Search icon CANCEL
Arrow left icon
Explore Products
Best Sellers
New Releases
Books
Videos
Audiobooks
Learning Hub
Conferences
Free Learning
Arrow right icon
Arrow up icon
GO TO TOP
Python for Finance

You're reading from   Python for Finance Apply powerful finance models and quantitative analysis with Python

Arrow left icon
Product type Paperback
Published in Jun 2017
Publisher
ISBN-13 9781787125698
Length 586 pages
Edition 2nd Edition
Languages
Arrow right icon
Author (1):
Arrow left icon
Yuxing Yan Yuxing Yan
Author Profile Icon Yuxing Yan
Yuxing Yan
Arrow right icon
View More author details
Toc

Table of Contents (17) Chapters Close

Preface 1. Python Basics FREE CHAPTER 2. Introduction to Python Modules 3. Time Value of Money 4. Sources of Data 5. Bond and Stock Valuation 6. Capital Asset Pricing Model 7. Multifactor Models and Performance Measures 8. Time-Series Analysis 9. Portfolio Theory 10. Options and Futures 11. Value at Risk 12. Monte Carlo Simulation 13. Credit Risk Analysis 14. Exotic Options 15. Volatility, Implied Volatility, ARCH, and GARCH Index

Chapter 4. Sources of Data

Since our society entered a so-called information era, we have been engulfed by a huge amount of information or data. For this very reason, there is an increasing demand for persons armed with data handling skills, such as data scientists or graduates from business analytics programs. Kane (2006) proposed an open source finance concept which consists of three components:

  • The use of open source software in testing hypotheses and implementing investment strategies
  • Cheap access to financial data
  • Replication to confirm published research results

In this book, these three components are simply called: open software, open data, and open codes. Python is one of the best-known pieces of open source software. At the moment, usage of public data is quite inconsistent with the current environment. In this book, we use a huge amount of data, especially public data. In this chapter, the following topics will be covered:

  • Open source finance
  • Source of macro-economic data...
lock icon The rest of the chapter is locked
Register for a free Packt account to unlock a world of extra content!
A free Packt account unlocks extra newsletters, articles, discounted offers, and much more. Start advancing your knowledge today.
Unlock this book and the full library FREE for 7 days
Get unlimited access to 7000+ expert-authored eBooks and videos courses covering every tech area you can think of
Renews at $19.99/month. Cancel anytime