Bond valuation and stock RROI

This documentation concerns the valuations of bonds and of stocks relative to bonds. The first tab, Stock RROI relative to bonds (theory), presents the general theory underlying the calculation of a stock (or stock market’s) required return on investment relative to bond \(B\), or, RROI/B for short. The tab Bond valuation tutorial illustrates functions in functions.py and yield_sketch.py tailored to analysing investment grade, Australian Government Treasury Bonds (eTBs). The tab Stocks to bonds RROI tutorial illustrates functions in functions.py tailored to calculating the RROI relative to eTBs.

Note, the primary means of gathering data is through scraping it from either Yahoo finance or the official Australian Government Bonds website.