Is yfinance open source? (2024)

Is yfinance open source?

yfinance is not affiliated, endorsed, or vetted by Yahoo, Inc. It's an open-source tool that uses Yahoo's publicly available APIs, and is intended for research and educational purposes.

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Is yfinance API free?

Yahoo Finance API is a free financial data API that provides real-time stock quotes, historical data, and financial news for stocks, bonds, currencies, commodities, and indices.

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Where does Yahoo Finance get its stock data?

US IPO data is provided by EDGAR Online, a division of OTC Markets Group. US equities and global index historical data and daily updates provided by Commodity Systems, Inc. Financial statements, valuation ratios, market cap and shares outstanding data provided by Morningstar.

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Is Yahoo Finance a reliable source?

Yahoo Finance offers accurate and timely data on basic stock information like price, volume, market cap, earnings, dividends, basic ratios, analyst ratings and news. However, the data lacks depth and is not vetted for performance.

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Does yfinance provide real-time data?

Yahoo Finance provides real-time streaming quotes for many exchanges. Real-time data is available during an exchange's market hours, and in some cases during pre-market and post-market hours. However, not all markets will stream in real-time.

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Can I use Yahoo Finance data for commercial use?

You must not redistribute information displayed on or provided by Yahoo Finance. All data provided on Yahoo Finance is provided for informational purposes only, and is not intended for trading or investing purposes. Find all exchanges and markets that Yahoo Finance covers.

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What is the alternative to yfinance in Python?

Similar to yfinance, Alpha Vantage is another Python library that helps obtain the historical prices data as well as the fundamental data through the Alpha Vantage API. One additional bonus of Alpha Vantage is that it also offers technical indicator data such as SMA, EMA, MACD, Bollinger Bands, etc.

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Does Yahoo Finance API still work?

However, it was shut down in 2017. Since you are looking for an alternative, you are probably already aware that the Yahoo Finance API has been discontinued. But why? Several sources mention the excessive usage of the free plan by scrapers, others the missing rights on some of the data being provided.

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How far back does Yahoo Finance go?

If the data requested is beyond the range of historical prices available through Yahoo Finance, all available data within the range is displayed. Historical prices usually don't go back earlier than 1970.

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How can I get free real-time stock data?

Get Live Market Data For Display or Charting

In the United States, the following discount brokers provide free real-time market data for their customers: Robinhood. Webull. TD Ameritrade.

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Why was Yahoo Finance discontinued?

The official Yahoo Finance API was shut down by Yahoo in 2017 due to widespread abuse against their terms of service. The API was designed to be used internally among Yahoo's own properties and was never officially published for external use.

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What site is better than Yahoo Finance?

Google Finance is a notable free service alternative, offering real-time stock quotes, news, and portfolio tracking tools. Other similar platforms include Investing.com and MarketWatch, both of which provide a wealth of financial information and market news.

Is yfinance open source? (2024)
Who owns Yahoo Finance now?

It is headquartered in Sunnyvale, California, and operated by the namesake company Yahoo! Inc., which is 90% owned by investment funds managed by Apollo Global Management and 10% by Verizon Communications. Yahoo!

What is the difference between yfinance and Yahoo_fin?

Which open-source library is better? The last two options come down to your personal preference and how you'd prefer to receive the financial data. Yfinance provides a simplified approach that some users prefer over the more elaborate Yahoo_fin, which contains many methods to access specific data.

How is yfinance used in Python?

The yfinance library offers Python users a seamless way to retrieve stock data from Yahoo Finance. Whether you're a beginner or a seasoned analyst, this library provides a range of functionalities to help you gather and analyze stock information.

How to use yfinance to extract stock data?

Question 1: Use yfinance to Extract Stock Data

Set the period parameter to max so we get information for the maximum amount of time. Reset the index using the reset_index(inplace=True) function on the tesla_data DataFrame and display the first five rows of the tesla_data dataframe using the head function.

Is Yahoo Finance web scraping legal?

In the case of Yahoo Finance, it is possible to scrape data such as stock prices, financial statements, and other information about publicly traded companies. Web scraping is completely legal if you scrape data publicly available on the internet.

Can you scrape data from Yahoo Finance?

By scraping Yahoo Finance, you can access a wealth of information to support your financial analysis, research, and decision-making processes.

Do I need an API key for Yahoo Finance?

Yes, you need a developer account to use the Yahoo Finance API. You can create a developer account on the Yahoo Developer Network website to get an API key, which is required to access the API. With the account you can use the API to retrieve financial data such as stock prices, news, financial statements, etc.

Which Python is best for finance?

Key Python packages for finance include:
  • NumPy. Provides a powerful set of mathematical and statistical functions. ...
  • Matplotlib. 2D and 3D visualization package. ...
  • Pandas. One of the most popular packages in Python. ...
  • SciPy. ...
  • scikit-learn.
Aug 22, 2023

What is the best Python visualization library for finance?

Plotly. The most popular data visualization library in Python is Plotly, which delivers an interactive plot and is easily readable to beginners. It is widely used for handling financial, geographical, statistical, and scientific data. Its robust API functions effectively in both local and web browser modes.

What is the best Python IDE for algo trading?

This will help remove any doubts that you may have and help you make a choice that best suits your purpose.
  • IDLE. IDLE (Integrated Development and Learning Environment) is a default editor that accompanies Python. ...
  • PyCharm. ...
  • Visual Studio Code. ...
  • Sublime Text 3. ...
  • Atom. ...
  • Jupyter. ...
  • Spyder. ...
  • PyDev.
Feb 6, 2024

Is Googlefinance API discontinued?

The Google Finance API allowed users to query market data and portfolio data until it was shutdown. Learn how to use Google's finance data today. Unfortunately, the Google Finance API was shutdown permanently on October 20, 2012 after being depreciated on May 26, 2011.

What is the limit of Yahoo Finance API Python?

There're some limitations by making the call to Yahoo Finance API: Using the Public API (without authentication), you are limited to 2,000 requests per hour per IP (or up to a total of 48,000 requests a day).

What is the alternative to Yahoo Finance API?

Best Yahoo Finance APIs
  • Morning Star.
  • Yahoo Finance.
  • Twelve Data.
  • Fidelity Investment.
  • Finnhub.
  • Trending Finance.
  • Morning Star.
  • Option Chain.

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