2024-05-01 Loti News
2024-04-30
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the Overall Trend
By first glance, there appears to be an overall increase in the exchange rates from the start to the end of the period shown. The rate starts at around 0.07268 and ends at 0.07322. This represents a slight increase. However, there are many fluctuations within this period. Therefore, while the overall trend seems to be upward, this does not mean the rate consistently increases.
Identifying Seasonality
In terms of seasonality or recurring patterns, it's difficult to establish them clearly from the data provided. The data does not span a sufficient length of time for significant trends based on the time of year or season to emerge noticeably. Conclusive interpretations concerning monthly or quarterly seasons may not be accurate based on this data. Longer time horizons might be required for such an analysis.
Noting Any Outliers
Lastly, regarding outliers in the dataset, the exchange rates remain within a relatively tight range throughout the entire period. The biggest jump occurs between 0.07299 at "2024-04-30 09:50:03" and 0.07374 at "2024-04-30 10:20:02". This change is significant compared to the other changes in the dataset and might deserve further investigation.
Conclusion
The dataset presents the time-series changes in exchange rates for a specific currency pair over a specified time period. Although there is an overall increasing trend in the exchange rate, this increase is not consistent, with the rate fluctuating back and forth over the period under review.