2024-05-10 Som News
2024-05-09
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. Overall Trend of the Exchange Rates
Upon analyzing the time series data provided, the exchange rates of KGS appear relatively stable. The rates start at approximately 0.01553 and have minor fluctuations as the timestamps progress. There is a slightly increasing trend from 0.01553 to 0.01554, followed by a small drop back to 0.01553, and then another minimal increase to 0.01554. This small up and down movement continues in several cases throughout the timestamps. Therefore, it can be mentioned that there is no noticeable general increase or decrease over the period.
2. Seasonality or Recurring Patterns
In terms of seasonality or recurring patterns, due to the lack of significant variations or trends in the data, it's challenging to definitively identify any specific patterns. The small increases and decreases occur intermittently and don't seem to follow a particular, predictable pattern.
3. Outliers Identified
Considering the stable movement of the exchange rates, I did not identify any clear outliers or instances where the exchange rate differs significantly from the stable pattern. The minor fluctuations that do happen are part of normal market operations can be seen as noise rather than outliers. As the dataset provided is very stable, I can confidently say there is no significant variation or anomaly.
In general, it's important to remember that exchange rates are affected by numerous factors, from macroeconomic variables to geopolitical incidents, to investor sentiment and many more. Hence, time series analysis of these rates without considering these external factors may limit the comprehensiveness or accuracy of the analysis, even if it's currently not within the requested scope of work.