Question: Write a Python script that downloads stock prices starting in 2 0 1 8 for the FAANG stocks: Facebook ( ticker META ) , Apple

Write a Python script that downloads stock prices starting in 2018 for the FAANG stocks: Facebook (ticker
META), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Google (GOOGL). Then do the following
a) Compute returns for each stock from the adjusted prices.
b) Compute descriptive statistics (use describe()) for each stock.
c) Make a boxplot of returns. Assign a different color to each ticker.
Which stock looks the riskiest and which one looks the safest? Explain.
d) Plot the cumulative returns. Add labels to indicate the final return for each stock.
e) Plot drawdowns. Which stock looks riskiest here?
f) Compute correlations. Which pair of stocks have the smallest and largest correlations? Does it make sense?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!