2024-04-26 Leone News
2024-04-25
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overview
Given the dataset, it represents the changes in the SLL exchange rate every five minutes from 2024-04-25 00:00:02 till 2024-04-25 23:55:02. However, there seems to be an apparent issue with the provided data. All of the listed SLL exchange rates are constant at 7.0E-5 over the entire duration. Because of this consistency, comprehensive analysis becomes challenging given the mentioned goals, as it defies typical financial market behavior where exchange rates experience fluctuations.
Trend Analysis
The trend of the SLL exchange rate within the scope of this dataset is stable. There is no upward or downward drift identifiable given that SLL exchange rate remains the same throughout. Typically, in a trend, the data points will show a consistent increase (uptrend) or decrease (downtrend). However, the data points in this dataset are constant, making the trend flat or stationary.
Seasonality Analysis
Given that the exchange rate data does not fluctuate, it is impossible to determine any form of seasonality or recurring patterns over time. By definition, seasonality would imply patterns that regularly repeat over a discernible horizon, like daily, weekly, or monthly. However, due to the constant rate, no discernible pattern or cycle can be identified.
Outlier Detection
In this dataset, there are no recognizable outliers, as the exchange rate is constant throughout. An outlier would typically be a data point that lies an abnormal distance from other values in the dataset. However, with no variance nor deviation in the data, an outlier cannot be spotted.
Limitations & Suggestions
Given the limitations of the data provided, where the lack of fluctuation prevents meaningful interpretation or conclusions, it would be beneficial to gather more representative data, capturing the true dynamics and characteristics of an active financial market. This could potentially include key financial news, market opening/closing times, weekends, and holidays, which might reflect in the exchange rate movements and offer a more holistic understanding of the trend, seasonality, and any potential outliers.