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Python for Finance

You're reading from  Python for Finance

Product type Book
Published in Apr 2014
Publisher
ISBN-13 9781783284375
Pages 408 pages
Edition 1st Edition
Languages
Author (1):
Yuxing Yan Yuxing Yan
Profile icon Yuxing Yan

Table of Contents (20) Chapters

Python for Finance
Credits
About the Author
Acknowledgments
About the Reviewers
www.PacktPub.com
Preface
Introduction and Installation of Python Using Python as an Ordinary Calculator Using Python as a Financial Calculator 13 Lines of Python to Price a Call Option Introduction to Modules Introduction to NumPy and SciPy Visual Finance via Matplotlib Statistical Analysis of Time Series The Black-Scholes-Merton Option Model Python Loops and Implied Volatility Monte Carlo Simulation and Options Volatility Measures and GARCH Index

Summary


In this chapter, we introduced the two most important modules, called NumPy and SciPy, which are used intensively for scientific and financial computation. NumPy is for numerical methodology, and SciPy could be viewed as an extension of NumPy. In this book, many chapters depend on these two modules. In addition, many other modules depend on these two modules. For instance, the Matplotlib (for graph) module, which will be discussed in Chapter 7, Visual Finance via Matplotlib, and Statsmodels (for statistical/financial modeling), which will be discussed in Chapter 8, Statistic Analysis of Time Series, depend on these two modules.

It is a very useful tool for visualization. We are going to use this module intensively when we explain option theory.

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