2024-04-30 Lithuanian Litas News
2024-04-29
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
Analysis of Exchange Rates for the Given Time Series Data
The provided dataset is a time series of exchange rates (in LTL) at different timestamps. The data spans over a 24-hour period for a given day – April 29, 2024.
Overall Trend
The first step of the analysis involves understanding the overall trend of the exchange rates. From the given dataset, the LTL exchange rate gradually increased over the course of the day. It started at 0.46186 and ended at 0.46337. The highest exchange rate of the day was 0.46342 while the lowest was 0.46186. Although slight fluctuations occurred throughout the day, the overall trend of the exchange rate was a steady increase.
Seasonality or Recurring Patterns
Identifying any seasonality or recurring patterns in the time-series data helps in understanding the stability of the exchange rates. From the given data, it can be observed that there are no clear repetitive patterns that suggest seasonality within the scope of the 24-hour period.
Outliers
Outliers are instances where the exchange rate differs significantly from its trend. The given dataset does not appear to have any extreme deviations (outliers). Despite fluctuations, the rate stays within a relatively stable range, which suggests no drastic volatility for the day.
It's important to note that this analysis does not account for external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. However, a deeper investigation that accommodates these factors would provide a more nuanced understanding of the exchange rate's behavior.