Resources for developers using Python for scientific computing and quantitative analysis
Pandas is a great tool for time series analysis of financial market data. Because pandas DataFrames and Series work well with a date/time based index, they can be used effectively to analyze historical data. By financial market data, I mean data like historical price information on a publicly traded financial instrument. However, any sort of historical financial information can be analyzed.
Blankly is an elegant python library for interacting with crypto, stocks, and forex for in a consistent and streamlined way. Now, no more reading API or struggling to get data. Blankly offers a powerful feature-set, optimized for speed and ease of use, better backtesting, and ultimately better models.
We’re bridging the gap between local development systems & live APIs by building a framework which allows backtesting, paper trading, sandbox testing, and live cross-exchange deployment without modifying a single line of trading logic.
Reddit has been at the epicenter of one of the biggest movements in the world of finance, and although it seemed like an unlikely source of such a movement — it’s hardly surprising in hindsight.
The trading-focused subreddits of Reddit are the backdrop for a huge amount of discussion about what is happening in the markets — so it is only logical to tap into this huge data source.
When building a data extraction tool like this, one of the first things we need to do is identify what the data we’re extracting is actually about — and for that we will be using named entity recognition (NER).
In this article the author uses Reddit sentiment data to inform trading strategies. He derives market sentiment in two ways using the wallstreetbets subreddit:
We’ll demonstrate the usage of concurrent HTTP requests by fetching prices for stock tickers. The only third party package we’ll use is httpx. Httpx is very similar to the popular requests package, but httpx supports asyncio.
The price of energy changes hourly, which opens up the possibility of temporal arbitrage: buying energy at a low price, storing it, and selling it later at a higher price. To successfully execute any temporal arbitrage strategy, some amount of confidence in future prices is required, to be able to expect to make a profit. In the case of energy arbitrage, the constraints of the energy storage system must also be considered. For example, batteries have limited capacity, limited rate of charging, and are not 100% efficient in that not all of the energy used to charge a battery will be available later for discharge.
In this post we will explore how to download fundamentals data with Python. We’ll be extracting fundamentals data from Yahoo Finance using the yahoo_fin package. For more on yahoo_fin, including installation instructions, check out its full documentation here.
Predictive model to correctly forecast future trend is crucial for investment management and algorithmic trading. The use of technical indicators for financial forecasting is quite common among the traders. Input window length is a time frame parameter required to be set when calculating many technical indicators.
This article summarizes how to clean up messy currency fields and convert them into a numeric value for further analysis. The concepts illustrated here can also apply to other types of pandas data cleanup tasks.
The purpose of this article is to introduce the reader to some of the tools used to spot stock market trends.
We will utilize a data set consisting of five years of daily stock market data for Analog Devices. The time period we consider starts on January 1, 2013 and ends on December 31, 2017. We will start analyzing the data using line plots, then introduce candlestick charts. Patterns that can be seen in the candlestick chart will be introduced which can be used to spot changes in the market. We add another of level analysis by overlaying moving averages and discussing how these can help confirm trend changes. Finally, we construct a figure that concisely summarizes the stock price data for any company.
