May 2019
Intermediate to advanced
456 pages
11h 38m
English
A time series is a form of data that has a temporal dimension and is easily the most iconic form of financial data out there. While a single stock quote is not a time series, take the quotes you get every day and line them up, and you get a much more interesting time series. Virtually all media materials related to finance sooner or later show a stock price gap; not a list of prices at a given moment, but a development of prices over time.
You'll often hear financial commenters discussing the movement of prices: "Apple Inc. is up 5%." But what does that mean? You'll hear absolute values a lot less, such as, "A share of Apple Inc. is $137.74." Again, what does that mean? This occurs because market participants ...