2024-04-19 Silver News
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
Overall trend of Exchange Rates
By observing the data, we can note that the XAG exchange rate has seen some fluctuations over the recorded time stamp. From the start point, there seems to be a general upward trend until around 16:55 on 2024-04-18, where it reached a peak of around 39.85493. From that point on, the rate experienced a significant drop, reaching the lowest point around 22:10 on the same day, at a rate of 38.83948. Thereafter, the rate began to slowly increase again, but it never reached the peak as at the start of the time period.
Seasonality or Recurring Patterns
From the provided data, it's hard to identify any clear seasonality or recurring daily patterns due to the limited time scope of the dataset, which covers only a single day. A longer time period, like monthly or yearly data, would be more helpful in determining any seasonality or recurring patterns.
Notable Outliers in Exchange Rates
There are a few notable outliers in the dataset. The most significant ones being the extreme peak of 39.85493 at 20:50 on 2024-04-18 and the subsequent sharp decline to 38.83948 by 22:10 on the same day. These events may crop up due to variety of factors, but without any additional data or context, it's hard to provide a concrete explanation for these occurrences.
Please note that although comprehensive, this is a generalized analysis based solely on the dataset provided. For the most accurate and informative understanding of financial trends, it's always recommended to consider additional factors such as economic climate, market conditions, and key financial events.