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You're reading from  Advanced Elasticsearch 7.0

Product typeBook
Published inAug 2019
Reading LevelBeginner
PublisherPackt
ISBN-139781789957754
Edition1st Edition
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Author (1)
Wai Tak Wong
Wai Tak Wong
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Wai Tak Wong

Wai Tak Wong is a faculty member in the Department of Computer Science at Kean University, NJ, USA. He has more than 15 years professional experience in cloud software design and development. His PhD in computer science was obtained at NJIT, NJ, USA. Wai Tak has served as an associate professor in the Information Management Department of Chung Hua University, Taiwan. A co-founder of Shanghai Shellshellfish Information Technology, Wai Tak acted as the Chief Scientist of the R&D team, and he has published more than a dozen algorithms in prestigious journals and conferences. Wai Tak began his search and analytics technology career with Elasticsearch in the real estate market and later applied this to data management and FinTech data services.
Read more about Wai Tak Wong

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Operational data analytics

Many professionals in the industry use the term operational data analytics to refer to the real-time observation of business processes. In the analytics world, operational data analytics are used to examine the latest information that businesses encounter every day, and then making the appropriate adjustments and proposing an instant solution for change. Regarding the technical stock price and volatility indicators, Bollinger Bands are a popular analysis tool to inform daily trading decisions. The band is composed of three different lines, with two standard deviations (positive and negative) away from simple moving averages (SMA). Volatility is based on standard deviation. As the volatility increases, the band widens, and vice versa. The formula for Bollinger Bands is described in the following code block. Interested readers can take a look at the reference...

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Advanced Elasticsearch 7.0
Published in: Aug 2019Publisher: PacktISBN-13: 9781789957754

Author (1)

author image
Wai Tak Wong

Wai Tak Wong is a faculty member in the Department of Computer Science at Kean University, NJ, USA. He has more than 15 years professional experience in cloud software design and development. His PhD in computer science was obtained at NJIT, NJ, USA. Wai Tak has served as an associate professor in the Information Management Department of Chung Hua University, Taiwan. A co-founder of Shanghai Shellshellfish Information Technology, Wai Tak acted as the Chief Scientist of the R&D team, and he has published more than a dozen algorithms in prestigious journals and conferences. Wai Tak began his search and analytics technology career with Elasticsearch in the real estate market and later applied this to data management and FinTech data services.
Read more about Wai Tak Wong