2024-04-29 Som News
2024-04-28
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Overall Trend of Exchange Rates
The series provided detail the movement of exchange rates over numerous days across multiple months. And it is observed that the rate fluctuates within a narrow band of 0.01509 to 0.01552, with slight increments and decrements across timestamps. This is indicative of a generally stable trend, with no sign of a clear ascending or descending direction within the time frame provided.
2. Seasonality and Recurring Patterns in Exchange Rates
On analyzing the time series data, one important trend noticed is that on a day-to-day basis, there's small oscillations in the exchange rate. However, these fluctuations do not form a clear cyclical pattern and appear to be somewhat random in nature. There is no discernible weekly, monthly, or other recurring seasonality within the dataset. The absence of a definitive pattern suggests the exchange rates might be influenced by more irregular factors not featured in the dataset.
3. Outliers in Exchange Rates
With respect to the narrow range within which rates fluctuate, no outlier can be accurately identified without precise statistical analysis. By observational assumption, any value that falls significantly outside the range of 0.01509 to 0.01552 could be considered an outlier. In this dataset, no such values are present. Hence, all values seem to be moving uniformly along the defined path, hinting towards a lack of extreme volatility during the period.