2024-04-29 Loti News
2024-04-28
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
Our analysis begins with identifying the overall trend seen within the exchange rates. From the data provided, a general decreasing trend could be observed over the period of 29th March 2024 to the 26th April 2024. The rate value decreases from 0.07177 (29th March) to 0.07183 (26th April). However, there are small periods within this range where the rate increases or remains stable, hence it's not a consistent decrease.
Seasonality
Investigating seasonality or recurrent patterns within data is an important step to understanding any time series data. However, from the given set, it isn't evident that there is a clear seasonality pattern in the exchange rates during the observed time period. There are fluctuations in the rates, but they do not follow a discernibly consistent pattern across regular intervals.
Outliers
An important step in financial time series analysis is identifying outliers. These are data points significantly different from others, and can indicate anomalies or unexpected events. From our analysis of the provided data, there is one apparent outlier at the timestamp 2024-04-16 22:00:02, with an exchange rate value of 0.00121. This value significantly deviates from other readings and can be considered an outlier.
Summarily, further analysis with larger datasets may improve our observations in terms of the trend and seasonality of this exchange rate.