2024-05-08 Riel 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
Comprehensive Analysis
Before moving forward, it should be noted that the given dataset is homogeneous and no external factors (like weekends, market hours, news, etc.) are considered for this analysis.
Understanding the overall trend of the exchange rates
After close inspection of the provided dataset, it has been found that the exchange rates for KHR have remained constant over the given time period. The rate remained at 0.00034 throughout, without any signs of an increase or decrease. Therefore, we can say the exchange rate in the dataset is showing a stable trend.
Identifying seasonality or recurring pattern in the exchange rates
As the time-series data demonstrates the exchange rate staying the same value (0.00034) consistently across all timestamps, there is no observable seasonality or recurring patterns. In a usual context, seasonality would mean fluctuations that repeat over specific periods, typically a year. But in our dataset, such a pattern is absent due to consistent values.
Noting any outliers in the exchange rates
Outliers are usually defined as instances that differ significantly from the other observations in the dataset. Given that our dataset has a constant value of 0.00034 for the exchange rate over all timestamps, we can confirm that there are no outliers in this dataset.
In conclusion, the exchange rate of KHR has remained stable and constant throughout the entire timeframe in this dataset without any identifiable changes, patterns or outliers. This simplified and clean analysis would aid in understanding the stability trend, but may not necessarily reflect real world scenarios where numerous factors can cause fluctuations. But as per instruction, external factors or events and forecasts were not taken into account.
