2024-04-30 Yuan Renminbi News
2024-04-29
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Understanding the Overall Trend:
The dataset provided represents the movements of the CNY exchange rate over the given timestamps. Overall, the exchange rates exhibit a slight increasing trend over the period shown. If we closely observe the progression of the values, we notice that the exchange rate started at 0.18827 and ended at 0.1889, thus suggesting an upward trend in the exchange rate. However, the increase is relatively minimal, suggesting that the exchange rate was mostly stable during this period.
2. Identifying Recurring Patterns and Seasonality:
From the provided data, there is a lack of clear seasonality or recurring patterns in the exchange rate changes. The fluctuation in the rates seems to be random in nature, without any obvious periodicity. However, minute-to-minute or hour-to-hour analysis might reveal small trends or recurring patterns that aren't obvious in the broader overview. For a definitive seasonality analysis, the data would need to be decomposed into its trend, seasonal, and residual components.
3. Noting Any Outliers:
An outlier in a dataset is an observation that lies an abnormal distance from other values in a random sample from a population. In considering the provided time-series data, it's challenging to identify any outliers from the raw data directly because the variance is quite low and values seem to be closely packed around the trend. However, employing statistical methods and visualizations like box-plots could highlight any presence of outliers in the dataset.
In conclusion, the analysis suggests a very subtle increase in the CNY exchange rates, with values mostly hovering around a stable rate and no clear recurring patterns or seasonality within the data period. Additionally, no obvious outliers have been identified from the raw data provided.