Swiss Franc Exhibits Notable Fluctuations Amidst Market Volatility
2024-04-29
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Trend Analysis
Observing the exchange rates from the dataset, the rates fluctuated between 1.49596 and 1.50175 throughout the period. The rate appears to exhibit an upward trend, starting around 1.49778 and ending around 1.50122. However, this increase is very marginal, showing that rates remained relatively stable over the period shown.
Seasonality and Recurring Patterns
The volumes of changes do not look to exhibit apparent seasonality or recurring patterns within the day. However, without knowledge of the actual day of the week for each timestamp, it is hard to identify any weekly recurring trends or patterns. As this is intraday data, any observed patterns or trends could be attributed to the routine cycles of market opening and closing hours where trading volume might dictate these changes.
Outliers Analysis
If an outlier in this case is defined as a significant departure from the previous observation, such instances are quite numerous. However, these are probably due to the nature of exchange rates, which can be very volatile and move up or down significantly due to various factors. It is not apparent from the data set alone that there are any outliers that deviate significantly from an overall trend or pattern.
In summary, while there is a very slight upward trend in the exchange rates over the period, they largely remain stable. No clear seasonality or recurring patterns were identified, and while there were numerous fast movements, no outliers were noticed when viewing the trend as a whole. All of this does provide a snapshot into the behavior of this exchange rate but would need to be supplemented with additional data to generate a comprehensive view.
