2024-05-10 Moroccan Dirham News
2024-05-09
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 Analysis
The dataset stretches over a period of one estimation day (from midnight on 2024-05-09 until midnight on 2024-05-10). The MAD exchange rate during the period ranged from a low of 0.13607 to a high of 0.1367. Based on observation, it showcases fluctuations throughout the day, with slight downward and upward patterns with a general trend of stability. No substantial increases or decreases were observed within this day, thus we can conclude that the rate remained fairly stable throughout this specific period.
Seasonality and Recurring Patterns
As the scope of data spans a single day, it's not feasible to comment on seasonality associated with data spread over months or specific seasons of the year. Nonetheless, on a micro-scale, looking at the intra-day patterns, there are slight fluctuations which might indicate specific market hours of higher or lower trading activity. However, further investigation with a larger dataset encompassing multiple days and hours would be needed to confirm any concrete intra-day seasonality.
Outliers Identification
While closely observing the dataset, it was noticed that there was a decrease in exchange rate, reaching a low point of 0.13607 at 13:55:02 and an increase reaching a high of 0.1367 at 21:20:02. Although these points don't appear to be extreme outliers as they don't deviate drastically from the other data points, their occurrence might be of interest, suggesting certain times or events during the day might have caused these lows and highs.
Note, in time-series data, outliers are usually identified using statistical methods such as standard deviation, Z-score, Box-Plots, etc. which are not considered here due to the request to only rely on observational identification.
