2024-05-01 Tunisian Dinar News
2024-04-30
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
From the provided data, it appears that there are slight fluctuations in the exchange rates over the selected timeframe. However, the overall trend seems to be incrementally increasing. It starts from 0.43516 and ends at 0.43758, providing a net positive change. One notable aspect is that the increments and decrements occur in a relatively steady variation, which indicates a quite stable economy during this period.
Seasonality or Recurring Patterns
It's difficult to definitively conclude on the seasonality or recurring pattern in the exchange rates without additional comparative data. However, the constant slight upward and downward fluctuation might suggest a daily pattern where the exchange rate tends to rise and fall in small increments. This needs to be validated with a larger dataset covering long-term data, possibly including the same day of the past years.
Outliers
In this data set, no distinctive outliers are noticeable where the exchange rate differs significantly from what would be expected based on the trend. We identify outliers as those observations that fall far from the majority of other observations in the dataset. Nevertheless, proper statistical analysis, such as calculating z-scores or using the IQR method, is needed to accurately identify any potential outliers.
Note
The above analysis is purely based on the provided dataset without taking into account any external factors such as market-opening/closing hours, weekends/holidays, or the release of key financial news. As requested, no forecasting has been attempted for future rates.
