2024-04-17 Somali Shilling News
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
Overall trend analysis
Based on the provided data, we can see that the overall exchange rate (SOS) trends quite stably within the given timeframe. The data starts at a rate of 0.00242 and shows a slight initial dip to 0.00241 which is sustained for quite some time. After a while, the rate fluctuates back to 0.00242 and remains constant until the end of the given set of data. It can be expected that the general trend line of the exchange rates would be fairly horizontal, with a slight dip in the early stages.
Seasonality or recurring patterns Analysis
The provided exchange rate data doesn't seem to exhibit any clear pattern of seasonality or recurring trends based on the provided timestamps. The patterns do not show a clear repetitive or predictable change that might suggest a daily or otherwise regular cycle. The rates generally hover between 0.00241 and 0.00242 and any regular fluctuations are not apparent in this set of data.
Outliers Analysis
Given that the data fluctuates between just two rates - 0.00241 and 0.00242 - there are no outliers in the traditional sense. All the values are closely grouped, which suggests a consistent stability in the exchange rates for the given time frame. Since all the rates fall within a very narrow range without any significant peaks or troughs, outlier detection is not applicable here.
Remember, the interpretation of the trend, seasonality, and outliers are entirely dependent on the provided dataset and do not consider any external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Also, since no forecasting of future rates was requested, none has been included in this analysis.