2024-05-06 Lithuanian Litas News
2024-05-05
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
Looking at the dataset thoroughly, we see that there's a slight but gradual increase in the exchange rate over the given period. From the initial value of 0.45951 on 2024-04-05 to the final value of 0.4635 on 2024-05-03, it's clear that there is an overall upward trend of the rates, even though there are instances of minor decrease and plateau periods.
Pattern and Seasonality
It's important to clarify that the analysis is being conducted without considering external factors like weekends, holidays, or market opening/closing times. During this period, there doesn't seem to be a clear recurring seasonality pattern in the changes of exchange rates that can be discerned from this data alone. This suggests the rates are, to a large degree, influenced by factors not present within the dataset.
Outliers
An anomaly noticed in data is the substantial jump in exchange rates that occurs on 2024-04-10 (from 0.45917 to 0.46222). However, as the rates seem to stabilize shortly after, this is considered an outlier as it doesn't align with the overall upward trend. Similar outlier can be observed on 2024-04-30 from the time stamp of 08:00:04 where value is 0.46514 and it jumps to 0.46606 by the time stamp of 14:00:03. Outliers such as these suggest the existence of external factors influencing the exchange rates, outside the scope of the information provided in this dataset.