2024-05-02 Lithuanian Litas News
2024-05-01
Summary of Yesterday
- 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 LTL
Considering the provided timestamped data for LTL exchange rate, the following observations, trends and patterns have been ascertained:
Overall Trend
Overall, the trend of the exchange rate over the course of the date seems to be fairly stable, albeit with minor flucuations visible. The rate starts off at approximately 0.46665 at the beginning of the day, with a slight peak at 0.46677, and then descends over the day, finishing off at around 0.46479. This suggests a very slight but gradual depreciation of the LTL's value over the course of the date represented in this data set.
Recurring Patterns
Within the course of the date, a clear pattern of oscillation is visible. The exchange rate appears to undergo a period of increase followed by a period of decrease, indicating possible intraday trading volatility. It can be noticed that smaller peaks and valleys seem to occur more frequently during certain hours.
Outliers
Given the relatively stable nature of the data, there are no glaring outliers. However, the highest value of the day (0.46677) and the lowest value of the day (0.46423) could be considered as mild outliers.
Please note that this analysis is purely descriptive and based on the numerical trends visible in this particular data set. Other exogenous factors such as news events, policy changes, market sentiment, and broader economic trends can play a significant role in driving exchange rates and are not reflected in this analysis.