2024-04-19 Ngultrum News
2024-04-18
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 of the Exchange Rates
From the dataset provided, an overall analysis shows that the exchange rate of BTN remained relatively stable throughout the specified timestamp. Initialley, startng from 2024-04-18 00:10:02, the rate was at 0.01649 until minor fluctuations were seen around 2024-04-18 00:45:02 with a slight decrease to 0.01648. The rate further dipped to 0.01647 around 2024-04-18 01:25:02 and then again maintained a regularity around 0.01648 and 0.01649 for a substantial period.
There was a noticeable slight increase at 2024-04-18 05:30:02, marking the peak rate at 0.0165, which again kept fluctuating between 0.01649 and 0.0165 for a regular interval. The rate then showed a noticeable dip to 0.01646 around 2024-04-18 06:55:02 and 2024-04-18 07:05:02. This continued until a sharp nosedive to 0.01643 around 2024-04-18 20:05:03.
Recovery was seen again at 2024-04-18 20:35:03, attaining a stability between 0.01645 to 0.01649. Around the end of the timeframe, the rate again took a slight dip to 0.01643.
2. Identifying Seasonality or Recurring Patterns
The data does not exhibit a clear seasonality or recurring pattern at first glance. Slight drops or increases in the exchange rates do not occur systematically at particular timestamps and they happened at irregular intervals.
The exchange rates mostly fluctuated between 0.01649 and 0.01648, with short periods of minor dips and peaks. However, a slight trend of an increase near 0.0165 is visible around approximately the same hours of 5:30 and 20:35, but the pattern is too irregular to establish a solid recurring pattern or seasonality.
3. Note on Potential Outliers
Identifying true outliers in this dataset is challenging, as the exchange rates stayed within a limited range of 0.01643 to 0.0165 throughout the provided time range. Therefore, all fluctuations can be considered as normal minor fluctuations in exchange rates rather than notable outliers.
However, the sharp fall in rate to 0.01643 around 2024-04-18 20:05:03 could be flagged as potential outliers as it marks the lowest exchange rate in the provided time bracket, which follows a period of relative stability.