Book Image

R for Data Science Cookbook (n)

By : Yu-Wei, Chiu (David Chiu)
Book Image

R for Data Science Cookbook (n)

By: Yu-Wei, Chiu (David Chiu)

Overview of this book

This cookbook offers a range of data analysis samples in simple and straightforward R code, providing step-by-step resources and time-saving methods to help you solve data problems efficiently. The first section deals with how to create R functions to avoid the unnecessary duplication of code. You will learn how to prepare, process, and perform sophisticated ETL for heterogeneous data sources with R packages. An example of data manipulation is provided, illustrating how to use the “dplyr” and “data.table” packages to efficiently process larger data structures. We also focus on “ggplot2” and show you how to create advanced figures for data exploration. In addition, you will learn how to build an interactive report using the “ggvis” package. Later chapters offer insight into time series analysis on financial data, while there is detailed information on the hot topic of machine learning, including data classification, regression, clustering, association rule mining, and dimension reduction. By the end of this book, you will understand how to resolve issues and will be able to comfortably offer solutions to problems encountered while performing data analysis.
Table of Contents (19 chapters)
R for Data Science Cookbook
About the Author
About the Reviewer

Predicting stock prices with an ARIMA model

As the historical prices of a stock are also a time series, we can thus build an ARIMA model to forecast future prices of a given stock. In this recipe, we introduce how to load historical prices with the quantmod package, and make predictions on stock prices with ARIMA.

Getting ready

In this recipe, we use the example of stock price prediction to review all the concepts we have covered in previous topics. You will require knowledge of how to create an ARIMA model and make predictions based on a built model to follow this recipe.

How to do it…

Please perform the following steps to predict Facebook's stock price with the ARIMA model:

  1. First, install and load the quantmod package:

    > install.packages("quantmod")
    > library(quantmod)
  2. Download the historical prices of Facebook Inc from Yahoo with quantmod:

    > getSymbols("FB",src="yahoo", from="2015-01-01")
  3. Next, plot the historical stock prices as a line chart:

    > plot(FB)

    Figure 23: A historical...