Let’s take a look at a dataset of quarterly visitor nights (in millions) from the 1st quarter of 1998 to the 4th quarter of 2011 for a certain region of Australia: Sydney – Sydney metropolitan area NSW – New South Wales other than Sydney Melbourne – Melbourne metropolitan area VIC – Victoria other than Melbourne…
Time series forecasting is a statistical modelling discipline that focuses solely on the historical behavior of only one metric. In other words, it is not concerned with predicting the value of one metric, say GDP, by assessing the value of another metric, say interest rates. Throughout, we loosely use the terms metric, measure, instrument, etc……
Many industries collect and maintain data. You might think of the shipping industry where large SQL databases are kept to log product inventory and track the number of items shipped monthly or, perhaps weekly. Despite its bankruptcy, Circuit City comes to mind with its thousands of product lines being shelved every week. Other warehouses of…
Why are cryptocurrencies skyrocketing in popularity? Well, we answer that question by exploring the platform they are built on…blockchain. Here, we demystify cryptocurrencies and blockchain technology. Blockchain is a distributed ledger database. It stores all individual transactions in groups or blocks. These blocks attach to each other in chronological order to create a chain. The…
Market data comes in many ways, shapes, and forms. That could be prices & volumes, estimates, fundamentals, corporate actions, sentiment, derived metrics, national statistics, and technical indicators among many others. And, what exactly is the purpose of that data? Well, it has various uses, be it charting, reporting, analysis, predictions, valuation, or backtesting. In the…
This article will not dive deeply into the key characteristics of blockchain and crypto, but rather summarizes them briefly to highlight their ever-growing popularity and potential explosion into worldwide usage. Following that are great cryptocurrency platforms with simple earning and referral links to get exposure to this growing sector. Crypto is an asset class that…
Hi, and welcome to the beginnings of Marketrails, a historical market data-driven service. Here, we use OHLCV data for various purposes including backtesting, analysis, and exploration among other functions. We would like to offer access to a portion of that data, and continually add to that repository over time. Our current product enables download of…