2024-04-24 Lithuanian Litas News
2024-04-23
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the Overall Trend
Based on the dataset provided, the overall trend of the exchange rate appears to have small fluctuations, but largely remains stable over the period under consideration. The exchange rate opens at 0.46392 on the start of the day and ends at 0.4628 by the end of the day. Although, throughout the day, the value did show deviations, it never really strayed too far from the opening rate, which indicates a relatively stable trend.
Identifying Seasonality or Recurring Patterns
With respect to seasonality or recurring patterns, a lot more data would typically be needed to make dependable observations. However, with the data provided there doesn't appear to be strong evidence of a consistent pattern or seasonality in the exchange rate fluctuations. The changes throughout the day do not follow a clear or predictable direction and rather seem to be influenced by several factors not identified within the given data.
Noting Outliers
Throughout this data, no significant outliers are evident. An outlier, in this case, would be represented as a massive spike or drop in the exchange rate within a very short period of time. The data shows normal fluctuations in the trading price, but none that fall drastically within or beyond the established minimum and maximum values.
It's important to mention that this is a simple analysis. For a more comprehensive understanding of this data, factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports should ordinarily be considered. However, as per the request, these factors were not taken into account in this analysis.