2024-04-29 Malagasy Ariary 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
Data Analysis Result
Upon analysis of the provided time-series financial data, the following observations have been made:
1. Overall Trend
The overall trend of the exchange rate (MGA) appears to remain consistent throughout the data provided, remaining at a steady value of 0.00031, exception being on 15th April where it saw a slight increase to 0.00032 before falling back to 0.00031. This might imply a strong and stable currency or exchange mechanism during this timeline.
2. Seasonality/Recurring Patterns
Given the frequency of the timestamps provided, it is complicated to determine any firm seasonality or recurring patterns observable within the exchange rate data. The exchange rate neither looks to show any significant changes depending on the time of day nor does it show any noticeable weekly pattern. However, without data for an extended period or data that includes different seasons within the year, it might be premature to establish a definitive conclusion regarding seasonality.
3. Outliers
As per the observations, there seem to be two instances that could be considered as outliers in the data set. Both these instances are from 15th April and 16th April when the exchange rate briefly increased to 0.00032 from the more consistent value of 0.00031. These, however, return to 0.00031 shortly after and thus, while notable, might not be significant enough to impact the overall trend.
Finally, it’s important to note that despite being outside the scope of this particular analysis, factors such as market opening/closing hours, weekends/holidays, or the release of key financial news/reports could have a significant impact on the analysis and prediction of any future exchange rate trends.