Ternary Operators

Ternary operators allow you to build if/then/else conditional logic within your transforms. Please use the IF function instead.

NOTE: Ternary operators have been superseded by the IF function. See IF Function.

In the following, if the test expression evaluates to true, the true_expression is executed. Otherwise, the false_expression is executed.

All of these expressions can be constants (strings, integers, or any other supported literal value) or sophisticated elements of logical, although the test expression must evaluate to a Boolean value.

Usage

Example data:

XY
truetrue
truefalse
falsetrue
falsefalse

Transforms:

Results:

Your output looks like the following:

XYequals
truetrueyes
truefalseno
falsetrueno
falsefalseyes

Examples

Example - Stock Quotes

You have a set of stock prices that you want to analyze. Based on a set of rules, you want to determine any buy, sell, or hold action to take.

Source:

TicketQtyBuyPriceCurrentPrice
GOOG10705.25674.5
FB10084.00101.125
AAPL50125.2597.375
MSFT10038.87545.25

Transform:

You can perform evaluations of this data using ternary operators to determine if you want to take action.

NOTE: In a larger dataset, you might maintain your buy, sell, and hold evaluations for each stock in a separate dataset that you join to the source dataset before performing comparisons between column values. See Join Page.

To assist in evaluation, you might first want to create columns that contain the cost (Basis) and the current value (CurrentValue) for each stock:

derive value:(Qty * BuyPrice) as:'Basis'

derive value:(Qty * CurrentPrice) as:'CurrentValue'

Now, you can build some rules based on the spread between Basis and CurrentValue.

The most important action is determining if it is time to sell. The following rule writes a sell notification if the current value is $1000 or more than the cost. Otherwise, no value is written to the action column.

But what about buying more? The following transform is an edit to the previous one. In this new version, the sell test is performed, and if writes a buy action if the CurrentPrice is within 10% of the BuyPrice.

This second evaluation is performed after the first one, as it replaces the else clause, which did nothing in the previous version. In the Recipe panel, click the previous transform and edit it, replacing it with the new version:

If neither test evaluates to true, the written action is hold.

You might want to format some of your columns using dollar formatting, as in the following:

NOTE: The following formatting inserts a dollar sign ($) in front of the value, which changes the data type to String.

set col:BuyPrice value:NUMFORMAT(BuyPrice, '$ ##,###.00')

Results:

After moving your columns, your dataset should look like the following, if you completed the number formatting steps:

TicketQtyBuyPriceCurrentPriceBasisCurrentValueaction
GOOG10705.25$ 674.50$ 7,052.50$ 6,745.00buy
FB10084.00$ 101.13$ 8,400.00$ 10,112.50sell
AAPL50125.25$ 97.38$ 6,262.50$ 4,868.75hold
MSFT10038.88$ 45.25$ 3,887.50$ 4,525.00hold

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