2024-04-24 Swiss Franc News
2024-04-23
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overview of the Exchange Rate Trend
From the data provided, there seems to be a slight downward trend in the exchange rate over the period. We start with an exchange rate of 1.50163 at the starting timestamp (2024-04-23 00:00:02) and end with an exchange rate of 1.49887 at the final timestamp (2024-04-23 23:55:02). However, this trend is not linear, with variations observed throughout the period.
Seasonality and Patterns
Upon observing the data, there seem to be minor fluctuations in the exchange rate across different time periods within a day. However, a detailed hourly or minute-wise analysis would help identify more granular patterns or seasonality, which is not apparent right now. This requires advanced time-series analysis methods than what can be visually gleaned from the data, such as autocorrelation analysis.
Identifying Outliers
Outliers are typically defined as instances where the exchange rate differs significantly from the trend. In this dataset, some possible outliers could be observed but without concrete statistical analysis, it's hard to define them as definitive outliers. A more data-driven approach could utilize methodologies such as the Interquartile Range (IQR) method or the Z-Score method to statistically define and identify outliers.
It should also be noted that exchange rates can be influenced by many factors including economic indicators, geopolitical events, and market sentiment, making 'unexpected' fluctuations not so uncommon.