Limping Lesotho Loti Microscopic Movements in Exchange Rate Unveil Market Anxiety
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
Overall Trends in Exchange Rates
The overall trend of the exchange rate shows fluctuation that can be considered mild correlation with time. The LSL exchange rate stays within a small range of 0.07124 - 0.07154. Despite the slight ups and downs, it appears that the rate remains relatively stable throughout the day, with no clear pattern of increasing or decreasing.
Seasonality and Recurring Patterns
Within this dataset, there doesn't appear to be a significant seasonality or recurring patterns in the changes of exchange rates. Because the data only represent around a single day, it is hard to tell if there are daily, weekly, or monthly patterns. The lack of a strong upward or downward trend suggests that the rate could be independent of the specific time of the day.
Outliers in the Data
While there are periods with slight peaks and troughs, there doesn't appear to be any instance where the exchange rate differs significantly from the overall trend that emerges from this data. Outliers, if any, are minor and do not disrupt the general stability of the exchange rate. Throughout the day of this dataset (April 23, 2024), the rate fluctuates within a very narrow range, merely a 0.0003 deviation from the maximum and the minimum.
Remember, this analysis is done over a relatively stable single-day dataset range. The trend, seasonality, and outliers could vary significantly if considering a dataset over more extended periods.