Chapter 1, Time Series Modeling in the Financial Industry, introduces time series modeling, and discusses its importance, the characteristics and challenges of data, and explains its use in the financial industry. The chapter also discusses the way forecasting is used across industries and what is meant by a good or bad forecast.
Chapter 2, Forecasting Stock Prices and Portfolio Decisions using Time Series, discusses the concept of portfolio forecasting and the decisions involved in managing portfolios. After exploring the forecasting process and the visualization of time series data, the chapter discusses modeling techniques and explains how to select the most suitable one based on real-world modeling examples.
