In this exercise you will learn to plot data using the ggplot2 package. To answer the questions below, use 4.1 Categorical vs. Categorical from Data Visualization with R.
# Load packages
library(tidyquant)
library(tidyverse)
library(lubridate) #for year()
# Pick stocks
stocks <- c("AAPL", "MSFT", "IBM")
# Import stock prices
stock_prices <- stocks %>%
tq_get(get = "stock.prices",
from = "1990-01-01",
to = "2019-05-31") %>%
group_by(symbol)
stock_prices
## # A tibble: 22,230 x 8
## # Groups: symbol [3]
## symbol date open high low close volume adjusted
## <chr> <date> <dbl> <dbl> <dbl> <dbl> <dbl> <dbl>
## 1 AAPL 1990-01-02 1.26 1.34 1.25 1.33 45799600 1.08
## 2 AAPL 1990-01-03 1.36 1.36 1.34 1.34 51998800 1.09
## 3 AAPL 1990-01-04 1.37 1.38 1.33 1.34 55378400 1.10
## 4 AAPL 1990-01-05 1.35 1.37 1.32 1.35 30828000 1.10
## 5 AAPL 1990-01-08 1.34 1.36 1.32 1.36 25393200 1.11
## 6 AAPL 1990-01-09 1.36 1.36 1.32 1.34 21534800 1.10
## 7 AAPL 1990-01-10 1.34 1.34 1.28 1.29 49929600 1.05
## 8 AAPL 1990-01-11 1.29 1.29 1.23 1.23 52763200 1.00
## 9 AAPL 1990-01-12 1.22 1.24 1.21 1.23 42974400 1.00
## 10 AAPL 1990-01-15 1.23 1.28 1.22 1.22 40434800 0.997
## # … with 22,220 more rows
# Process stock_prices and save it under stock_returns
stock_returns <-
stock_prices %>%
# Calculate yearly returns
tq_transmute(select = adjusted, mutate_fun = periodReturn, period = "yearly") %>%
# create a new variable, year
mutate(year = year(date)) %>%
# drop date
select(-date)
stock_returns
## # A tibble: 90 x 3
## # Groups: symbol [3]
## symbol yearly.returns year
## <chr> <dbl> <dbl>
## 1 AAPL 0.169 1990
## 2 AAPL 0.323 1991
## 3 AAPL 0.0691 1992
## 4 AAPL -0.504 1993
## 5 AAPL 0.352 1994
## 6 AAPL -0.173 1995
## 7 AAPL -0.345 1996
## 8 AAPL -0.371 1997
## 9 AAPL 2.12 1998
## 10 AAPL 1.51 1999
## # … with 80 more rows
Hint: See the code in 4.3.1 Bar chart (on summary statistics).
library(dplyr)
plotdata <- stock_returns %>%
group_by(symbol) %>%
summarize(mean_returns = mean(yearly.returns))
plotdata
## # A tibble: 3 x 2
## symbol mean_returns
## <chr> <dbl>
## 1 AAPL 0.366
## 2 IBM 0.116
## 3 MSFT 0.283
Hint: See the code in 4.3.1 Bar chart (on summary statistics).
ggplot(plotdata,
aes(x = symbol,
y = mean_returns)) +
geom_bar(stat = "identity")
Hint: See the code in 4.3.1 Bar chart (on summary statistics).
library(scales)
ggplot(plotdata,
aes(x = factor(symbol,
labels = c("Apple",
"IBM",
"Microsoft")),
y = mean_returns)) +
geom_bar(stat = "identity",
fill = "cornflowerblue") +
geom_text(aes(label = (mean_returns)),
vjust = -0.25)
Hint: See the code in 4.3.2 Grouped kernel density plots.
ggplot(stock_returns,
aes(x = yearly.returns,
fill = symbol)) +
geom_density(alpha = 0.4) +
labs(title = "Yearly Returns by Stock")
Hint: Google how to interpret density plots. IBM has the highest chance of losing big out of the three stocks. The other two companies are more consistent with average annual returns.It seems Microsoft and Apple have had a few more bad stock days, they have way a lot better stock days to make up for it. IMB has a greater density and peak, but way shorter range, putting the business in danger if problems were to occur.
Hint: See the code in 4.3.3 Box plots.
ggplot(stock_returns,
aes(x = symbol,
y = yearly.returns))+
geom_boxplot() +
labs(title = "Yearly Returns by Stock")
If I am a high risk investor I am more interested chasing Apple and the chances of a high reward. If you look at the box and density plots you can see that Apple stocks provide a high risk, high reward scenario for the stock purchaser. One could choose to purchase a larger risk stock with potential big profit rewards or settle for a more steady route, like IBM or Microsoft.
Hint: Use message, echo and results in the global chunk options. Refer to the RMarkdown Reference Guide.