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mean

Calculate the average of a target column.

The rolling mean is a simple moving average that calculates the average of a target variable. This function is widely used in financial analysis to smooth short-term fluctuations and highlight longer-term trends or cycles in time series data.

Examples

from openbb import obb
# Get Mean.
stock_data = obb.equity.price.historical(symbol="TSLA", start_date="2023-01-01", provider="fmp").to_df()
returns = stock_data["close"].pct_change().dropna()
obb.quantitative.stats.mean(data=returns, target="close")
obb.quantitative.stats.mean(target='close', data=[{'date': '2023-01-02', 'close': 0.05}, {'date': '2023-01-03', 'close': 0.08}, {'date': '2023-01-04', 'close': 0.07}, {'date': '2023-01-05', 'close': 0.06}, {'date': '2023-01-06', 'close': 0.06}])

Parameters

NameTypeDescriptionDefaultOptional
dataList[Data]The time series data as a list of data points.False
targetstrThe name of the column for which to calculate the mean.False

Returns

OBBject
results : List[Data]
An object containing the mean value.