2024-04-23 Pataca News
2024-04-22
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
1. Overall Trend Analysis
Upon reviewing the dataset, it can be observed that the exchange rates tend to fluctuate within a relatively narrow range. An increasing trend appears in the data from 0.16954 to 0.17039. Though there are minor fluctuations, the rate generally returns to its original value. However, later there is a visible decrease in the rate towards 0.16955. Hence, it can be concluded that over the period shown, the exchange rate generally remained stable with minor fluctuations.
2. Seasonality or Recurring Patterns
As this dataset is only for a single day and does not cover enough period to clearly identify any seasonality or recurring patterns at a daily, weekly, or monthly level. However, during the day, we can somewhat observe certain volatility periods. For instance, the exchange rate tends to slightly increase around 00:25, 02:20, and 02:55, and it decreases around 06:25, 09:45, and 11:20. Although this can't be confirmed without data for more days.
3. Observations on Outliers
For this particular day, exchange rates seem to fluctuate within a very limited range, thus there were no significant outliers observed. The biggest drop happening at 06:25 from 0.17020 to 0.16988 could potentially be considered as a minor outlier due to its sudden drop. Again, without more comprehensive data, it remains challenging to determine if this rate differs significantly from what would be expected based on the trend or seasonality.
It's critical to note that because exchange rates are influenced by a wide range of factors including macroeconomic indicators, market sentiment, and geopolitical events, the trends observed in places are likely subject to change with different external conditions and events.