Data analysis in investment - A way to invest effectively
Before making an investment, analysis of the market is the need of the hour, to ensure that the money we invest generates at least the expected profit. “In God we trust, all others bring data.” — W Edwards Deming. Data can reveal very important and unexpected insights if one explores it properly. With a proper knowledge in Data Analysis, investment companies can investigate over a wide range of options and shortlist the top options in which probability of making a profit would be high. The case study is of a company that wants to make a profitable investment in the market but has two constraints while doing so. It wants to invest between 5 to 15 million USD per round of investment and also wants to invest only in English-speaking countries because of the ease of communication with the companies it would invest in. The overall analysis is divided as follows: The first step is to clean the data by removing the values that are not required and converting the non-numerical data into nume...