2024-05-14 Swiss Franc News
2024-05-13
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
Overall Trend
The provided time series data of CHF exchange rates indeed shows a distinct trend. From the initial observations at the beginning of the time series to the final observations, there is a very clear downward progression in the rates. That is, the exchange rates are generally decreasing over the time period shown. However, it should be noted that while the general trend is decreasing, there are numerous short-term fluctuations in both, upward and downward directions.
Seasonality and Recurring Patterns
Although the time series data does not cover multiple years to conclusively determine annual seasonality, other forms of recurring patterns can be observed. The fluctuations within specific day can be considered as intra-day patterns. However, the data seems to lack any consistent, significant intra-day pattern.
Outliers
While extracting information about outliers from time series data can be challenging without a rigorous statistical analysis, few observations in the data provided do show significant deviations from the general trend. These can be considered as potential outliers. However, it's important to note that these outliers could be due to sudden tectonic financial events or instrumental errors and without additional information, it’s not possible to conclude what caused these potential outliers.
Please note that these findings are based on observation and broad analysis rather than specific statistical testing or hypotheses tests.
