Notable Stability in SYP Exchange Rates Remark Remarkable Market Characteristic
2024-04-17
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Comprehensive Analysis of the SYP Exchange Rates Dataset
Upon reviewing the provided dataset, the following observations were made:1. Overall trend of the exchange rates
The SYP exchange rate was completely stable throughout the entire period. At every given timestamp, the rate was observed to be 0.00055, with no variation whatsoever. There was no instance of a decrease or an increase. Consequently, the overall trend can be seen as a flat line at the level of 0.00055.
2. Seasonality or recurring patterns
In terms of patterns or seasonality, it's hard to ascertain due to the constant rate of 0.00055 throughout the dataset. In normal circumstances, such an analysis would involve checking if there are repeated trends or movements during certain periods. However, there were no fluctuations in the exchange rate to study such a pattern in this case.
3. Outliers
Given the constant rate in this dataset, there are no apparent outliers. Given that an outlier would need to consist of a significant and abnormal deviation from a central pattern or trend, and that such a trend or pattern does not exist in this dataset, it can be confidently concluded that there are no outliers in this particular dataset.
Note: The above analysis is solely based on the numerical data provided, without considering any external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news, and did not generate any forecasts for future rates.