Minor Fluctuations Observed in RSD Exchange Rate Over 24 Hours
2024-04-16
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Given the data provided, a comprehensive analysis of the trend, seasonality, and outliers in the dataset is as follows:1. Trend Analysis
Upon observation, the exchange rates in this dataset appear stable without any significant upward or downward trend. The data fluctuates subtly around 0.0125. After an initial dip between the time 00:00:00 to 00:00:02, the dataset maintains a consistent pattern throughout the timestamps.
2. Seasonality
In looking for seasonality or recurring patterns in the dataset, it could be seen that there were no noticeable patterns. The data seems to be fairly random and does not present any particular cyclical or seasonal variations. Given that the timestamps are in five-minute intervals, there might be a need for a longer time series to identify any seasonal patterns effectively.
3. Outliers Analysis
Outliers, or instances where the exchange rate significantly differs from expectations based on the trend or seasonality are usually interesting points of analysis. From a preliminary view of this data, no substantial outliers exist. All points seem to hover within a consistent range. The exchange rate stays between 0.0125 and 0.0126, and no data point diverges significantly from these figures.
Please note that this analysis is based purely on the provided data and does not take into consideration any external factors such as market opening or closing hours, any weekends or holidays that may coincide with these timestamps, or the release of any significant financial news and reports. In addition, no forecast for future rates can be generated from this analysis.