ANG Exchange Sees Dramatic Fluctuations
2024-04-23
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 Exchange Rates
Visually observing the data shows some fluctuations in the exchange rates over the timestamps provided. An initial glance at the data suggests that the exchange rate starts at 0.76066, and ends at 0.76225. This indicates a slight increase in the value over this period. However, the change is not entirely linear, with some periods of increase and decrease in between. We would need to plot this data over time or perform a statistical analysis, such as a trend decomposition, to more accurately describe the trend.
Seasonality and Recurring Patterns
Whether there are seasonal patterns or other recurring fluctuations in the exchange rates is hard to determine merely by looking at the data. We would generally expect such patterns in financial data due to regular events like market hours, weekends, and the release of key financial news or reports. However, since the request specifically asked not to include these factors in the analysis, we are left to analyze purely the numbers themselves for any inherent pattern. A deeper analysis like autocorrelation or Fourier Analysis might help detect hidden periodic patterns.
Notable Outliers and Variances
The most obvious outlier in the dataset is the jump from 0.75878 at timestamp 2024-04-23 20:00:03 to 0.7619 at timestamp 2024-04-23 20:05:02. The subsequent data continues around this new level, showing that this was not just a quick spike. This indicates there was a significant change in the market at this point, although the constraints of the analysis prevent us from investigating this further. Beyond this, the data appears relatively stable with minor fluctuations around the increasing trend.
