain.
Outliers and Significant Differences
Outliers in the data, if any, are not easily discernible from the time series data as the movements are quite small. However, there are instances where the exchange rate differed slightly more than usual in a 5-minute time frame. These instances are not large enough to cause a significant impact on the overall trend analysis and may be due to regular market volatility. A more in-depth statistical analysis would be required to identify significant outliers in the data.