How to Build Financial Tools with Yahoo Finance & Python

In this Yahoo Finance and Python article we want to learn How to Build Financial Tools with Yahoo Finance & Python, so Yahoo Finance API is a free service that allows you to access financial data for thousands of companies. you can use this data to analyze trends, build custom financial models and make informed investment decisions.

 

First of all we need to install this library 

 

 

Now that you have access to financial data using Yahoo Finance API and Python, you can start building custom financial tools. these are some examples:

 

Real-time stock price tracker

You can build real time stock price tracker that will display the current stock price of a company. this is an example code snippet that will fetch the real time stock price of Apple Inc. (AAPL)

 

 

This will be the result

How to Build Financial Tools with Yahoo Finance & Python
How to Build Financial Tools with Yahoo Finance & Python

 

 

Historical stock price analyzer

You can build a tool that will analyze the historical stock prices of a company and display the average stock price for a given time period. this is an example code that will fetch the historical stock prices of Apple Inc. and calculate the average stock price for the year 2022:

 

 

 

This will be the result

Yahoo Finance & Python
Yahoo Finance & Python

 

 

 

Investment portfolio analyzer

You can build a tool that will analyze the performance of your investment portfolio over time. this is an example code that will fetch the historical stock prices of two companies (AAPL and MSFT) and calculate the total return on a hypothetical investment portfolio:

 

 

This will be the result

How to Build Financial Tools with Yahoo Finance
How to Build Financial Tools with Yahoo Finance

 

 

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