Use modern Python libraries such as pandas, NumPy, and scikit-learn and popular machine learning and deep learning methods to solve financial modeling problems
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Key Features: Explore unique recipes for financial data processing and analysis with PythonApply classical and machine learning approaches to financial time series analysisCalculate various technical analysis indicators and backtest trading strategies
Book Description: Python 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'll explore classical quantitative finance approaches to data modeling, such as GARCH, CAPM, factor models, and 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'll also learn how to use Streamlit to create an elegant, interactive web applications to present the results of technical analyses. Finally, you'll become familiar with modern machine learning and deep learning models which you can use for tasks such as credit default prediction, time series forecasting, and more.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 dataExplore time series modeling with statistical (exponential smoothing, ARIMA) and machine learning modelsUncover advanced time series forecasting algorithms such as Meta's ProphetUse Monte Carlo simulations for derivatives valuation and risk assessmentExplore volatility modeling using univariate and multivariate GARCH modelsInvestigate various approaches to asset allocationLearn how to approach ML-projects on with an example of default predictionExplore modern deep learning models such as Google's TabNet, Amazon's DeepAR and NeuralProphet
Who this book is for: This book is intended for financial analysts, data analysts and scientists, and Python developers with a