2024-04-17 Trinidad and Tobago Dollar News
2024-04-16
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 of the Exchange Rate
Analysing the dataset, the overall trend of the TTD exchange rates across the observed period seems relatively stable. The rate begins roughly around the point of 0.20369 and ends relatively close to this at 0.20354. Despite several fluctuations between these points, the rates ultimately do not divert significantly from the range of around 0.2022 to 0.20406, thereby showing a stable pattern overall.
Seasonality and Recurring Patterns
Given that this is a 24-hour period, there might not be significant observable seasonal patterns as those are usually available at monthly, quarterly or yearly level. However, upon initial inspection, no noticeable recurring hourly patterns can be drawn from the provided set of observations. Any conclusions on intra-day seasonality would require a larger sample size that includes data from multiple days, preferably over several weeks or months. In the provided dataset, it appears that the data does not show significant hourly seasonality.
Discovering Outliers
Outliers are data points that differ greatly from the overall pattern. In this dataset, there are no distinct outliers that are immediately observable. Most values appear to fluctuate within the same average range. Recalling our range of around 0.2022 to 0.20406, the majority of the data points are well encapsulated in this range. No significant spikes or drops are detected in the given time period that would suggest the presence of outliers.
This analysis is based on the provided dataset and is strictly quantitative ignoring potential contextual factors such as market news, economic indicators, holiday seasons, etc.
