2024-05-06 Pa Anga News
2024-05-05
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
Overall Trend Analysis
The data set provided represents the period of 5th of April to 3rd of May 2024. If we examine this period closely, a general downward trend can be observed with a periodic surge in exchange rates. At the start of the period under consideration, the exchange rate is approximately 0.572 and it gradually decreases to the 0.562 level towards the 29th of April. However, this significantly jumps back to approximately 0.57 on the 30th of April and then continuously decreases to approximately 0.575 as we approach the start of May.
Seasonality and Recurring Patterns
On closer inspection, it can be observed that the exchange rates tend to dip and rise again with regularity, indicating some form of seasonality or recurring patterns in the data. One key pattern that could be identified is the cycle of a slight rise during the first half of the day, then a gradual decrease in exchange rates during the second half of the day. This pattern repeats on a daily basis throughout the duration of the dataset.
Outliers Identification
The significant jump observed on the 30th of April, from approximately 0.562 to approximately 0.577, stands out as an outlier, indicating a significant change in the exchange rate that is not in accordance with the general trend or seasonal pattern observed. Other minor outliers are also present where there is a sudden increase or decrease in rates throughout the dataset, but none as drastic as the one on 30th April.
It is important to note that these observations and conclusions are made solely based on the analysis of the data set provided and do not factor in external events or conditions that might affect exchange rates, such as weekends/holidays, market opening/closing times, or key financial news and reports. Further, the analysis does not predict future rates.