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Business concepts & Data analysis: Stocks
In this story I want to give a clear and simple explanation of actual business concepts related to stocks, and look at their data representation, to enable any
data person to actually grab the business idea. My goal is to show how literally any business concept can be a “use case” for Data Science, and maybe give you some ideas for interesting analysis.
Content:
· Stocks: What are they?
· Money side: how do stocks work as an investment?
· Example of how stocks work
∘ Company’s side
∘ Investor’s side
∘ Data Side
· Python Stock analysis resources
∘ Library “pandas_datareader”
∘ Library yfinance
· In a nutshellStocks: What are they?
A stock represents partial ownership of a company. Stocks can be bought or sold on the Stock Market.
When you purchase a stock, you’re buying a piece of a company. By owning a share, you own a small fraction of the company’s assets, and
have a claim on its future earnings.
Money side: how do stocks work as an investment?
There are two ways people can make money by investing in stock
1. Stock appreciation: if an investor bought the stock at one price, and the…
