2024-05-09 Riel News
2024-05-08
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 Exchange Rates
The data provided lists constant exchange rates at regular intervals throughout the date provided - May 8, 2024. As per the given data, the rate remained constant, i.e., 0.00034 throughout the entire day. As there is no change observed in the exchange rate over the provided time period, it could be inferred that the rates have remained stable on this particular date.
2. Identifying Seasonality or Recurring Patterns
Usually, in financial time-series data, there might have patterns arising from regular market activity, weekdays/weekend changes, or recurring financial events. However, according to the given data for the specific date - May 8, 2024, the exchange rate remained consistently at 0.00034 throughout the day. Hence, there isn't any seasonality or recurring pattern apparent in this particular dataset. It would require a more extended period data to identify any seasonality or recurring patterns in exchange rates.
3. Identifying Outliers
An outlier in a distribution is a number that is distant from any other number in the distribution. In the context of this analysis, it would be a value that is significantly different from the other exchange rates. However, based on the provided dataset for May 8, 2024, the exchange rate has been consistently the same at 0.00034 throughout the day without any fluctuations. Hence this implies that there are no outliers existing in the data for this particular date.
In conclusion, the data provided for May 8, 2024, has no significant changes in the exchange rates, no apparent or visible periodicity, and no outliers. It might require a more varied or extended time-series dataset to make a comprehensive analysis.