April 2019
Intermediate to advanced
426 pages
11h 13m
English
Content preview from Mastering Python for Finance - Second Edition
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Algorithmic trading
Machine learning algorithms study the statistical properties of the prices of highly correlated assets, measure their predictive power on historical data during backtesting, and forecast prices to within certain accuracy. Machine learning trading algorithms may involve the analysis of the order book, market depth and volume, news releases, earnings calls, or financial statements, where the analysis translates into price movement possibilities and is taken into account for generating trading signals.