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Python for Finance

You're reading from   Python for Finance If your interest is finance and trading, then using Python to build a financial calculator makes absolute sense. As does this book which is a hands-on guide covering everything from option theory to time series.

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Product type Paperback
Published in Apr 2014
Publisher
ISBN-13 9781783284375
Length 408 pages
Edition 1st Edition
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Author (1):
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Yuxing Yan Yuxing Yan
Author Profile Icon Yuxing Yan
Yuxing Yan
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Table of Contents (14) Chapters Close

Preface 1. Introduction and Installation of Python FREE CHAPTER 2. Using Python as an Ordinary Calculator 3. Using Python as a Financial Calculator 4. 13 Lines of Python to Price a Call Option 5. Introduction to Modules 6. Introduction to NumPy and SciPy 7. Visual Finance via Matplotlib 8. Statistical Analysis of Time Series 9. The Black-Scholes-Merton Option Model 10. Python Loops and Implied Volatility 11. Monte Carlo Simulation and Options 12. Volatility Measures and GARCH Index

Summary

In this chapter, we learned how to install Python and other related issues, such as how to launch and quit Python, whether Python is case sensitive, and a few simple examples. Since it's a simple and straightforward explanation, any reader who is new to Python could easily download and install Python in a few minutes. After that, they could try a few given examples. We also offered a brief introduction as to why we adopt Python as our computational tool, and what the advantages and disadvantages are of using Python.

In the next chapter, you will learn some basic concepts and several frequently used Python built-in functions. We will demonstrate how to use Python as an ordinary calculator to solve many finance-related problems. For example, we could estimate the present value of one future cash flow, the future value of one cash flow today, the present value of a perpetuity, or the present value of a growing perpetuity. In addition, we will discuss the dir(), type(), floor(), round(), and help() functions.

You have been reading a chapter from
Python for Finance
Published in: Apr 2014
Publisher:
ISBN-13: 9781783284375
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