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 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.

Arrow left icon
Product type Paperback
Published in Apr 2014
Publisher
ISBN-13 9781783284375
Length 408 pages
Edition 1st Edition
Languages
Tools
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 (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

Basic math operations – addition, subtraction, multiplication, and division

For basic math operations in Python, we use the conventional mathematical operators +, -, *, and /. These operators represent plus, minus, multiplication, and division operations respectively. All these operators are embedded in the following line of code:

>>>3.09+2.1*5.2-3/0.56
8.652857142857144

Although we use integer division less frequently in finance, a user might type the division sign twice (//) accidentally to get a weird result. The integer division is done with double slash //, which would return an integer value that is the largest integer than the final output. The result of 7 divided by 3 is 2.33, and 2 will be the largest integer smaller than 2.33. This example is shown in the following code:

>>>7/3
2.3333333333333335

For Python 2.x versions, 7/3 could be 2 instead of 2.333. Thus, we have to be careful. In order to avoid an integer division, we could use 7/2 or 7/2., that is...

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