2024-05-01 Pula News
2024-04-30
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
From an initial overview, there is a slight increasing trend for the BWP exchange rate from 0.09972 up to 0.09985 over the first few hours of data received. This increase, however, appears to decline slightly before ranging between 0.097 and 0.09705 for the rest of the dataset. While there are fluctuations between high and low values, the initial increasing and subsequent slight decrease over the given period suggests that the exchange rates do not remain stable.
Identifying Seasonality
In terms of seasonality, it might not be possible to fully observe any seasonal trends due to the limited dataset. However, looking at the data, there seem to be periods of relative stability where the change between minimum and maximum rates is minimal, this tends to occur most often between the 45th minute and 55th minute of every hour. This could point to some potential periodic pattern. However, without data across multiple days or months, seasonal trends cannot be definitively confirmed.
Noting the Outliers
A significant drop can be seen between the 6:20 data point (0.09978) and the 6:25 point (0.0964). This is a substantial drop that breaks away from the trend and could be considered an outlier. Another instance can be observed at 10:20 (0.09679) where the exchange rate increases slightly, again going against the trend.
While these outliers could result from different factors, it is important to be cautious in drawing any conclusions from them, as they might not be indicative of any notable anomalies or predictive of future behavior. It's possible they could result from market volatility during the reported times or other factors not included in the dataset.
