Portfolio performance tracking

• US 20060229963A1
• Filed: 04/11/2005
• Published: 10/12/2006
• Est. Priority Date: 04/11/2005
• Status: Abandoned Application

• Current Assignee: Intuit, Inc.
• Original Assignee: Intuit, Inc.
• Inventors: Creager, Jennifer, Creager, Bradley T.
• Application Number:
  US11/104,049
• Publication Number:
  US 20060229963A1
• Time in Patent Office: Days
• US Class Current: 705/35
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

Portfolio performance tracking and reporting includes integration of performance tracking information for previously-sold securities with performance tracking information for securities that are still held in the portfolio. Performance tracking for securities that are still held is performed by comparing the security'"'"'s current value with the purchase price (basis). Performance tracking for securities that have been sold is performed by comparing the sale price with the purchase price; changes to value that took place subsequent to the sale date are ignored, as they have no bearing on the performance analysis for the portfolio. A report is generated including performance tracking information for individual securities and/or for the portfolio as a whole.

Claims

1. A computer-implemented method for tracking performance of a portfolio, the method comprising:

for at least a first security that is currently held in the portfolio, determining a first performance metric based on a comparison of a current value of the security with a historical price of the security;

for at least a second security that was previously held in the portfolio and has been sold, determining a second performance metric based on a comparison of a sale price of the security with a historical price of the security;

combining the first and second performance metrics to obtain an overall performance metric for the portfolio; and

outputting the overall performance metric for the portfolio.

2. The method of claim 1, wherein:

the first performance metric comprises a rate of return for the first security, measured from an acquisition date to a current date;

the second performance metric comprises a rate of return for the second security, measured from an acquisition date to a sale date; and

the overall performance metric for the portfolio comprises a rate of return as of the current date.

3. The method of claim 1, wherein:

the first performance metric comprises a rate of return for the first security, measured from an acquisition date to a report date;

the second performance metric comprises a rate of return for the second security, measured from an acquisition date to a sale date; and

the overall performance metric for the portfolio comprises a rate of return as of the report date.

4. The method of claim 3, wherein each of the current value, the historical price, and the sale price is associated with a date, and wherein:

determining the first performance metric comprises;

determining a change in value between the current value and the historical price; and

dividing the change in value by the length of time between the date of the current value and the date of the historical price, to determine a first change in value per unit time; and

determining the second performance metric comprises;

determining a change in value between the sale price and the historical price; and

dividing the change in value by the length of time between the date of the sale price and the date of the historical price, to determine a second change in value per unit time.

5. The method of claim 4, wherein combining the first and second performance metrics comprises:

determining an average between the first and second changes in value per unit time.

6. The method of claim 4, wherein combining the first and second performance metrics comprises:

determining a weighted average between the first and second changes in value per unit time.

7. The method of claim 3, wherein each of the current value, the historical price, and the sale price is associated with a date, and wherein:

determining the first performance metric for the first security comprises determining a change in value between the current value and the historical price; and

determining the second performance metric for the second security comprises determining a change in value between the sale price and the historical price.

8. The method of claim 7, wherein combining the first and second performance metrics comprises adding together the first and second performance metrics.

9. The method of claim 7, wherein combining the first and second performance metrics comprises:

determining a weighted average between the first and second changes in value per unit time.

10. The method of claim 1, wherein the report date comprises a current date.

11. The method of claim 1, wherein the historical price of each security comprises a purchase price.

12. The method of claim 1, wherein the historical price of each security comprises a value for the security at the time of its acquisition.

13. The method of claim 1, further comprising, prior to determining the first performance metric, obtaining a current value of the security from an online data source.

14. A computer-implemented method for tracking performance of a security holding in a portfolio, the method comprising:

for a first portion of a security holding, the first portion currently held in the portfolio, determining a first performance metric based on a comparison of a current value of the security with a historical price of the security;

for a second portion of the security holding, wherein the second portion was previously held in the portfolio and has been sold, determining a second performance metric based on a comparison of a sale price of the security with a historical price of the security;

combining the first and second performance metrics to obtain an overall performance metric for the security holding; and

outputting the overall performance metric for the security holding.

15. A computer program product for tracking performance of a portfolio, the comprising:

a computer-readable medium; and

computer program code, encoded on the medium, for;

for at least a first security that is currently held in the portfolio, determining a first performance metric based on a comparison of a current value of the security with a historical price of the security;

for at least a second security that was previously held in the portfolio and has been sold, determining a second performance metric based on a comparison of a sale price of the security with a historical price of the security;

combining the first and second performance metrics to obtain an overall performance metric for the portfolio; and

outputting the overall performance metric for the portfolio.

16. The computer program product of claim 15, wherein:

the first performance metric comprises a rate of return for the first security, measured from an acquisition date to a current date;

the second performance metric comprises a rate of return for the second security, measured from an acquisition date to a sale date; and

the overall performance metric for the portfolio comprises a rate of return as of the current date.

17. The computer program product of claim 15, wherein:

the first performance metric comprises a rate of return for the first security, measured from an acquisition date to a report date;

the second performance metric comprises a rate of return for the second security, measured from an acquisition date to a sale date; and

the overall performance metric for the portfolio comprises a rate of return as of the report date.

18. The computer program product of claim 17, wherein each of the current value, the historical price, and the sale price is associated with a date, and wherein:

the computer program code for determining the first performance metric comprises computer program code for;

determining a change in value between the current value and the historical price; and

dividing the change in value by the length of time between the date of the current value and the date of the historical price, to determine a first change in value per unit time; and

the computer program code for determining the second performance metric comprises computer program code for;

determining a change in value between the sale price and the historical price; and

dividing the change in value by the length of time between the date of the sale price and the date of the historical price, to determine a second change in value per unit time.

