2024-05-08 Unidad de Fomento News
2024-05-07
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 time-series data provided shows changes in CLF exchange rates from 2024-05-07 00:00:02 to 2024-05-07 23:55:02. An overall trend observed from the data is that the exchange rates have somewhat fluctuated throughout the time period shown. The highest recordedexchange rate was 40.66198 at 2024-05-07 08:05:03 and a lowest was 40.23335 at 2024-05-07 10:00:03. Though the dataset indicates an overall somewhat upward trend in the long term, there seems to be considerable volatility in the short term.
Seasonality and Recurring Patterns
There appears to be some degree of seasonality within the data. The exchange rate has followed a slight upward trend during the early hours from 00:00:02 to 07:30:03. After a significant drop at 07:30:03, the exchange rate continued dropping until around 10:00:03. The late hours of the day were generally marked by a slight upward trend, with some volatility. Furthermore, the exchange rate demonstrated a pattern of sharp decline and subsequent recovery during 08:35:03 - 09:25:03, implying an occurrence of transactional activities. However, without additional data for recurring patterns on perhaps a daily or weekly basis, it is difficult to confirm the existence of a clear seasonal trend.
Outliers
There are certain instances within the data that can be categorised as outliers. An instance is at 2024-05-07 07:30:03 wherein there is a considerable drop in the exchange rate (40.56795), deviating widely from the previous trend. Similarly, at 09:25:03, the exchange rate drops significantly to 40.41384. These variations could have been due to a variety of factors such as fluctuations in demand and supply, significant market news or unforeseen market activity. Notably, the day ended with a somewhat upward trend in line with the general pattern observed during the daytime.
Please note that this analysis has been conducted without considering any external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. These factors could have a significant impact on the exchange rate and may be worth including in a more detailed analysis.