FMP
Our Blogs
Dec 9, 2023 12:55 PM - Parth Sanghvi
Timeless Wisdom for Life and Investing: 6 Lessons from Morgan Housel's "Same As Ever"
In his latest book, "Same As Ever," financial author Morgan Housel offers valuable insights on investing and navigating life's complexities. Drawing on his vast experience and timeless wisdom, Housel provides six key lessons that can help you achieve long-term success and fulfillment, both financial...
Nov 1, 2023 3:20 AM - Parth Sanghvi
How to Choose the Right Valuation Model for Your Needs
Different Types of Valuation Models Valuation models are used to estimate the value of an asset. They can be used to value a variety of assets, including companies, projects, and real estate. There are many different types of valuation models, each with its own strengths and weaknesses. The most ap...
Oct 30, 2023 9:45 AM - Parth Sanghvi
How to Build a Stock Portfolio: A Comprehensive Guide
Building a stock portfolio can be a daunting task, especially for beginners. But it doesn't have to be. With a little planning and research, you can create a portfolio that meets your investment goals and risk tolerance. What is a Stock Portfolio? A stock portfolio is a collection of stocks fr...
Oct 30, 2023 4:30 AM - Parth Sanghvi
How to Invest in Growth Stocks
Growth stocks are stocks of companies that are expected to grow at a faster rate than the overall market. These companies are typically smaller and newer than established companies, and they may be operating in new or emerging industries. Growth stocks can be a great way to generate h...
Oct 29, 2023 7:55 AM - Parth Sanghvi
The Most Common Financial Mistakes to Avoid
Making financial mistakes is a normal part of life. However, there are some common financial mistakes that can be easily avoided. By being aware of these mistakes, you can make better financial decisions and save yourself a lot of money in the long run. 1. Not having a budget One of the most c...
Oct 29, 2023 7:46 AM - Parth Sanghvi
How to Use Technical Analysis to Predict Market Movements: A Comprehensive Guide
Technical Analysis is the study of historical price and volume data to identify patterns and trends that can be used to predict future market movements. It is a popular tool used by traders and investors at all levels, and it can be used to trade a variety of financial instruments, including stocks,...
Oct 28, 2023 4:04 AM - Parth Sanghvi
How to Create a Diversified Portfolio
Introduction A diversified portfolio is essential for any investor who wants to reduce risk and maximize returns. By investing in a variety of different asset classes and sectors, you can reduce your exposure to any one asset class or sector. This is important because different asset classes and ...
Oct 26, 2023 12:51 PM - Rajnish Katharotiya
How to Sign Up and Use a Free Stock market data API
Navigating the world of APIs might seem daunting at first, but fear not! If you're wondering how to harness the potential of APIs and pull valuable data effortlessly, you're in the right place. Today, we'll walk you through the process in just three simple steps, with a focus on the real-time API pr...
Oct 26, 2023 12:50 PM - Rajnish Katharotiya
How to pull Investment Valuation Ratios using Python
Making an investment decision is as hard as it is important. Using solid investment valuation ratios can help make the decision much easier. In a previous article, we explained what investment valuation is and 5 crucial investment valuation ratios to be familiar with. In this article, we simply expl...
Oct 26, 2023 12:41 PM - Rajnish Katharotiya
How to pull Financial Debt and Leverage Ratios using Python
In business, debt is an essential partner to investment from shareholders to finance business growth. If a company spots an opportunity in the market and needs money to go after it, they need to source this from creditors and investors. However, unlike investment from investors, debt is usually take...
Oct 25, 2023 3:57 AM - Parth Sanghvi
How to Build a Financial Model from the Ground Up: A Step-by-Step Guide
Introduction: A financial model is a digital representation of a company's financial performance. It is used to forecast future revenue, expenses, and cash flow. Financial models are used by businesses of all sizes to make better financial decisions, plan for growth, and raise capital from invest...
Sep 29, 2022 10:40 PM - Jack Dalton
Earnings Call Natural Language Processing Analysis
Goal: To use Natural Language Processing to analyze earning call transcripts and consequent ticker quarter growth to predict performance as compared to respective index. This analysis can be added to pre-existing stock analysis. Earnings Call Earnings call is a conference call between the mana...
Sep 29, 2022 10:35 PM - Jack Dalton
How to pull Cash Flow Ratios using Python
Cash flow statements tell you how much cash is flowing in and out of a business due to operating, financing, and investing activities. In our article about financial statements, we explained what the cash flow statement is and how you can analyze it. In a separate article, we explained what the 8 im...
Sep 29, 2022 10:33 PM - Jack Dalton
How to pull Financial Liquidity Ratios using Python
Liquidity refers to how easily an asset can be converted into cash without affecting the market price. In our education section, we have two articles that go into detail about the topic. The first article explains what liquidity means and why it is important to measure it. The second goes into detai...
Sep 29, 2022 10:31 PM - Jack Dalton
How to pull Financial Profitability Ratios using Python
Profitability is a measure of relative profit; how much profit is made compared to total revenue. In our education section, we have two articles about profitability. The first explains what profitability is and its importance. The second explains the ratios that measure profitability, how to calcula...
Sep 29, 2022 10:28 PM - Jack Dalton
How to pull Stock Information using the FMP API with Python
Accurately analysing stock information, beit price or some ratio, is crucial to making informed investment decisions. Many analysts still use traditional analytical methods with a software like Microsoft Excel but many are turning to data science to leverage the power of languages like Python. In th...
Sep 29, 2022 10:26 PM - Jack Dalton
How to pull financial statements using the FMP API
Financial statements are fundamental to most financial analysis and especially when it comes to investment decisions. Most analysts are used to using Excel to perform their analysis but many are learning about the power of using a coding language like Python. So, if you’re somewhat new to coding and...
Sep 29, 2022 10:21 PM - Jack Dalton
How to call the Financial Modeling Prep API with Python
Financial Modeling Prep has a suite of APIs to enable you to access the most valuable financial data out there. But what is an API and how does it work? Simply, an API is a gateway for people to send and receive data over the internet. FMP has free stock APIs, Financial Statement APIs, and many more...
Sep 29, 2022 10:20 PM - Jack Dalton
How to create your own Python environment
Financial Modelling Prep provides a free stock API, financial statement API, and lots more valuable financial data. Before you can start taking advantage of our service you must first set up the environment where you are going to write your code. In this guide, we will explain exactly how to do this...
Sep 29, 2022 4:52 PM - Jack Dalton
How to create a Financial Modeling Prep Account
We are the most accurate financial data API out there. To make it simple we are a free stock API, historical data API, financial statements API. We update our financial statements in real-time, every statement is audited, standardized, and up to date. We cover NYSE, NASDAQ, AMEX, EURONEX, TSX, INDEX...
