I would like to backtest a strategy in which if I buy top three stocks in each major sector every year and sell the one that loose more than 10% after one year. For this I need to know which was the best performing stock in each sector and what was its price for last few years. Could any one please help how can I do this or where I can find historical data of best performing stocks in each sector .
Thanks
Hi Dave,
I think if you break this algorithm down into its logical parts you'll be off to a good start:
1) You're looking for best performing stock (momentum) -> Check out this tutorial
2) You're looking to buy the top three stocks in each major sector -> Check out this sample algo
3) You're looking for historical data of these best performing stocks -> Check out history() method
Take a look and let me know if you have any questions on those
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Thanks Song.
I am a newbie to this. Could you please point me to a place which allow me to put all this together. Do I need to have expertise in Python? I am basically a MATLAB person.
Thanks
Dave, a good working knowledge of python is recommended. You need not be an expert to start with these concepts.
I recommend you go through these videos to get you started : https://www.youtube.com/playlist?list=PL0845FEB57E5894C2
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian.
In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.
