Book Image

SAS for Finance

By : Harish Gulati
Book Image

SAS for Finance

By: Harish Gulati

Overview of this book

SAS is a groundbreaking tool for advanced predictive and statistical analytics used by top banks and financial corporations to establish insights from their financial data. SAS for Finance offers you the opportunity to leverage the power of SAS analytics in redefining your data. Packed with real-world examples from leading financial institutions, the author discusses statistical models using time series data to resolve business issues. This book shows you how to exploit the capabilities of this high-powered package to create clean, accurate financial models. You can easily assess the pros and cons of models to suit your unique business needs. By the end of this book, you will be able to leverage the true power of SAS to design and develop accurate analytical models to gain deeper insights into your financial data.
Table of Contents (9 chapters)

Visualization of time series data

With an increase in software, there is also the option to use fancy charts to visualize data, while creating a better understanding of the underlying story. However, some charts don't work as well with time series data. The line chart is the one that works best for almost all business cases. Let's explore the case of the growth over lending in the last three years:

Figure 2.3: Visualization of time series

All of the six charts are trying to tell the same story. The bank has seen lending grow from £2.35 billion to £2.84 billion between 2015 and 2017. However, some of the charts are much better placed to tell the story. The best placed is the line chart, which depicts the time on the x-axis and the value of lending on the y-axis. As we read the chart, it becomes apparent that the line shows a growth in lending. The bar chart...