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Create a Buy Signal using RSI in R with the Quantmod Package

Chris Shockley

In this 1-hour long project-based course, you will learn how to pull down Stock Data using the R quantmod package. You will also learn how to perform analytics and pass financial risk functions to the data. Note: This course works best for learners who are based in the North America region. Weâ€™re currently working on providing the same experience in other regions.

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Explores quantmod package, which is standard in the R programming language for financial data analysis

Builds a foundation for understanding stock data analysis using R programming

Provides hands-on experience through project-based learning

Taught by Chris Shockley, who is recognized for their work in financial data analysis

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Reviews summary

Quantifiable knowledge

This course is likely to be a good choice for those who want to move quickly through the learning objectives and for those who like projects. The course is likely to be less valuable for those who are not familiar with North American financial markets.

Learning applicable to real world financial objectives.

"Clear and useful for you to then apply on your own"

Project centric learning for building knowledge.

"good "

"nice"

"Nice"

Course is antiquated and out of date

"Old outdated ... excercises does not work."

"In short one of the worst projects in Coursera."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Create a Buy Signal using RSI in R with the Quantmod Package with these activities:

Analyze historical stock prices

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Reviewing previously learned techniques for statistical analysis and financial data to prepare for this course's advanced topics.

Browse courses on Stock Market Analysis

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Gather historical stock prices for different companies and industries.
Use statistical software, such as R or Python, to clean and analyze the data.
Create visualizations to identify trends and patterns in the data.
Write a report summarizing your findings.

Compile a list of financial data resources

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Build a valuable resource that supports ongoing learning and research in the field of finance.

Browse courses on Data Compilation

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Identify different types of financial data resources, such as databases, websites, and research papers.
Search for and gather relevant resources.
Organize and categorize the resources in a digital or physical format.
Share the compiled list with the course instructor and classmates.

Learn about the quantmod package in R

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Gain familiarity with the tools and techniques needed for the course by completing tutorials on the quantmod package.

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Find and enroll in online tutorials or courses on the quantmod package.
Follow the tutorials and complete the exercises.
Experiment with the quantmod package on your own to gain a deeper understanding.

Four other activities

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Practice pulling down stock data using the quantmod package

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Build confidence and proficiency in using the quantmod package by practicing data retrieval.

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Find a dataset of stock prices.
Use the quantmod package to pull down the data.
Verify that the data was successfully retrieved.

Volunteer at a financial literacy non-profit organization

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Enhance understanding of financial concepts and their practical application while giving back to the community.

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Research and identify financial literacy non-profit organizations in your area.
Contact the organization and inquire about volunteer opportunities.
Participate in volunteer activities, such as teaching financial literacy workshops or providing financial counseling.
Reflect on the experience and how it has broadened your understanding of financial concepts.

Attend a financial industry conference or event

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Connect with professionals in the field, learn about industry trends, and explore potential career opportunities.

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Research and identify relevant financial industry conferences or events.
Register for the event and prepare an elevator pitch.
Attend the event, network with attendees, and collect business cards.
Follow up with connections made at the event.

Create a financial risk function

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Demonstrate understanding of financial risk assessment and gain practical experience in applying the concepts covered in the course.

Browse courses on Quantitative Finance

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Choose a financial risk metric to focus on.
Research and understand the mathematical formula for calculating the metric.
Implement the formula in R using the quantmod package.
Write a report explaining the risk metric and how it is calculated.

Career center

Learners who complete Create a Buy Signal using RSI in R with the Quantmod Package will develop knowledge and skills that may be useful to these careers:

Portfolio Manager

Portfolio Managers are responsible for managing investment portfolios for clients. They use various analytical techniques to select and manage investments in order to achieve the client's financial goals. This course can be helpful for Portfolio Managers by providing them with a strong foundation in financial analysis and portfolio management.

See salaries and explore the career path for Portfolio Manager

Risk Manager

Risk Managers are responsible for identifying and managing financial risks. They use various techniques to assess the risk of different investments and develop strategies to mitigate those risks. This course can be helpful for Risk Managers by providing them with a strong understanding of financial risk assessment and management.

