diff --git a/why-overhaul.txt b/why-overhaul.txt new file mode 100644 index 0000000..53e05fd --- /dev/null +++ b/why-overhaul.txt @@ -0,0 +1,29 @@ +1/30/2019 +I decided to do an overhaul of this project for a few reasons. + +1. I realized I don't need two separate classes (StockData & StockReturn). +I can just make one class (Stock) that holds all the values. + +2. I realized how it was much easier to work with datetime than with strings. +In the overhaul, I'll be working with datetime as much as I can, only switching to strings when it's absolutely necessary. + +3. I've found other API's/sources for stock data like pandas-datareader (https://pandas-datareader.readthedocs.io/) +I'll likely be sticking with the API's I have right now (Alpha Vantage, Tiingo, & IEX), but will keep these sources in mind in the case I need them. +In particular, I may be integrating the fix-yahoo-finance (https://pypi.org/project/fix-yahoo-finance/) module because Yahoo supports mutual funds. + +4. My code is getting more and more cluttered the further I go into this project. +Therefore, it would be to my advantage to clean it up before I go onto the next step of analyzing the data. +I'll be focusing on having more functions (def) so it is more readable. +I would also like for my project to be easily adaptable into other projects should I have the need. +Fixing my code should help me do this. + +5. As of now, I have not been calculating return and close values as I probably should have. +I'll have to do some more research into this, but this is what has transpired up to this moment: + As of now, I have been gathering data from multiple sources, averaging the close values for the same dates, and calculating return based on the final list. + However, I realize that adjusted close values can vary greatly, even with the same API. + For example, the same date from Alpha Vantage's monthly-adjusted close values is slightly different from their daily-adjusted close values. + Instead of this current process, I'll consult with a mentor to figure out if it is advantageous to: + 1. Stick to one source + 2. Use as many sources I can and only average the very final results + (Ex: use the results of unadjusted return from Alpha Vantage and results from Yahoo to average the two) + 3. Choose a few sources and stick to just those.