2024-04-23 Loti News
2024-04-22
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
Overview
The dataset is time-series data, representing changes in exchange rates at different time stamps. It covers a single day (2024-04-22), beginning at midnight and ending at just before midnight of the same day. This analysis aims to identify the overall trend of the exchange rates as well as any unusual occurrences or patterns.
Trend Analysis
Firstly, looking at the overall trend, the rates are generally stable with minor fluctuations. The exchange rate starts at 0.07169 at 2024-04-22 00:00:02 and ends at 0.07146 at 2024-04-22 23:55:02. This overall stability is regularly interspersed with slight increases and decreases, with the highest recorded rate being 0.07180 and the lowest being 0.07142.
Seasonality or Recurring Patterns
Given the sound level of change in the exchange rate and only a single day of data, it's challenging to identify a clear seasonal or recurring pattern. The slight fluctuations in the rates seem to occur at a regular pace throughout the day and no particular hourly pattern is discernible.
Outliers
Considering the data available, no significant outliers or instances where the exchange rate differs markedly from the general trend are observed. The differences between highest and lowest readings are relatively small and are consistent with fluctuations observed typically in exchange rates.
Limitation
While this analysis provides a good starting point, it's important to note that it's based on exchange rate data from a single day. For a complete understanding of trends and patterns, a larger dataset over an extended period would provide a better perspective. This larger dataset could then factor in weekly and monthly seasonality, the influence of specific business days, and the impact of economic events or financial news. However, such external factors were not considered in the current analysis as per the instructions.