Unwavering Stability Despite Fluctuations
2024-03-12
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Overall Trend Analysis
Overall, it can be observed that the exchange rate value remains relatively stable. The value ranges from 0.01226 to 0.01233 throughout the timestamps provided. We see a slight decrease in the exchange rate at 2024-03-12 05:15:02 to a value of 0.01226, down from 0.01227. The rate then increases to 0.01228 on 2024-03-12 06:45:02, marking the highest point in this whole series. After that, it remains at a plateau until 2024-03-12 19:05:03 where we have a new decrease to 0.01228. Then at timestamp 2024-03-12 21:05:02, it decreases to a minimum value of 0.01228 and remains at around that value until the end of the series.
2. Seasonality and Recurring Patterns
Given that the dataset only represents around one day's worth of time, it may be challenging to identify clear seasonality or recurring patterns in this dataset. Furthermore, the dataset appears to be relatively stable, exhibiting little fluctuations within such short-term intervals. Consequently, discerning a recurring pattern would require more data across multiple days or weeks.
3. Identifying Outliers
With regard to outliers, the data doesn't seem to contain significant variations that would suggest the presence of such observations. The data maintains a certain range without sharp spikes or drops, which suggests the absence of noticeable outliers. That being said, the slight drop to 0.01226 around 2024-03-12 05:15:02 and the corresponding rise to 0.01228 at 2024-03-12 06:45:02 could potentially be identified as tiny outliers. However, given the stability of the overall data, the deviation is minimal and within an acceptable range.
Please note that this analysis is done based on the values in this specific dataset and any inference can change if more data is included. In order to conduct a more comprehensive analysis or to detect further trends, seasonality, and outliers, it would be beneficial to have access to a larger, more diverse dataset.