yfinance Archives - Page 2 of 2 - Scripts for Wealth

How to Analyze Stock Correlation With Python: BYD vs TESLA

Blog • byd, correlation, python, yfinance

Correlation analysis plays a pivotal role in the dynamic world of the financial market. It is a statistical metric that quantifies the relationship between two financial assets, offering valuable insights for investors and analysts. In this post, we will explore the significance of correlation in the financial market, highlighting its role in decision-making and investment […]

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Understanding Indicators: what is MACD and how to use it in stock trading

Blog • algorithmic trading, ema, macd, nvidia, python, understanding indicators, yfinance

The Moving Average Convergence Divergence (MACD) is a popular technical indicator widely used in stock trading. It provides valuable insights into the momentum and potential trend reversals of a stock. In this blog post, we’ll explore the concept of MACD, its purpose, and how to interpret the information provided in the Python code snippet for

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Bollinger Bands and Moving Averages in Python for Market Analysis

Blog • bollinger bands, indicators, python, yfinance

Often times in the finance world we want to understand price variations in a short range of time. In these cases, it’s interesting to check how the price varies by the period we are checking. One great price indicator for this is the Moving Average. In summary, moving averages are statistical calculations that reveal the

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Using quantstats to compare your portfolio

Blog • apple, quantstats, risk, yfinance

In this post, we will talk about portfolios, how to compare your portfolio to a given benchmark, and how to analyze the risk within it, all using a great library in Python called quantstats. First and foremost, let us define “portfolio”. In the financial world, a portfolio is a subset of assets you choose. They

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How to do Algorithmic Trading with Python?

Blog • algorithmic trading, apple, yfinance

Algorithmic trading, or algo trading, is simply a way to use computer programs to make trading decisions automatically. In this overview, we’ll explore the basics of algorithmic trading, focusing on Python as the language to make it happen. When we talk about algorithmic trading, we’re always talking about rules or setups to trigger the trade.

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How to access the financial data of companies?

Blog • pandas, python, yfinance

Why do we need financial data of companies If you’re just starting to create programming tools to guide your financial choices, you’ll want to have data on the companies you intend to investigate — and this can be complex when you’re just starting out. Fortunately, we have some Python libraries that can be used for

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