Use modern Python libraries such as pandas, NumPy, and scikit-learn
and popular machine learning and deep learning methods to solve
financial modeling problems Purchase of the print or Kindle book
includes a free eBook in the PDF format Key Features Explore unique
recipes for financial data processing and analysis with Python
Apply classical and machine learning approaches to financial time
series analysis Calculate various technical analysis indicators and
backtesting backtest trading strategies Book DescriptionPython is
one of the most popular programming languages in the financial
industry, with a huge collection of accompanying libraries. In this
new edition of the Python for Finance Cookbook, you will explore
classical quantitative finance approaches to data modeling, such as
GARCH, CAPM, factor models, as well as modern machine learning and
deep learning solutions. You will use popular Python libraries
that, in a few lines of code, provide the means to quickly process,
analyze, and draw conclusions from financial data. In this new
edition, more emphasis was put on exploratory data analysis to help
you visualize and better understand financial data. While doing so,
you will also learn how to use Streamlit to create elegant,
interactive web applications to present the results of technical
analyses. Using the recipes in this book, you will become
proficient in financial data analysis, be it for personal or
professional projects. You will also understand which potential
issues to expect with such analyses and, more importantly, how to
overcome them. What you will learn Preprocess, analyze, and
visualize financial data Explore time series modeling with
statistical (exponential smoothing, ARIMA) and machine learning
models Uncover advanced time series forecasting algorithms such as
Meta's Prophet Use Monte Carlo simulations for derivatives
valuation and risk assessment Explore volatility modeling using
univariate and multivariate GARCH models Investigate various
approaches to asset allocation Learn how to approach ML-projects
using an example of default prediction Explore modern deep learning
models such as Google's TabNet, Amazon's DeepAR and NeuralProphet
Who this book is forThis book is intended for financial analysts,
data analysts and scientists, and Python developers with a
familiarity with financial concepts. You'll learn how to correctly
use advanced approaches for analysis, avoid potential pitfalls and
common mistakes, and reach correct conclusions for a broad range of
finance problems. Working knowledge of the Python programming
language (particularly libraries such as pandas and NumPy) is
necessary.
General
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