Scribd
Upload
101 views

JP

The trader has asked for the development of a chart to help identify undervalued and overvalued stocks by visualizing the weakening correlation between two historically correlated stocks over time. This could indicate an opportunity to buy the relatively underperforming stock and sell the relatively overperforming stock, assuming the prices will subsequently converge for a profitable trade. The developer will need to interface with a financial data feed to retrieve stock price information and build the chart using the open source Perspective data visualization software to help the trader monitor opportunities.

Uploaded by

AKSHAY U.C
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
101 views

JP

The trader has asked for the development of a chart to help identify undervalued and overvalued stocks by visualizing the weakening correlation between two historically correlated stocks over time. This could indicate an opportunity to buy the relatively underperforming stock and sell the relatively overperforming stock, assuming the prices will subsequently converge for a profitable trade. The developer will need to interface with a financial data feed to retrieve stock price information and build the chart using the open source Perspective data visualization software to help the trader monitor opportunities.

Uploaded by

AKSHAY U.C
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 1

You’ve been asked to assist with some development to add a chart to a trader’s dashboard allowing

them to better identify under/over-valued stocks.

The trader would like to be able to monitor two historically correlated stocks and be able to visualize
when the correlation between the two weakens (i.e. one stock moves proportionally more than the
historical correlation would imply). This could indicate a potential trade strategy to simultaneously
buy the relatively underperforming stock and sell the relatively outperforming stock. Assuming the
two prices subsequently converge, the trade should be profitable.

Most data visualization for our traders is built on JPMorgan Chase's Perspective data visualization
software, which is now open source. If you want to explore that, a link is provided in the resources
section.

Before implementing this request using perspective, first you’ll need to interface with the relevant
financial data feed and make the necessary adjustments to facilitate the monitoring of potential
trade opportunities.

* Understanding the finance and trading part is not required.

* Being familiar with python scripting language and command line basics is not required as you will
be guided in this exercise

You might also like