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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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Toc

Table of Contents (14) Chapters Close

Preface 1. Introduction and Installation of Python 2. Using Python as an Ordinary Calculator FREE CHAPTER 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

Error messages


Assuming that we issue the sqrt(3) command to estimate the square root of three, we would get the following error message:

>>>sqrt(3)
Traceback (most recent call last):
  File "<pyshell#17>", line 1, in <module>
    sqrt(3)
NameError: name 'sqrt' is not defined

The last line of the error message tells us that the sqrt() function is not defined. Later in the chapter, we learn that the sqrt() function is included in a module called math and that we have to load (import) the module before we can call the functions contained in it. A module is a package that contains a set of functions around a specific subject.

Can't call a variable without assignment

Assuming that we never assign a value to the abcde variable, after typing abcde, we would get the following error message:

>>>abcde
Traceback (most recent call last):
  File "<pyshell#0>", line 1, in <module>
    abcde
NameError: name 'abcde' is not defined
>>>

The last line tells...

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