2024-04-17 Pa Anga News
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
Overall trend of the exchange rates
The overall trend of the exchange rates throughout the day is somewhat stable with minor fluctuations. The exchange rate starts around 0.57812 in the beginning at 00:05 and ends the day at 0.57734 around 23:55. Minimal fluctuations in rate values are noticed and a similar rise and drop pattern is seen multiple times throughout the day suggesting it's more or less stable throughout the day.
Seasonality or recurring patterns
In terms of seasonality or recurring patterns, certain fluctuations can be seen during different time intervals. Various peaks and troughs can be observed throughout the day, but without a clear indication of a regular pattern. There isn't a consistent time where we could expect a substantial increase or decrease in exchange rates based on this data set.
Outliers
With regards to outliers, the dataset provided doesn't possess major deviations from the overall observed pattern. This concludes that there aren't many instances where the exchange rate differs significantly from the expected trend, suggesting an overall stability with a few minor fluctuations during this period.
While the analysis does not take into consideration external factors such as market opening/closing hours, weekends/holidays, and release of key financial news and reports, bear in mind these factors can potentially have a significant impact on the exchange rates and could explain some of the fluctuations seen in the data.
The dataset, however, does not deliver enough information to extract strong patterns or trend lines to predict future rates and the above mentioned analysis is based purely on the provided data.