Thursday, April 15, 2021

Personal Application

Most of what I've coded so far was to solve a problem. Such as an efficiency system or documentation system. I recently have gotten in to trading. I started getting into it before GME craziness, so it's not like that was what got me into it. I was just curious about how it worked. I also had ideas earlier in 2020 of a few companies that I thought would do well, such as Zoom, and lo-and-behold, they did well and I could have made a decent return. So after making a few investments, some good some bad, and listening to a few podcasts I decided to do more research. This let me to want to look into companies' financials and balance sheets to make better decisions on what would be a more profitable, or potentially safer, investment. But after looking at a few companies I wanted to be able to compare companies. After looking at some data, to really compare I would have to write everything down. Which would be fine but I wanted something that would be quicker and would display the information I felt was most important.

Import yfinance python library.

From what I've read this is not the most reliable, but it is good to get started. Also the principles it uses would transfer to a more robust/reliable API. At least as far as what I read up on it, I felt it would not be a waste to write a small program to parse some data. So I just made a simple cli application. You put in any number of tickers and it compares YOY earnings and really any other data that I would have it return. The data is presented in a way that I feel most comfortable reading.

All in all, I feel it was a good little project. I could add more and may in the future and expand it any number of ways. At the moment however, I'm satisfied with how it works. It got me enough data for me to decide to invest in a particular restaurant company. QSR anyone? (not financial advice, or whatever one is supposed to say)

I'll have to see if I want to revisit this and make it more dynamic in the future, but I think it's good for now.

25 Words or Less: Simple and small programs can return important and profitable data.

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