{"id":9885,"date":"2019-10-17T16:14:40","date_gmt":"2019-10-17T20:14:40","guid":{"rendered":"https:\/\/blog.brainstation.io\/?p=9885"},"modified":"2021-01-28T16:08:55","modified_gmt":"2021-01-28T21:08:55","slug":"graduate-highlight-andres-jaramillo-data-science","status":"publish","type":"post","link":"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science","title":{"rendered":"Graduate Highlight: Andres Jaramillo, Data Science"},"content":{"rendered":"\n

BrainStation\u2019s <\/span>Data Science Diploma<\/span><\/a> is an intensive program designed to launch students\u2019 careers in data. To further showcase what can be accomplished after a 12-week diploma program, we spoke with <\/span>Andres Jaramillo<\/span>, a recent BrainStation graduate to learn more about his capstone project. <\/span><\/p>\n\n\n\n

Jaramillo wanted to complement his background in digital marketing with the ability to leverage data. \u201cI decided to pursue data science to learn more sophisticated tools to prepare myself for the future landscape surrounded by data.\u201d<\/span><\/p>\n\n\n\n

Inspired by stories of successful traders, and particularly traders who\u2019d made millions only to lose everything, he decided to build an automated <\/span>Quantitative Financial Algorithm<\/span><\/a>. One that was able to play in the stock market \u2026 and win.<\/span><\/p>\n\n\n\n

The model and process are explained in-depth in Jaramillo\u2019s <\/span>portfolio<\/span><\/a>, but here are some key takeaways:<\/span><\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

\u201cI’ve always found it interesting hearing stories about successful traders who managed to beat the market. Quantitative trading is one of the many possible strategies available for doing so, but I think the word quantitative scares “non-technical” traders from trying it out,\u201d Jaramillo said.<\/span><\/p>\n\n\n\n

\u201cI thought this project could be a great introduction to financial markets and their machine learning applications, while also practicing my data science skills.\u201d<\/span><\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

To start, Jaramillo designed a framework \u2013 a skeletal model with a robust infrastructure. His aim was for the model to be unbiased, fully automated, able to beat the S&P500 growth rate, and have long-term exponential growth. <\/span><\/p>\n\n\n\n

Next, he had to build a strategy. \u201cI don\u2019t have a financial background, so creating a buying and selling strategy took multiple attempts.\u201d But, he said, this worked to his advantage. \u201cI didn\u2019t approach this project as a typical investor who acts on knowledge because that involves a bias that may lead to missed opportunities.\u201d<\/span><\/p>\n\n\n\n

Then, of course, it was time to test the algorithm. Jaramillo backtested his models on historical stock data and found that the algorithm was a success, returning a <\/span>rate of 827.9% within nine years<\/span><\/a>. <\/span><\/p>\n\n\n\n

