2024-04-24 Tala 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
Overall trend
The exchange rate (WST) over the period shown seems to vary in a narrow range, from approximately 0.4870 to roughly 0.4891. However, notably, the overall trend seems to be slightly downwards, with the highest rate observed more frequently at the beginning of the dataset and the lowest rates found more towards the end of the dataset. Therefore, the trend of WST exchange rate during this period appears to be moderately depreciating, although the maximal change is less than 0.5%.
Seasonality or recurring patterns
At first glance, there doesn't appear to be a pronounced seasonality or a consistent repeating pattern discernible within the dataset. The exchange rate fluctuations seem to be largely random. It's also important to note that the dataset spans less than a day in total (from the first timestamp at 00:00:02 through the last timestamp at 23:55:02 on the same day), which limits the scope to identify any daily or hourly seasonality patterns.
Outliers
Given the relatively narrow range of the WST exchange rate changes observed over this timeframe, the dataset does not appear to present stark outliers. However, certain times seem to show minor, but still noticeable deviations from the overall trend. For instance, there are several moments throughout the period when the exchange rate spikes or drops briefly before returning closer to the overall trend. Without additional context or knowledge of specific external events, it's difficult to definitively classify these instances as outliers.
In conclusion, the provided dataset showcases a mild downward trend in the WST exchange rate over the course of a single day, with small fluctuations around this trend and the absence of clear seasonality patterns. Notably, this analysis is purely quantitative and based solely on the provided dataset; as requested, it does not account for any specific external factors or events, nor does it provide a forecast for future rates.