Unwavering Stability Observed in RSD Exchange Rates
2024-04-18
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 the Rates
Based on the provided dataset, it seems that the exchange rates (RSD) are relatively stable over the period with minor fluctuations. The rate stayed around the value of 0.01254 for a significant time, with slight increases and decreases on certain timestamps. There doesn't appear to be a clear upward or downward trend within the given period.
2. Seasonality and Recurring Patterns
Given the available data, it's somewhat challenging to identify explicit seasonality or recurring patterns. This is primarily because the fluctuations in the exchange rate are minor, and the data spans only about a day. With a broader dataset over weeks, months, or years, it would be easier to identify such patterns, especially if they correlate with specific times of the day, days of the week, or certain months.
3. Identifying Outliers
From the available data, there do not appear to be any significant outliers. Most of the exchange rates float around a central value (approx. 0.01254), with minor fluctuations up and down. No exchange rate in the given dataset ranges far from this central tendency of the data. However, an outlier analysis would be more meaningful with a larger dataset spanning a more extended period.
4. Consideration of External Factors
Though you've asked that external factors like market opening/closing hours, weekends/holidays, and the release of key financial news and reports are not taken into consideration, they typically have significant effects on exchange rates. Any comprehensive analysis in a real-world scenario would need to account for these factors. Such events might cause sudden and drastic changes, creating very noticeable spikes or drops in a time-series graph of the data.