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FinancialData properties documentation and explanation

Posted 26 days ago

Are the properties (FinancialData["Properties"]) documented somewhere? In many cases, the documentation at https://reference.wolfram.com/language/ref/FinancialData.html is too vague to be helpful.

POSTED BY: Jay Gourley
4 Replies

Hi Jay, I don't really understand the complaint, or the question. What are you trying to do? I've composed a quick dataset that defines the terms just incase it's that your meaning.

Posted 24 days ago

I think the absence of a citation, is the answer to my question. My only question was whether I had overlooked a body of documentation. Don't think it was meant as criticism. I'm a Wolfram documentation booster. In general, it's a gateway, not a barrier. FinancialData properties is a rare case where variability of financial terms is greater than is the case with many other Mathematica functions that use centuries-old well-defined math jargon.

POSTED BY: Jay Gourley

I understand, I too, at times, have felt documentation to be lacking.

Firstly, the dataset I provided was spun up with AI just to provide a quick overview. I'd suggest analysing the Head of every element in FinancialData["Properties"] when applied to a particular financial asset... take AMEX:ACCS for instance. Tallying all the heads it returns 41 Quantities, 12 Lists, 13 are Missing, 8 Strings, 1 Entity, 1 Integer, and 1 DateObject type.

What asset in FinancialData[] interests you?

If I select another by random I can use WolframAlpha to present info on a particular property, for instance:

WolframAlpha["MB:532872 Volume"]

With regards documentation, the way I tend to look at it is, documentation gives context to how a symbol can be used (the structure of the in-built function). In Wolfram things are named to be as descriptive as possible so you know what you're working with.

Posted 25 days ago

Thanks, Lewis. Thumbs up.

Your list is more helpful than the one in FinancialData[] documentation. But it still leaves a lot to experimentation and even further research in a few cases. I posted the question hoping Wolfram had a stash of details waiting for me to discover.

Take "CumulativeReturn" and "CumulativeFractionalChange". Both return a TimeSeries, which is nice, but it's not a number as the description suggested to me. Both return fractions. If my guess is right, the difference is that the former includes distributions, though I haven't done enough research to be sure. Even if I'm right, I'm not sure how to determine handling of reinvestment.

In some cases, description leaves details to imagination. Dividend says, "...can be trailing or forward."

I think the ambiguity of documentation I've seen so far is a barrier to the platform.

POSTED BY: Jay Gourley
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