2024-05-10 Yen News
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2024-05-09
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Data Analysis Overview
Based on your request, the time series analysis of the given dataset includes assessing the overall trend, identifying any recurring patterns, and spotting any outliers that exist. It is important to note that this analysis will not consider any external factors such as market opening/closing hours, weekends/holidays, or release of key financial news and reports.
Understanding the Overall Trend
From the timestamps given, there is a slight decrease in the exchange rates over the period. The rates started at 0.00882, and ended at 0.00879, indicating a small downtrend of the JPY exchange rates over this specific period.
Identifying Any Seasonality or Recurring Patterns
At first glance, it might seem like the exchange rates are relatively stable with minimal fluctuation. However, taking a closer look, there seems to be a slight downward trend. One way to find out if there is a recurring pattern would be to examine the data for any consistent changes in the exchange rate at regular intervals. Unfortunately, this dataset isn't showing any clear pattern of decreasing rates at specific periods.
Noting Any Outliers
In terms of outliers in this dataset, the exchange rates stick quite closely to a range of 0.00881 to 0.00879 over the entire period. The lack of extreme values in the exchange rates indicates that there are no significant outliers in this dataset.
Conclusion
In conclusion, the JPY exchange rates represented in this dataset display a slight downward trend with minor fluctuations. There are no apparent outliers or seasonal patterns within this specific timeframe. Further analysis may be required to understand the factors causing the decreasing trend.
![Unsettled Stability Waves Over JPY Exchange Rate](http://currencymart.net/images/news/yen/2024-05-10/img-fSjSPdfUQQg7ntpfJiktEOQq.webp)