2024-05-08 Loti News
2024-05-07
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Insight 1: Understanding the Overall Trend
By taking a cursory glance at the provided data, we can see that the overall exchange rate has exhibited a slight increase over the time period in question. While there are many valuable insights to be garnered from here, as the initial rate was around 0.07403 and ended around 0.07442 reflecting a slow increasing trend. However, the rate remained largely around this range, implying relatively stable exchange rates over the period.
Insight 2: Seasonality and Recurring Patterns
While analyzing the given time-series data, no obvious seasonality or recurring pattern in the changes in exchange rates was found. The fluctuations in the values have no distinct pattern that indicates they're tied to a particular time frame such as daily or weekly. There maybe more subtle patterns and trends that are not as readily apparent, but comprehensive analysis of this data did not indicate any clear seasonal effects or cyclic behaviour.
Insight 3: Noting Significant Outliers
An interesting observation when exploring this dataset, was the absence of significant outliers. The data seems to be mostly distributed within a tight range and doesn’t show drastic fluctuations with extreme high or low spikes. This suggests that the LSL exchange rate has retained its relative stability over the course of period.
In conclusion, this dataset provides detailed chronological records of exchange rates enabling an in-depth understanding of historical changes and trends. However, for a more extensive analysis, complementary data detailing market conditions, policy factors or relevant world events would provide a richer context.