How To Scrape Stock Market Data Using Python?

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How To Scrape Stock Market Data Using Python?

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The coronavirus pandemic has proved that the stock market is also volatile like all other business industries as it may crash within seconds and may also skyrocket in no time! Stocks are inexpensive at present because of this crisis and many people are involved in getting stock market data for helping with the informed options.

Unlike normal web scraping, extracting stock market data is much more particular and useful to people, who are interested in stock market investments.

Web Scraping Described

Web scraping includes scraping the maximum data possible from the preset indexes of the targeted websites and other resources. Companies use web scraping for making decisions and planning tactics as it provides viable and accurate data on the topics.

It's normal to know web scraping is mainly associated with marketing and commercial companies, however, they are not the only ones, which benefit from this procedure as everybody stands to benefit from extracting stock market information. Investors stand to take benefits as data advantages them in these ways:

Investment PossibilitiesPricing ChangesPricing PredictionsReal-Time DataStock Markets Trends

Using web scraping for others’ data, stock market data scraping isn’t the coolest job to do but yields important results if done correctly. Investors might be given insights on different parameters, which would be applicable for making the finest and coolest decisions.

Scraping Stock Market and Yahoo Finance Data with Python

Initially, you’ll require installing Python 3 for Mac, Linux, and Windows. After that, install the given packages to allow downloading and parsing HTML data: and pip for the package installation, a Python request package to send requests and download HTML content of the targeted page as well as Python LXML for parsing with the Xpaths.

Python 3 Code for Scraping Data from Yahoo Finance

from lxml import htmlrimport requestsrimport jsonrimport argparserfrom collections import OrderedDictrdef get_headers():r return {"accept": "text/html,application/xhtml+xml,application/xml;q=0.9,image/webp,image/apng,*/*;q=0.8,application/signed-exchange;v=b3;q=0.9",r "accept-encoding": "gzip, deflate, br",r "accept-language": "en-GB,en;q=0.9,en-US;q=0.8,ml;q=0.7",r "cache-control": "max-age=0",r "dnt": "1",r "sec-fetch-dest": "document",r "sec-fetch-mode": "navigate",r "sec-fetch-site": "none",r "sec-fetch-user": "?1",r "upgrade-insecure-requests": "1",rr "user-agent": "Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/81.0.4044.122 Safari/537.36"}rdef parse(ticker):r url = "http://finance.yahoo.com/quote/%s?p=%s" % (ticker, ticker)r response = requests.get(r url, verify=False, headers=get_headers(), timeout=30)r print("Parsing %s" % (url))r parser = html.fromstring(response.text)r summary_table = parser.xpath(r '//div[contains(@data-test,"summary-table")]//tr')r summary_data = OrderedDict()r other_details_json_link = "https://query2.finance.yahoo.com/v10/finance/quoteSummary/{0}?formatted=true&lang=en-US®ion=US&modules=summaryProfile%2CfinancialData%2CrecommendationTrend%2CupgradeDowngradeHistory%2Cearnings%2CdefaultKeyStatistics%2CcalendarEvents&corsDomain=finance.yahoo.com".format(r ticker)r summary_json_response = requests.get(other_details_json_link)r try:r json_loaded_summary = json.loads(summary_json_response.text)r summary = json_loaded_summary["quoteSummary"]["result"][0]r y_Target_Est = summary["financialData"]["targetMeanPrice"]['raw']r earnings_list = summary["calendarEvents"]['earnings']r eps = summary["defaultKeyStatistics"]["trailingEps"]['raw']r datelist = []r for i in earnings_list['earningsDate']:rr datelist.append(i['fmt'])r earnings_date = ' to '.join(datelist)r for table_data in summary_table:r raw_table_key = table_data.xpath(r './/td[1]//text()')r raw_table_value = table_data.xpath(r './/td[2]//text()')r table_key = ''.join(raw_table_key).strip()r table_value = ''.join(raw_table_value).strip()r summary_data.update({table_key: table_value})r summary_data.update({'1y Target Est': y_Target_Est, 'EPS (TTM)': eps,r 'Earnings Date': earnings_date, 'ticker': ticker,r 'url': url})r return summary_datar except ValueError:r print("Failed to parse json response")r return {"error": "Failed to parse json response"}r except:r return {"error": "Unhandled Error"}rif __name__ == "__main__":r argparser = argparse.ArgumentParser()r argparser.add_argument('ticker', help='')r args = argparser.parse_args()r ticker = args.tickerr print("Fetching data for %s" % (ticker))r scraped_data = parse(ticker)rr print("Writing data to output file")r with open('%s-summary.json' % (ticker), 'w') as fp:r json.dump(scraped_data, fp, indent=4)

Real-Time Data Scraping

As the stock market has continuous ups and downs, the best option is to utilize a web scraper, which scrapes data in real-time. All the procedures of data scraping might be performed in real-time using a real-time data scraper so that whatever data you would get is viable then, permitting the best as well as most precise decisions to be done.

Real-time data scrapers are more costly than slower ones however are the finest options for businesses and investment firms, which rely on precise data in the market as impulsive as stocks.

Advantages of Stock Market Data Scraping

All the businesses can take advantage of web scraping in one form particularly for data like user data, economic trends, and the stock market. Before the investment companies go into investment in any particular stocks, they use data scraping tools as well as analyze the scraped data for guiding their decisions.

Investments in the stock market are not considered safe as it is extremely volatile and expected to change. All these volatile variables associated with stock investments play an important role in the values of stocks as well as stock investment is considered safe to the extent while all the volatile variables have been examined and studied.

To collect as maximum data as might be required, you require to do stock markets data scraping. It implies that maximum data might need to be collected from stock markets using stock market data scraping bots.

This software will initially collect the information, which is important for your cause as well as parses that to get studied as well as analyzed for smarter decision making.

Studying Stock Market with Python

Jupyter notebook might be utilized in a course of the tutorial as well as you can have it on GitHub.

Setup Procedure

You will start installing jupyter notebooks because you have installed Anaconda

Along with anaconda, install different Python packages including beautifulsoup4, fastnumbers, and dill.

Add these imports to the Python 3 jupyter notebooks

What Will You Require Extract the Necessary Data?

Remove all the excessive spaces between the strings

A few strings from the web pages are available with different spaces between words. You may remove it with following:

def remove_multiple_spaces(string):r if type(string)==str:r return ' '.join(string.split())r return string

Please Visit To Read More: https://www.webscreenscraping.com/how-to-scrape-stock-market-data-using-python.php

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