2024-04-19 Pa Anga 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
Analyzing the provided data which gives exchange rate changes over time, a few key observations can be made:
1. Overall Trend of Exchange Rates
While the fluctuations are small and consistent, there still seems to be a slight upward trend. This means that over the entire period, the exchange rate somewhat increased albeit very slightly. It started at 0.57555 at the beginning and closed at 0.57616, showing a slight increase.
2. Seasonality and Patterns in Exchange Rate Changes
Though a deeper analysis with more data would provide more accuracy, the data does not show any specific pattern or seasonality in the changes. The rates fluctuate in a relatively consistent manner, without showing distinct cycles or patterns tied to the specific times of day or days of the week. The changes don't repeat a pattern that could be tied to a particular "season" in the traditional or business cycle sense.
3. Outliers and Unexpected Variations
Given the consistent and small changes in the rate throughout the period, there doesn't seem to be any significant outliers in this dataset. The exchange rate remains within a small range, implying that there aren't instances where the rate deviates significantly from the trend or any noticeable pattern. This trend exhibits minimal volatility in terms of significant spikes or dives.
Note: Deeper and more advanced statistical analysis methods like ARIMA, SARIMA, Prophet etc., could potentially reveal more insights and nuances about the data. Nevertheless, from the basic analysis of this limited dataset, we can conclude the observations laid out above.