Python is an extremely popular programming language. It is not just apt for generic purposes but it is extremely easy to read and use as well. The main reason why Python is used by a majority of people these days is the fact that it allows the programmers to save their time by using only limited lines of codes. In order to accomplish tasks, the developers do not have to spend a lot of time on coding, unlike the other languages. Rather, all they can do is, spend time on…

Python was introduced in 1991 by Guido Van Rossum as a high level, general purpose language. Even today, it supports multiple programming paradigms including procedural, object oriented and functional. Soon, it became one of the most popular languages in the industry, and in fact is the very language that influence Ruby and Swift. Even TIOBE Index reports mentions python as the third most popular…

In financial markets, two of the most common trading strategies used by investors are the momentum and mean reversion strategies. If a stock exhibits momentum (or trending behavior as shown in the figure below), its price on the current period is more likely to increase (decrease) if it has already increased (decreased) on the previous period.

When the return of a stock at time t depends in some way on the return at the previous time t-1, the returns are said to be autocorrelated. In…

Summary:  The annual Burtch Works salary survey tells us a lot about which industries are using the most data scientists and the difference between higher and lower skilled data scientists.  Salary increases show us whether demand is increasing, and finally we take a shot at determining which skills are most in demand.

 What a difference a few years can make.  We used to say that everyone loves a data scientist – and wants to be one. …