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- access to all Manning books, including MEAPs!
team
5, 10 or 20 seats+ for your team - learn more
Look inside
In this liveProject, you’ll play the part of a freelance consultant who’s been hired to assess a company’s financial risk. Using the traditional volatility modeling packages ARCH and GARCH, you’ll model the volatility of S&P-500 stock prices—a good proxy for the entire financial market—and measure model performance. Then, you’ll optimize the model parameters using information criteria such as Bayesian Information Criteria (BIC). When you’ve completed the project, you’ll have a solid understanding of the logic of these traditional models and be ready to apply it to other models.
This project is designed for learning purposes and is not a complete, production-ready application or solution.
book resources
When you start your liveProject, you get full access to the following books for 90 days.
prerequisites
The liveProject is for intermediate Python programmers who know the basics of data science. To begin this liveProject, you will need to be familiar with the following:
TOOLS
- Intermediate Python knowledge and skills
- Jupyter Notebook
- Basic financial concepts
- Intermediate machine learning knowledge
- sklearn for running classical time series analysis and stationary analysis
- Matplotlib for visualization
- ARCH for modeling
- scipy.optimize.minimize for modeling volatility by hand
features
- Self-paced
- You choose the schedule and decide how much time to invest as you build your project.
- Project roadmap
- Each project is divided into several achievable steps.
- Get Help
- While within the liveProject platform, get help from other participants and our expert mentors.
- Compare with others
- For each step, compare your deliverable to the solutions by the author and other participants.
- book resources
- Get full access to select books for 90 days. Permanent access to excerpts from Manning products are also included, as well as references to other resources.
choose your plan
pro
monthly
annual
$24.99
$249.99
only $20.83 per month
- access to all Manning books, MEAPs, liveVideos, liveProjects, and audiobooks!
- choose another free product every time you renew
- choose twelve free products per year
- exclusive 50% discount on all purchases
-
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Using Traditional Finance Models project for free
Using Traditional Finance Models project for free
team
monthly
annual
$49.99
$499.99
only $41.67 per month
- five seats for your team
- access to all Manning books, MEAPs, liveVideos, liveProjects, and audiobooks!
- choose another free product every time you renew
- choose twelve free products per year
- exclusive 50% discount on all purchases
-
![]()
Using Traditional Finance Models project for free
