2024-05-13 Loti News
2024-05-12
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 of the LSL Exchange Rates
The data set provided spans from April 12th, 2024 to May 10th, 2024. The exchange rate started at 0.07426 and ended at 0.07357 representing a marginal decrease over this period, hence there isn't a significant trend noticeable in the exchange rates. The highest value in dataset is 0.07458 which appeared on April 12th and the lowest value is 0.00121 which appeared on April 16th. Except this one instance, the exchange rate hovered mainly between 0.071 and 0.074.
Seasonality and Recurring Patterns
In the review of exchange rates across these dates, there is no clear seasonality or recurrence. The data provided is not long enough (approximately one month) to definitively establish a seasonal pattern or recurring cycles. However, there was an unusual decrease on April 16th, which could be worth exploring further.
Outliers in the Dataset
The most noticeable outlier in the dataset is the price of 0.00121 on April 16th. This instance is significantly lower than the rest of the data set, suggesting it could be an error or perhaps a momentary extreme market move. This should be confirmed since the rates recover by the next time period. The rest of the rates stay consistently within a narrow range between 0.071 and 0.074 so this instance stands out significantly.
Conclusion
This data represents a short span of time and within it, the LSL exchange rate primarily fluctuates in a narrow range. There doesn't appear to be a trend and with lack of data, we cannot conclusively speak to seasonality or cycles within this dataset. There is one significant outlier that requires verification or further context for understanding.