Notable Fluctuations Unfold in the ANG Exchange Rate
2024-04-16
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Understanding the Overall Trend
After carefully analyzing the given ANG exchange rate data, it is apparent that the exchange rate across the provided timestamp does not have an enduring increasing or decreasing trend; it seems relatively stable overall. However, there are minor fluctuations. For instance, at 6:25 AM on 16th April 2024, the exchange rate soars to 0.76562 from 0.76264, marking a significant increase in a short span of time. Clearly, the rates have their highs and lows, albeit within a small range.
2. Identifying Seasonality or Recurring Patterns
In the given time-series data, it's hard to discern any solid seasonality or recurrent patterns just based on the raw values. The data seems relatively sporadic, subject to minute-by-minute fluctuations, and doesn't show any recognizable pattern repeating at specific intervals.
3. Noting any Outliers
Outliers in this data set would be points where the exchange rate differs significantly from most other points. While we do see some peaks and troughs in the data, there doesn't appear to be any drastic deviations, indicating the absence of any significant outliers. However, as mentioned before, there is a noticeable spike in the exchange rate around 6:25 AM on 16th April 2024, where the exchange rate jumps to 0.76562 from the previous value of 0.76264, which is a relatively substantial increase in a short time frame compared to other instances in the dataset.