Identifying Japanese Candle Sticks using Python

Pat McKillen data, Data Science, python

Introduction Japanese Candlesticks are a type of price chart that shows the Open, High, Low and Close (OHLC) prices for a security during a specific time-period. In-and-of-themselves, they show just that, OHLC for a security. However, when adjacent candlesticks are combined together into a single pattern, then market participants can detect trading patterns to help them better time market entry …

Pat McKillenIdentifying Japanese Candle Sticks using Python

Calculating VaR using Monte Carlo Simulation

Pat McKillen Data Science, python

The need for Monte Carlo Monte Carlo simulation is a stepwise approach to solving problems that due to the presence of some uncertainty, may not have a single answer. One such uncertainty in finance and investment is volatility. Volatility will create situations where investors might have an expected return on an investment but due to the volatile nature of markets, …

Pat McKillenCalculating VaR using Monte Carlo Simulation

Performing Beta Analysis on Stocks, Indices and Commodities Futures

Pat McKillen Data Science, python

Introduction Often an investor will want to determine whether a stock moves in the same direction as the rest of the market, a portfolio, or some combination in between. There are a few reasons why an investor would want to do this but a common one is to gauge how much risk a new stock is adding to a portfolio. …

Pat McKillenPerforming Beta Analysis on Stocks, Indices and Commodities Futures