2024-05-09 Vatu News
2024-05-08
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the Overall Trend of Exchange Rates
The overall trend of the exchange rate seems to be relatively stable. The exchange rate value mostly oscillates between 0.01156 and 0.01159. There are no evident prolonged periods of major increases or decreases when considering the entire dataset. It's crucial to note that the data's scope is limited to a single day, which may not reveal longer-term trends.
Identifying Seasonality
In this 24-hour dataset, there seem to be no overt reconizable patterns or seasonality. The times when the exchange rate shifts are quite dispersed and do not exhibit clear repetitive behaviours on an hourly basis. However, a broader dataset encompassing a more extended period might reveal different outcomes in terms of seasonality.
Outliers in the Dataset
The exchange rates in this dataset are very stable, with very small fluctuations. Henceforth, there are no significant outliers present in the data. All fluctuations are within a minute radius (0.01156 - 0.01159), and none of these values differ significantly from the overall mean to be considered as an outlier.
It's crucial to understand that these conclusions are based solely on this specific dataset, from 2024-05-08 00:00:02 to 2024-05-08 23:55:02. A different time frame or a longer period could give different trends and patterns.