Line of Inquiry:

How have the stock prices of Meta, Amazon, and Alphabet (Google) evolved over the last year, and is there any noticeable correlation or pattern among them?

Approach to Answering the Question:

To address this, I will analyze the historical stock prices of Meta, Amazon, and Alphabet over the past year. My focus will be on identifying trends, patterns, and potential correlations within this time frame. Through this analysis, I want gain insights into the recent performance of these stocks, to see how they have moved individually and whether any observable correlations or patterns have emerged over the last year.

Data Collection

I’ll be web scraping the weekly historical data available on Yahoo Finance for each of these stocks and then combining them into one data table to create figures from. These stocks are all similar in that they are non-dividend stocks in the tech sector.

Analysis

Here we can compare the three stocks total trading volume over the last year. As we can see, Amazon was significantly higher which was surprising to me.

In this chart we can view the similarity in movements between the three stocks. Google and Amazon are obviously closely related. Meta stock movements appear to deviate a bit more from the patterns observed in Google and Amazon. This is probably due to things like company-specific news.

Here we can see the differences in daily high and low stock prices. Meta seems to have a lot more variance and daily swings compared to the other two.