2024-05-08 Pataca News
2024-05-07
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Understanding the overall trend of the exchange rates
From the provided dataset, several conclusions can be made about the overall trend of the MOP exchange rate. If we evaluate the data chronologically from its beginning to the end, it can be observed that the exchange rate represented a mostly consistent level with minor fluctuations all throughout. This indicates a relatively stable market for the MOP during this time.
2. Identifying any seasonality or recurring patterns
Upon evaluating the data, regular patterns or seasonality are not apparent within this dataset. The MOP exchange rate remains relatively stable without showing clear signs of any predictable and recurring patterns or fluctuations that are tied to a specific time-based factor such as hour of the day, day of the week, etc.
3. Noting any outliers
When examining the data provided, there is no observable occurrence of significant outliers. In other words, there are no instances where the exchange rate experiences an abrupt and notable increase or decrease which differs significantly from the general stable pattern.
The lack of outliers, recurring patterns or any notable upward or downward trend in this time-series data may suggest that the specific factors (like market opening/closing, holidays, or financial news) affecting MOP exchange rate during this timeframe were minimal or stabilized. However, it's important to note that solid conclusions about external factors should be made with caution as they are not considered in this analysis.