Redis Stack for Application Modernization

7

Redis Stack as a Time Series Database

Redis Stack, as we learned in Chapter 1, Introducing Redis Stack, is also capable of handling a particular data type called time-series data points.

Time series are a sequence of data points collected and recorded over time at regular intervals. In a time series, the data points are typically measured by intervals ranging from hourly to daily, weekly, monthly, or yearly. Time-series data can represent various types of observations, such as stock prices, weather data, sales figures, or economic indicators, among others.

Time-series analysis is the process of using statistical techniques to study and forecast trends, patterns, and correlations within the data. This can help in understanding the underlying ...