2024-04-22 Ngultrum News
2024-04-21
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
To analyze the given data set, it's best that we go through it in three steps: understanding overall trends, identifying recurring patterns (seasonality), and noting any significant outliers. Please note that this analysis does not account for external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports.Understanding the Overall Trend
From a broad perspective, the BTN exchange rate within the given timeline is generally stable with slight fluctuations. Standard deviation of the data is extremely low which suggests there isn’t a significant change in the value of BTN over this period.
Identifying Recurring Patterns
In terms of seasonality, it's difficult to identify a clear pattern just by analysing this data set without considering the times. The data is not giving any straightforward evidence about an intra-day or weekly pattern in the fluctuations.
Noting Significant Outliers
Given the overall stability of the exchange rate, any significant peaks or troughs could be considered outliers. However, these must be determined with a robust statistical test, which isn't included in the current scope of the analysis. Even so, the data doesn't present any extreme values that would likely classify as outliers. It is quite consistent with small fluctuations.
Please note that the fluctuations in the financial markets are highly dependent on numerous variables with complex interrelationships. Therefore, comprehensive forecasts require a more in-depth analysis and sophisticated modelling techniques.