2024-04-17 Lithuanian Litas News
2024-04-16
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend of Exchange Rates
Based on the data provided, it can be seen that the exchange rates have been fluctuating throughout the entire duration, but within a relatively narrow range. The exchange rate at the beginning of the data set was 0.46804 and ended at 0.46809. Therefore, no significant overall increase or decrease can be noted.
Seasonality and Recurring Patterns
Given the granularity of the data (approx every 5 minutes), it is difficult to identify explicit seasonality or recurring patterns. However, the rate does show regular small fluctuations which suggest a high-frequency cyclic behavior, likely linked to standard market dynamics. A more detailed analysis would require a longer time period or additional tools for in-depth time series analysis.
Identifying Outliers
Any significant spikes or dips, which could be considered as outliers, are not apparent in this data. The exchange rate tends to stay within a tight range, and most fluctuations are minor. If we were to consider an outlier as a rate that differs greatly from the previous rates, then such occurrences in this dataset are minimal, as per the data provided.
Additional Notes
As per your request, this analysis does not take into account any specific events like market opening/closing hours, weekends/holidays or the release of key financial news and reports. This is a pure numbers-based view, and the context of the financial market has not been considered in this analysis, which could be a significant factor for a more detailed and accurate analysis.
Just a note on the interpretability & reliability of this analysis - given that the duration of data available is within a single day, it may not be reflective of the longer-term trends in the exchange rate. A single day's exchange rate can be influenced by many transient and day-specific factors, and may not necessarily indicate the long-term behavior of this exchange rate.