2024-04-16 Lithuanian Litas News
2024-04-15
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Overall Trend Analysis
After examining the dataset, it appears that the exchange rates demonstrated a mostly steady trend, with minor fluctuations throughout the time period provided. The rate value fluctuated between 0.46491 and 0.46782 over these timestamp entries, which do not indicate a significant increase or decrease over time. Rather, the exchange rate tends to vary in a narrow range with respect to the timestamp records available, pointing to relative stability in rates.
2. Seasonality and Recurring Patterns
Based on the dataset, it's difficult to identify any distinct seasonal or recurring patterns due to the short nature of the time period represented. A longer dataset, possibly spanning multiple months or years, would be beneficial to ascertaining any seasonal trends or cyclical patterns in exchange rates. However, within this dataset, there is no clear evidence of recurring patterns based on the time of day or specific intervals, and the changes in exchange rate appear fairly random. We would need additional data to determine whether there are daily or weekly patterns in the exchange rates.
3. Outliers Identification
While performing the analysis, no significant outliers were identified that significantly deviate from the general trend. The exchange rate, as illustrated by the provided dataset, maintained a restricted variability range throughout the recorded period. However, without a specific threshold for identifying outliers or a more detailed background on what might be considered 'normal' rate fluctuations, it's challenging to conclusively identify outliers from this dataset.
While there are minor local(very short term) maxima and minima, they do not significantly deviate from the normal trend seen throughout the period and thus cannot be classified as outliers. All fluctuations in the rate seem to fall within a reasonably expected variance.
To summarize, the exchange rate in this dataset remained relatively stable. There don't seem to be any cyclic patterns or seasonality in the data, and unlikely any significant outliers. However, further analysis might reveal additional insights with more extended time-series data or additional parameters to measure against the exchange rates.