2024-05-06 Qatari Rial 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 dataset provided seems to depict slight variability over time but with no pronounced linear trend. From the start to the end, the financial time series oscillates within a relatively constricted range of values. In the early phase, the exchange rate appears to hover around 0.372 to 0.373. It then seems to increase up to approximately 0.382 before declining to a range of about 0.375 to 0.376 towards the end of the period. Notably, towards the middle of the given timeframe, there is a considerable increase in the exchange rate, which eventually drops. Despite these fluctuations, the trend seems to be primarily horizontal, suggesting a broadly stable exchange rate across the time series.
Seasonality Analysis
Given the data, we did not observe a clear seasonality or cyclical pattern at first glance. The exchange rate doesn't exhibit a noticeable periodic rise and fall pattern that could point to a certain intraday or interday seasonality. In this dataset, the variability appears more random than cyclically predictable. However, to determine seasonality more conclusively, more data or a more granular time frame (e.g., hourly data for an entire year) would be needed.
Outlier Analysis
From an initial overview, the data seems to exhibit a fairly consistent range, and there aren't any glaring deviations from the trend that could be easily identified as outliers. The most substantial spike observed is the spike upwards in the middle of the period which appeared to be part of a broader trend change rather than an outlier. The range is relatively narrow, which might indicate that the data is subject to less volatility and dramatic change. However, outliers, if any, could only be precisely identified after a statistical analysis.
It's important to understand that this is a relatively cursory exploration of these time-series data, and deeper analysis may reveal nuances not immediately apparent.