2024-04-18 Trinidad and Tobago Dollar News
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
Overall Trend Analysis
After conducting an extensive analysis of the provided data, it is clear that the exchange rate of TTD has some fluctuation over the observed period. However, the overall trend seems to be relatively stable. The rate starts at approximately 0.20353 and ends at about 0.20315. While there are periods where the rate spikes or dips, there is no clear overall increase or decrease. All the fluctuations appear to occur within a limited range, indicating some degree of stability in the overall exchange rate.
Seasonality Analysis
Due to the limited timestamp range, it is hard to firmly establish seasonality within this data. Seasonality generally refers to regularly repeating patterns over a yearly period, while the data set spans less than a full day. With that said, there isn't a noticeable pattern within the dataset that repeats at regular intervals. But, with more extensive data spanning multiple days, weeks, or months, we might be able to find daily or weekly seasonality.
Outliers Identification
Upon analysis, outliers within this dataset are not immediately apparent. Given the relatively stable range of exchange rates, there is no one point that significantly deviates from the rest. There are small spikes and dips; however, these are trivial within the data's context. Thus, there is no significant instance where the exchange rate differs noticeably from the expected trend.
Note: As instructed, this analysis doesn't consider external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. These could potentially have a significant impact on the trends and patterns observed.