๐Ÿ“Œ Phase 1.3 - Enhance API Response with Data Formatting & Insights


1. Objectives

โœ… Goal

Enhance API responses by providing structured, insightful, and easily interpretable data for better decision-making.

๐ŸŽฏ Key Tasks

  1. Refine API Response Structure: Enhance response structure with clear formatting.
  2. Include Performance Metrics: Add API performance data (e.g., elapsed time, cache hit/miss).
  3. Integrate Analytical Insights: Provide automated statistical summaries, anomaly detection, and contextual interpretation.
  4. Visualisation-Ready Data: Prepare data for seamless integration with frontend visualisation libraries.

2. Task Breakdown

1๏ธโƒฃ Enhance API Response Structure

  • Task: Update the StockResponse model to include performance metrics.
  • Subtasks:
    • Integrate elapsed response time (elapsed_time)
    • Include cache status indicators (cache hit/miss)
    • Implement clear data formatting (date/price normalisation)
  • Expected Output: Well-structured, informative API responses.

2๏ธโƒฃ Provide Insightful Data Components

  • Task: Incorporate statistical summaries and automated analytics into API responses.
  • Subtasks:
    • Compute and include summary statistics (high, low, volatility, trend analysis).
    • Develop automatic anomaly detection mechanism.
    • Generate business-contextual interpretations using AI analysis.
  • Expected Output: Data-driven insights delivered automatically with each API response.

3๏ธโƒฃ Visualisation Support

  • Task: Format data specifically for frontend chart libraries.
  • Subtasks:
    • Normalise date and price data formats.
    • Structure data compatible with popular frontend visualisation libraries (e.g., Chart.js, Recharts).
  • Expected Output: Data formatted explicitly for frontend visualisations.

3๏ธโƒฃ Database & Cache Performance Validation

  • Task: Ensure performance optimisations remain effective.
  • Subtasks:
    • Validate data retrieval speed with performance measurement.
    • Document cache hit rates and data retrieval times.
  • Expected Output: Verified continued performance gains from caching strategy.

3. Expected Deliverables

  • Enhanced API responses with structured performance data.
  • Insightful analytics (summary stats, trends, anomalies) integrated directly into API responses.
  • Frontend-ready structured data, easing visualisation integration.

4. Next Steps

๐Ÿ”œ Develop Frontend UI to Display Enhanced Insights & Predictions

๐Ÿ”œ Automate Regular Data Updates & Insights Generation