See salaries and explore the career path for Risk Manager

Financial Analyst

Financial Analysts are responsible for evaluating and making recommendations on investment decisions. They use various analytical techniques to assess the performance and risk of different investments. This course can be helpful for Financial Analysts by providing them with a strong foundation in financial data analysis and risk management.

See salaries and explore the career path for Financial Analyst

Quantitative Analyst

Quantitative Analysts use mathematical and statistical modeling to help firms make informed investment decisions. A background in statistics and a strong understanding of financial markets is essential for this role. This course can be particularly helpful for building a foundation in financial analytics and risk assessment, which are essential skills for Quantitative Analysts.

See salaries and explore the career path for Quantitative Analyst

Investment Manager

Investment Managers are responsible for managing investment portfolios for clients. They use various analytical techniques to select and manage investments in order to achieve the client's financial goals. This course can be helpful for Investment Managers by providing them with a strong foundation in financial analysis and portfolio management.

See salaries and explore the career path for Investment Manager

Data Analyst

Data Analysts use data to help businesses make informed decisions. They use various statistical and data analysis techniques to identify trends, patterns, and insights in data. This course can be helpful for Data Analysts by providing them with a strong foundation in financial data analysis and risk assessment.

See salaries and explore the career path for Data Analyst

Financial Consultant

Financial Consultants provide financial advice to individuals and businesses. They use various techniques to assess clients' financial needs and develop strategies to help them achieve their financial goals. This course may be helpful for Financial Consultants by providing them with a strong foundation in financial analysis and risk assessment.

See salaries and explore the career path for Financial Consultant

Economist

Economists use data and analysis to help businesses and governments make informed decisions. They use various techniques to identify trends, patterns, and insights in data. This course may be helpful for Economists by providing them with a strong foundation in financial data analysis and risk assessment.

See salaries and explore the career path for Economist

Actuary

Actuaries use mathematics and statistics to assess and manage financial risks. They use various techniques to develop and price insurance products and to assess the financial impact of future events. This course may be helpful for Actuaries by providing them with a strong foundation in financial risk assessment and management.

See salaries and explore the career path for Actuary

Business Analyst

Business Analysts use data and analysis to help businesses improve their performance. They use various techniques to identify opportunities for improvement and develop strategies to implement those improvements. This course may be helpful for Business Analysts by providing them with a strong foundation in financial data analysis and risk assessment.

See salaries and explore the career path for Business Analyst

Statistician

Statisticians use data and analysis to help businesses and governments make informed decisions. They use various techniques to identify trends, patterns, and insights in data. This course may be helpful for Statisticians by providing them with a strong foundation in financial data analysis and risk assessment.

See salaries and explore the career path for Statistician

Data Scientist

Data Scientists use data and analysis to help businesses make informed decisions. They use various techniques to identify trends, patterns, and insights in data. This course may be helpful for Data Scientists by providing them with a strong foundation in financial data analysis and risk assessment.

See salaries and explore the career path for Data Scientist

Investment Banker

Investment Bankers help companies raise capital and provide financial advice. They use various techniques to assess companies' financial health and develop strategies to help them raise capital. This course may be helpful for Investment Bankers by providing them with a strong foundation in financial analysis and risk assessment.

See salaries and explore the career path for Investment Banker

Financial Planner

Financial Planners help individuals and families plan for their financial future. They use various techniques to assess clients' financial needs and develop strategies to help them achieve their financial goals. This course may be helpful for Financial Planners by providing them with a strong foundation in financial analysis and risk assessment.

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Software Engineer

Software Engineers design, develop, and maintain software applications. They use various programming languages and tools to create software that meets the needs of businesses and users. This course may be helpful for Software Engineers by providing them with a strong foundation in financial data analysis and risk assessment.

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Reading list

We've selected 13 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Create a Buy Signal using RSI in R with the Quantmod Package.

Security analysis

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Classic in the field of security analysis. It provides a comprehensive overview of the subject and is considered one of the best books on security analysis ever written. This book valuable resource for anyone who wants to learn more about security analysis.

Create a Buy Signal using RSI in R with the Quantmod Package

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Reviews summary

Quantifiable knowledge

Activities

Career center

Reading list

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