2024-04-18 Lari News
2024-04-17
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the Overall Trend of the Exchange Rates
The exchange rates (GEL) from 2024-04-17 00:00:02 to 2024-04-17 23:50:02 starts at 0.51959, peaking at 0.52011 before dropping to a low of 0.51690. The rates seem to fluctuate within a relatively narrow band, which implies a relatively stable exchange rate over the period presented. Certainly, there are periods of both increase and decrease, but they do not suggest a clear linear trend within this short timeframe.
Identifying Seasonality or Recurring Patterns
Time-series data is found over a continuous 24-hour cycle, but there seems to be little evidence of daily seasonality. The patterns are quite irregular and do not follow the typical characteristics of seasonality where the pattern repeats at regular intervals, like hourly or daily. However, given the short period this data covers, it may be difficult to conclusively identify seasonal patterns.
Noting any Outliers
In this case, an outlier may be a value that is significantly different from the others within a relatively short time. However, the data given does not seem to show any significant jumps or drops in exchange rates that can be considered an outlier, as the changes are relatively smooth and fluid, without drastic differences.
These observations are based solely on the data provided and it is important to remember the limitations. The data only covers a single day and the exchange rate is influenced by many factors, therefore this analysis may not accurately reflect longer-term trends or patterns.
Summary
In summary, while there are minor fluctuations in the exchange rate throughout the day, there is no significant trend or clear evidence of seasonality present in this data, and no clear outliers are visible. As always, the trends and patterns identified would need to be validated with a longer data range and would need to consider other influencing factors not included in this dataset.