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I have a final project that just got assigned for financial analytics class. I am unsure how to approach this, please advise. Choose a publicly
I have a final project that just got assigned for financial analytics class. I am unsure how to approach this, please advise.
- Choose a publicly traded security for which you can find a series of historical values
- Make a conjecture about related data (at least two data series) that might be used as predictors for this series of values
- Find online data sources to get current data for both the predictors and the values of the security (up to 12/31/20 or more recent, if possible)
- Download this data and copy it into Excel
- Create graphs of the data
- Use Excel to conduct a regression of the values of the security against the predictors and verify the validity of underlying assumptions
- Eliminate outliers if necessary
- Check for homoscedasticity and serial correlation
- Look for evidence of multicollinearity and eliminate redundant predictors if necessary
- Report should:
- Clearly state the conjecture being investigated
- Clearly describe the data sources used & data handling
- Include links to data if possible
- Clearly describe the analysis performed
- Clearly state the conclusions you have drawn from this analysis
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