3 ms·

Which language is a good choice to develop a model & analyze stock price?

2 points by choi 16y ago

It's been a while since i actively follow about financial markets, specially stock price movement. I know its not a place to make money for ordinary folks, but i wanna give a try. i read quite enough books and got some ideas to start build something. a friend of mine advise me to use stock analyzing softwares, at the moment i don't have any interest to buy some kind of expensive stock analyzing software. I have a row data, not quite enough, which i'm gonna use and test the model for the moment. any good ideas about which language i should use or should i consider to check and try software like matlab? thx

kranner 16y ago
Mathematics?
- choi 16y ago
  i'm talking about matlab s/w
  - kranner 16y ago
    Just a joke on the over-general use of 'what language' in the title.
ankushnarula 16y ago
Matlab and SAS are both considered excellent for financial/statistical modeling. The quants at my old firm used a mix of Matlab, C++ and .NET. However it sounds like you're not integrating with external libraries or realtime data feeds so Matlab should suffice.
retroafroman 16y ago
I've seen R used for this type of thing. See http://www.milktrader.net/2010/01/programming-custom-backtest-profile-in.html http://www.milktrader.net/2010/01/programming-custom-backtes...
michael_dorfman 16y ago
There are a lot of people using F# for financial work. http://sourceforge.net/projects/quantifa/ http://sourceforge.net/projects/quantifa/ http://cs.hubfs.net/forums/thread/45.aspx http://cs.hubfs.net/forums/thread/45.aspx http://blogs.msdn.com/b/lucabol/archive/2008/12/04/financial-functions-for-net-released.aspx http://blogs.msdn.com/b/lucabol/archive/2008/12/04/financial...