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Non-subjective valuing

  • US 20050060271A1
  • Filed: 09/23/2004
  • Published: 03/17/2005
  • Est. Priority Date: 09/19/1995
  • Status: Abandoned Application
First Claim
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1. A method and procedure for providing the true relative value of an entity, comprising the following steps:

  • determining qualities of said entity and the relative importance of each said quality of said entity to an observer;

    calculating the deductive price of said entity, wherein said entity is noted average in its said qualities (at least one quality selected) in its group, said group identified by the fact that members of said group could have the qualities of those of the other members of said group, this assumed (or real) average unit called the average entity;

    comparing the actual said quality or qualities of any existent test entity to said average entity on a percentage or other graduated basis, and so discovering the monetary value or comparative ranking of any said test entity to said observer by weighing the difference between any said test entity and said Average entity on said noted parallel quality or qualities;

    translating said difference between any said test entity and said Average entity on said noted parallel quality or qualities into monetary or other value or ranking so as to provide the true relative value for said test entity; and

    providing said true relative value for said test entity to said observer.

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