python code to change a text during the timeline

hey guys, I'm a physicist teacher and I'm trying to create a code that modifies a text during the timeline evolution. The ideia is make a display that show some information such the position of a object while it is moving. For this, I was thinking in make a code that

1. get the information about an object (its position, angle between its edges, this things)
2. create a text showing this information
3. create a key frame to 'save' the information

and them a loop for repeat this process along the movimente of the object.

If someone can help me, I really appreciate it.