19. The computer program product of claim 18, wherein the computer program code for combining the first and second performance metrics comprises computer program code for:

determining an average between the first and second changes in value per unit time.

20. The computer program product of claim 18, wherein the computer program code for combining the first and second performance metrics comprises computer program code for:

determining a weighted average between the first and second changes in value per unit time.

21. The computer program product of claim 17, wherein each of the current value, the historical price, and the sale price is associated with a date, and wherein:

the computer program code for determining the first performance metric for the first security comprises computer program code for determining a change in value between the current value and the historical price; and

the computer program code for determining the second performance metric for the second security comprises computer program code for determining a change in value between the sale price and the historical price.

22. The computer program product of claim 21, wherein the computer program code for combining the first and second performance metrics comprises computer program code for adding together the first and second performance metrics.

23. The computer program product of claim 21, wherein the computer program code for combining the first and second performance metrics comprises computer program code for:

determining a weighted average between the first and second changes in value per unit time.

24. The computer program product of claim 15, wherein the report date comprises a current date.

25. The computer program product of claim 15, wherein the historical price of each security comprises a purchase price.

26. The computer program product of claim 15, wherein the historical price of each security comprises a value for the security at the time of its acquisition.

27. The computer program product of claim 15, further comprising computer program code for, prior to determining the first performance metric, obtaining a current value of the security from an online data source.

28. A computer program product for tracking performance of a security holding in a portfolio, comprising:

a computer-readable medium; and

computer program code, encoded on the medium, for;

for a first portion of a security holding, the first portion currently held in the portfolio, determining a first performance metric based on a comparison of a current value of the security with a historical price of the security;

for a second portion of the security holding, wherein the second portion was previously held in the portfolio and has been sold, determining a second performance metric based on a comparison of a sale price of the security with a historical price of the security;

combining the first and second performance metrics to obtain an overall performance metric for the security holding; and

outputting the overall performance metric for the security holding.

29. A system for tracking performance of a portfolio, comprising:

a portfolio analysis module, for;

for at least a first security that is currently held in the portfolio, determining a first performance metric based on a comparison of a current value of the security with a historical price of the security;

for at least a second security that was previously held in the portfolio and has been sold, determining a second performance metric based on a comparison of a sale price of the security with a historical price of the security; and

combining the first and second performance metrics to obtain an overall performance metric for the portfolio;

a report generator, communicatively coupled to the portfolio analysis module, for generating a report based on the determined performance metrics; and

an output device, communicatively coupled to the report generator, for outputting the overall performance metric for the portfolio.

30. The system of claim 29, wherein:

the first performance metric comprises a rate of return for the first security, measured from an acquisition date to a current date;

the second performance metric comprises a rate of return for the second security, measured from an acquisition date to a sale date; and

the overall performance metric for the portfolio comprises a rate of return as of the current date.

31. The system of claim 29, wherein:

the first performance metric comprises a rate of return for the first security, measured from an acquisition date to a report date;

the second performance metric comprises a rate of return for the second security, measured from an acquisition date to a sale date; and

the overall performance metric for the portfolio comprises a rate of return as of the report date.

32. The system of claim 31, wherein each of the current value, the historical price, and the sale price is associated with a date, and wherein:

the portfolio analysis module determines the first performance metric by;

determining a change in value between the current value and the historical price; and

dividing the change in value by the length of time between the date of the current value and the date of the historical price, to determine a first change in value per unit time; and

the portfolio analysis module determines the second performance metric by;

determining a change in value between the sale price and the historical price; and

dividing the change in value by the length of time between the date of the sale price and the date of the historical price, to determine a second change in value per unit time.

33. The system of claim 32, wherein the portfolio analysis module combines the first and second performance metrics by:

determining an average between the first and second changes in value per unit time.

34. The system of claim 32, wherein the portfolio analysis module combines the first and second performance metrics by:

determining a weighted average between the first and second changes in value per unit time.

35. The system of claim 31, wherein each of the current value, the historical price, and the sale price is associated with a date, and wherein:

the portfolio analysis module determines the first performance metric for the first security by determining a change in value between the current value and the historical price; and

the portfolio analysis module determines the second performance metric for the second security by determining a change in value between the sale price and the historical price.

36. The system of claim 35, wherein the portfolio analysis module combines the first and second performance metrics by adding together the first and second performance metrics.

37. The system of claim 35, wherein the portfolio analysis module combines the first and second performance metrics by:

determining a weighted average between the first and second changes in value per unit time.

38. The system of claim 29, wherein the report date comprises a current date.

39. The system of claim 29, wherein the historical price of each security comprises a purchase price.

40. The system of claim 29, wherein the historical price of each security comprises a value for the security at the time of its acquisition.

41. The system of claim 29, further comprising a network communication interface, coupled to the portfolio analysis module, for, prior to determining the first performance metric, obtaining a current value of the security from an online data source.

42. A system for tracking performance of a security holding in a portfolio, comprising:

a portfolio analysis module, for;

for a first portion of a security holding, the first portion currently held in the portfolio, determining a first performance metric based on a comparison of a current value of the security with a historical price of the security;

for a second portion of the security holding, wherein the second portion was previously held in the portfolio and has been sold, determining a second performance metric based on a comparison of a sale price of the security with a historical price of the security; and

combining the first and second performance metrics to obtain an overall performance metric for the security holding; and

a report generator, communicatively coupled to the portfolio analysis module, for generating a report based on the determined performance metrics; and

an output device, communicatively coupled to the report generator, for outputting the overall performance metric for the security holding.