HNL Holds Steady Amid Minor Fluctuations in Exchange Rates
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
After conducting an in-depth analysis of the given time-series data, the following findings were observed:
1. Overall Trend of Exchange Rates:
The overall trend of the exchange rates appears to be fairly stable, with minor fluctuations throughout the dataset. There is no clear indication of a consistent increase or decrease over the period shown.
2. Seasonality and Recurring Patterns:
The dataset does not appear to exhibit any distinct patterns of seasonality or reoccurrence in the changes of exchange rates. The values throughout are hovering around 0.05510 to 0.05520, suggesting randomness rather than any patterned or seasonal change.
3. Identification of Outliers:
The data seems smooth with only minor fluctuations, and no significant outliers that deviate dramatically from the general trend. However, there are slight increases in the exchange rate at certain intervals, which could be attributed to market dynamics and activities.
Please note that this analysis is based strictly on the provided dataset and does not consider external influences such as market hours, holidays, or the release of important financial reports. For a more accurate and holistic understanding of the trends, other factors impacting the market and the exchange rates must be considered.
