2024-05-09 Loti News
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2024-05-08
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 Trend of the Exchange Rates
From a preliminary examination of the dataset, it seems that the overall trend of the LSL exchange rate has seen a minor variation. The rate started at a base point of 0.07442 on 8th May 2024 at 00:00:02, and ended at 0.07387 on 8th May 2024 at 23:55:02. Thus, a minute depreciation in exchange rate can be noted over this period. Although the variation is nominal, it is indicative of a slightly depreciating trend for this specific period.
Recurring Patterns and Seasonality
Regarding recurring patterns or seasonality, it isn't evident from the dataset provided. Time-series data over a single day is insufficient to assess any seasonal variation in exchange rates. Typically, patterns like these are observed over more extended periods like months or years. To identify any day-to-day pattern like intra-day seasonality, a larger dataset spanning multiple days or weeks would be needed.
Outliers in the Dataset
To note any significant outliers in the exchange rate, a more in-depth statistical analysis would be required, which may include creating a box plot or using a statistical method to detect anomalies. From a cursory glance at the data, we don't notice any drastic fluctuations in the exchange rates. If there were any significant spikes or drops in rates within a short period, they would be considered outliers.
Additional Notes
Please note that this analysis is purely based on the dataset provided and does not take into account other possible factors, such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Analyzing this data in conjunction with such factors could potentially provide further valuable insights into the behavior of these exchange rates.
![LSL Exchange Rate Undergoes Minor Fluctuations Throughout the Day](http://currencymart.net/images/news/loti/2024-05-09/img-d91eW1nXFsr1CWNnZ2L8NxOb.webp)