December 2022
Beginner to intermediate
740 pages
18h 11m
English
Content preview from Python for Finance Cookbook - Second Edition
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12
Backtesting Trading Strategies
In the previous chapters, we gained the knowledge necessary to create trading strategies. On the one hand, we could use technical analysis to identify trading opportunities. On the other, we could use some of the other techniques we have already covered in the book. We could try to use knowledge about factor models or volatility forecasting. Or, we could use portfolio optimization techniques to determine the optimal quantity of assets for our investment. One crucial thing that is still missing is evaluating how such a strategy would have performed if we had implemented it in the past. That is the goal of backtesting, which we explore in this chapter.
Backtesting can be described as a realistic simulation of ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.