PyQuant News 🐍 Profile picture
Oct 7, 2024 10 tweets 3 min read Read on X
A Bloomberg Terminal costs $30,000 per year.

Unaffordable for 99.9% of us.

Reserved for the Wall Street elite to outfox the normal investor.

OpenBB just dropped the $0 cost replacement.

Get 405 free data sources and an AI Copilot.

The 90-second step-by-step guide: OpenBB Terminal Pro
In case you're unfamiliar:

OpenBB is the first AI financial terminal that combines data integration with an AI agent to transform investment research.

• Private (your data is not shared)
• 100s of free data sources
• Custom data backends
• Advanced AI Copilot

How it works:
Set up a custom, local data server with 370 sources of free market data.

No coding required (just double click an icon):
Once the data server is running, add it to the dashboard.

Here's how to do it:
OpenBB's AI copilot can use any data to answer your questions.

Wondering about the crude oil futures curve?

OpenBB Copilot has an answer:
Can't get through the day's news?

OpenBB Copilot can summarize the top news in a single paragraph:
Use pre-built dashboard templates to make your analysis workflow even quicker:
OpenBB Terminal Pro uses the same charts as TradingView.

Get incredible charting capabilities in the same place as your fundamental, news, and economic data:
Select data in a table and generate plots in two clicks.

Then, ask the OpenBB AI Copilot what happened.

Wondering about the trend in Apple's earnings?

Plot it and ask AI:
OpenBB Terminal Pro comes with a simple double-click installation file.

No more virtual environments.

No more dependency hell.

Double click and go: Double click to install

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More from @pyquantnews

Feb 25
Skip the quant finance degree.

Dive into 17 code repos that will teach you more than all your professors at school.

All without costing you $90,000:
OpenBB Terminal

Terminal for investment research for everyone.

github.com/OpenBB-finance…
PyQL

QuantLib's Python port.

github.com/enthought/pyql
Read 15 tweets
Feb 22
Myth:

You need a computer science degree to get started with Python, NumPy, and pandas.

Reality:

You need these 8 YouTube videos:
"Python Pandas" by Corey Schafer

Learn the basics of creating and manipulating data frames, indexing and selecting data, and cleaning and manipulating data in Pandas.

"NumPy Array Basics" by sentdex

This video covers the basics of working with NumPy arrays, including creating arrays, indexing and slicing, and performing arithmetic operations.

Read 12 tweets
Feb 6
You can use options to predict stock price moves.

Here’s how: Image
Options traders are well-informed. Their expectations of future stock price moves are often priced into options. We can use options prices to extract the options market’s expectations of stock price moves.

If we know where to look…
First, download earnings data. Image
Read 9 tweets
Feb 1
The cost behind the Python Quant Stack:

• SciPy: $0
• Zipline: $0
• Python: $0
• NumPy: $0
• PyFolio: $0
• Pandas : $0
• OpenBB: $0
• Empyrical: $0
• AlphaLens: $0
• Statsmodels: $0
• RiskFolio-Lib: $0

How to get started: Image
By the end of this thread, you'll have the right libraries for:

• Numerical libraries & data structures
• Financial instruments & pricing
• Backtesting & trading
• Market data

Let's go!
One thing before we start:

Jupyter Notebook.

What is it: A web application for creating and sharing computational documents.



Now, let's get to the libraries!jupyter.org
Read 24 tweets
Jan 28
Factor investing is what made me stand out at JPMorgan.

But it took me years to master the information coefficient.

In 1 minute, I'll teach you the 10 things you need to know (that took me 1 year to learn).

Let's go: Image
The Information Coefficient (IC) is a statistical measure that reflects the correlation between predicted and actual asset returns.

It's the most important risk and performance measure for factor-based portfolios.

Let's see how it works: Image
1. Predictive Measure:

Information Coefficient (IC) measures the correlation between factor scores and actual asset returns. Image
Read 14 tweets
Jan 20
10 free Python PDF ebooks for download: Image
Image
Image
Image
Python Data Science Handbook

github.com/terencetachion…Image
Read 13 tweets

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