2024-04-18 Lilangeni 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
1. Understanding the Overall Trend of the Exchange Rates
Based on the provided dataset, the overall trend of the exchange rate for SZL is mostly stable. It starts with a value of 0.07248 at the first time stamp, and ends at approximately the same value, 0.07248, at the final time stamp. However, there were slight fluctuations in between, with the exchange rate reaching a minimum of around 0.07238 and a maximum of 0.07266. Despite these minor fluctuations, the general trend over the period remains stable, with no significant long-term increases or decreases.
2. Identifying Seasonality or Recurring Patterns
In time series analysis, seasonality refers to predictable and recurring trends and patterns that occur over regular intervals of time. Within the scope of the data provided, there are no obvious seasonal trends or time-dependent patterns. The variations in exchange rates appear to be random rather than following a predictable pattern or cycle. Therefore, no strong seasonality is observed in the changes in exchange rates.
3. Noting Any Outliers
Outliers are data points that vary significantly from the overall trend. In the context of this dataset, there do not appear to be any prominent outliers, as the exchange rate fluctuations are relatively small and no instances of the exchange rate differing significantly from the typical range are observed. The highest observed rate is 0.07266 and the lowest is 0.07238, with the vast majority of rates falling between these two values. Therefore, there don't seem to be any significant outliers in the data that would be worthy of special attention or investigation.