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https://github.com/sarahguo97/evaluating-the-impact-of-quarterly-earnings-report-on-stock-price-movement-


https://github.com/sarahguo97/evaluating-the-impact-of-quarterly-earnings-report-on-stock-price-movement-

bootstrap earningreport gnuplot libcurl multithreading stl-map-vector-set stockprice surprise-ratio

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# Evaluating-the-Impact-of-Quarterly-Earnings-Report-on-Stock-Price-Movement-

This project is built in C++.

• Retrieved historical price data using Libcurl from Yahoo Finance; stored EPS information in an STL map with tickers as keys

• Reduced runtime by 67% using multi-threads

• Sorted all S&P 500 stocks by Surprise Ratio and split into three groups from highest to lowest: Beat, Meet and Miss

• Implemented Bootstrapping method to simulate and compute Average Abnormal Return (AAR), Cumulative AAR and their standard deviations for each group

• Visualized results with Gnuplot

• Quarterly Earnings Report announcement has a significant impact on Beat and Miss groups; AAR increased by 3% for Beat group and decreased by 2% for Miss group