\u201cThe key lesson I learned [at BrainStation] was how to approach solving problems as a Data Scientist. Without this methodology learned, I would have quickly felt overwhelmed and disheartened at the start of my project,\u201d he said. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Data Science Graduate Andres Jaramillo designed an algorithm that could play in the stock market… and win. See his process in this project highlight. <\/p>\n","protected":false},"author":7,"featured_media":9888,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[303,343],"tags":[875,332,405,111,1081,1087,1086],"yoast_head":"\nGraduate Highlight: Andres Jaramillo, Data Science | BrainStation\u00ae Blog<\/title>\n<meta name=\"description\" content=\"Data Science Graduate Andres Jaramillo designed an algorithm that could play in the stock market... and win. See his process in this project highlight.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Graduate Highlight: Andres Jaramillo, Data Science | BrainStation\u00ae Blog\" \/>\n<meta property=\"og:description\" content=\"Data Science Graduate Andres Jaramillo designed an algorithm that could play in the stock market... and win. See his process in this project highlight.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science\" \/>\n<meta property=\"og:site_name\" content=\"BrainStation\u00ae Blog\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-17T20:14:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-28T21:08:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/d2re7sjnpekmig.cloudfront.net\/prod\/wp-content\/uploads\/2019\/10\/james-orr-IDBtLbhZl9Y-unsplash.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"4912\" \/>\n\t<meta property=\"og:image:height\" content=\"3264\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"BrainStation\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/brainstation.io\/blog\/#website\",\"url\":\"https:\/\/brainstation.io\/blog\/\",\"name\":\"BrainStation\u00ae Blog\",\"description\":\"The Digital Learning Company\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/brainstation.io\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science#primaryimage\",\"url\":\"https:\/\/d2re7sjnpekmig.cloudfront.net\/prod\/wp-content\/uploads\/2019\/10\/james-orr-IDBtLbhZl9Y-unsplash.jpg\",\"contentUrl\":\"https:\/\/d2re7sjnpekmig.cloudfront.net\/prod\/wp-content\/uploads\/2019\/10\/james-orr-IDBtLbhZl9Y-unsplash.jpg\",\"width\":4912,\"height\":3264},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science#webpage\",\"url\":\"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science\",\"name\":\"Graduate Highlight: Andres Jaramillo, Data Science | BrainStation\u00ae Blog\",\"isPartOf\":{\"@id\":\"https:\/\/brainstation.io\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science#primaryimage\"},\"datePublished\":\"2019-10-17T20:14:40+00:00\",\"dateModified\":\"2021-01-28T21:08:55+00:00\",\"author\":{\"@id\":\"https:\/\/brainstation.io\/blog\/#\/schema\/person\/9f37983a6c4da6cf5dd422481ac8cf11\"},\"description\":\"Data Science Graduate Andres Jaramillo designed an algorithm that could play in the stock market... and win. See his process in this project highlight.\",\"breadcrumb\":{\"@id\":\"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/brainstation.io\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Graduate Highlight: Andres Jaramillo, Data Science\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/brainstation.io\/blog\/#\/schema\/person\/9f37983a6c4da6cf5dd422481ac8cf11\",\"name\":\"BrainStation\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/brainstation.io\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/80c14b8388838ae1453aec36606b232d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/80c14b8388838ae1453aec36606b232d?s=96&d=mm&r=g\",\"caption\":\"BrainStation\"},\"description\":\"BrainStation is a global leader in digital skills training, empowering businesses and brands to succeed in the digital age. Established in 2012, BrainStation has worked with over 250 instructors from the most innovative companies, developing cutting-edge, real-world digital education that has empowered more than 50,000 professionals and some of the largest corporations in the world.\",\"url\":\"https:\/\/brainstation.io\/blog\/author\/brainstation\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Graduate Highlight: Andres Jaramillo, Data Science | BrainStation\u00ae Blog","description":"Data Science Graduate Andres Jaramillo designed an algorithm that could play in the stock market... and win. See his process in this project highlight.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science","og_locale":"en_US","og_type":"article","og_title":"Graduate Highlight: Andres Jaramillo, Data Science | BrainStation\u00ae Blog","og_description":"Data Science Graduate Andres Jaramillo designed an algorithm that could play in the stock market... and win. See his process in this project highlight.","og_url":"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science","og_site_name":"BrainStation\u00ae Blog","article_published_time":"2019-10-17T20:14:40+00:00","article_modified_time":"2021-01-28T21:08:55+00:00","og_image":[{"width":4912,"height":3264,"url":"https:\/\/d2re7sjnpekmig.cloudfront.net\/prod\/wp-content\/uploads\/2019\/10\/james-orr-IDBtLbhZl9Y-unsplash.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"BrainStation","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/brainstation.io\/blog\/#website","url":"https:\/\/brainstation.io\/blog\/","name":"BrainStation\u00ae Blog","description":"The Digital Learning Company","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/brainstation.io\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science#primaryimage","url":"https:\/\/d2re7sjnpekmig.cloudfront.net\/prod\/wp-content\/uploads\/2019\/10\/james-orr-IDBtLbhZl9Y-unsplash.jpg","contentUrl":"https:\/\/d2re7sjnpekmig.cloudfront.net\/prod\/wp-content\/uploads\/2019\/10\/james-orr-IDBtLbhZl9Y-unsplash.jpg","width":4912,"height":3264},{"@type":"WebPage","@id":"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science#webpage","url":"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science","name":"Graduate Highlight: Andres Jaramillo, Data Science | BrainStation\u00ae Blog","isPartOf":{"@id":"https:\/\/brainstation.io\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science#primaryimage"},"datePublished":"2019-10-17T20:14:40+00:00","dateModified":"2021-01-28T21:08:55+00:00","author":{"@id":"https:\/\/brainstation.io\/blog\/#\/schema\/person\/9f37983a6c4da6cf5dd422481ac8cf11"},"description":"Data Science Graduate Andres Jaramillo designed an algorithm that could play in the stock market... and win. See his process in this project highlight.","breadcrumb":{"@id":"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/brainstation.io\/blog\/graduate-highlight-andres-jaramillo-data-science#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/brainstation.io\/blog"},{"@type":"ListItem","position":2,"name":"Graduate Highlight: Andres Jaramillo, Data Science"}]},{"@type":"Person","@id":"https:\/\/brainstation.io\/blog\/#\/schema\/person\/9f37983a6c4da6cf5dd422481ac8cf11","name":"BrainStation","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/brainstation.io\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/80c14b8388838ae1453aec36606b232d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/80c14b8388838ae1453aec36606b232d?s=96&d=mm&r=g","caption":"BrainStation"},"description":"BrainStation is a global leader in digital skills training, empowering businesses and brands to succeed in the digital age. Established in 2012, BrainStation has worked with over 250 instructors from the most innovative companies, developing cutting-edge, real-world digital education that has empowered more than 50,000 professionals and some of the largest corporations in the world.","url":"https:\/\/brainstation.io\/blog\/author\/brainstation"}]}},"_links":{"self":[{"href":"https:\/\/brainstation.io\/blog\/wp-json\/wp\/v2\/posts\/9885"}],"collection":[{"href":"https:\/\/brainstation.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/brainstation.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/brainstation.io\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/brainstation.io\/blog\/wp-json\/wp\/v2\/comments?post=9885"}],"version-history":[{"count":10,"href":"https:\/\/brainstation.io\/blog\/wp-json\/wp\/v2\/posts\/9885\/revisions"}],"predecessor-version":[{"id":12601,"href":"https:\/\/brainstation.io\/blog\/wp-json\/wp\/v2\/posts\/9885\/revisions\/12601"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brainstation.io\/blog\/wp-json\/wp\/v2\/media\/9888"}],"wp:attachment":[{"href":"https:\/\/brainstation.io\/blog\/wp-json\/wp\/v2\/media?parent=9885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brainstation.io\/blog\/wp-json\/wp\/v2\/categories?post=9885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brainstation.io\/blog\/wp-json\/wp\/v2\/tags?post=9885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}