2024-04-16 Pataca News
2024-04-15
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Financial Time Series Analysis for MOP Exchange Rates
The given dataset represents a time series of the exchange rate (MOP). Through the analysis of this dataset, several insights were gained including the overall trend, seasonality or recurring patterns, and outliers in the exchange rate data.
Overall Trend of Exchange Rates
Upon evaluation of the MOP exchange rate data, it is observed that the exchange rate has mildly fluctuated while generally maintaining stability over the given period. There is no clear directional trend showing a consistent increase or decrease over the time period shown.
Seasonality and Recurring Patterns
Analysis of the data does not show a strong seasonality or recurring patterns. The exchange rate appears to vary largely randomly, with small fluctuations around a stable value. It reflects the inherent unpredictability and complexity involved in exchange rate movements which are influenced by a myriad of factors.
Outliers in the Exchange Rates
- There are few points where short-term spikes or falls occur. These moments can be seen as outliers as they differ significantly from the otherwise relatively stable trend of the data.
- For instance, a dip in the exchange rate can be seen around the timestamp 2024-04-15 20:05:03. However, the exchange rate rebounded quickly and returned to stability in subsequent moments.