Collecting data
Building the required database could be one of the biggest challenges. Here, we do not only need dividend-adjusted price quotes but also financial statements data. Chapter 4, Big Data – Advanced Analytics described how to access some of the open data sources, but those rarely offer you all the required information in a package.
Another option might be to use professional financial data providers as a source. These platforms allow you to create tailor-made tables that can be exported to Microsoft Excel. For the sake of this chapter, we used a Bloomberg terminal. As a first step, we exported the data to Microsoft Excel.
Spreadsheets may be an excellent tool to build a database of data collected from different sources. No matter how ...
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