APPARATUS FOR AUTOMATIC FINANCIAL PORTFOLIO MONITORING AND ASSOCIATED METHODS
First Claim
1. Apparatus for use in managing financial portfolios, the apparatus comprising a processor and a program store containing instructions configured to cause the processor to:
- identify gain runs and drop runs in historical value data for an asset;
determine statistical information regarding the gain runs and drop runs in the historical value data; and
set a buy level for the asset based at least in part upon the statistical information regarding the drop runs and a sell level for the asset based at least in part upon the statistical information for the gain runs.
3 Assignments
0 Petitions
Accused Products
Abstract
A tool for use by financial professionals such as portfolio managers monitors values of assets in portfolios and maintains buy and sell levels for the assets. The tool can be configured to recommend the sale of an asset where the asset value has increased in a gain run by at least the corresponding sell level and the value of the asset in the portfolio is more than a target allocation. The tool can be configured to recommend the purchase of an asset where the asset value has decreased in a drop run by at least the corresponding buy level and the value of the asset in the portfolio is less than a target allocation. The tool may monitor a balance in a non-volatile account and coordinate the transfer of funds from sales of assets into the non-volatile account. Machine implemented methods can assist management of financial portfolios.
48 Citations
20 Claims
-
1. Apparatus for use in managing financial portfolios, the apparatus comprising a processor and a program store containing instructions configured to cause the processor to:
-
identify gain runs and drop runs in historical value data for an asset; determine statistical information regarding the gain runs and drop runs in the historical value data; and set a buy level for the asset based at least in part upon the statistical information regarding the drop runs and a sell level for the asset based at least in part upon the statistical information for the gain runs. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
-
-
12. Apparatus for use in managing financial portfolios, the apparatus comprising a processor and a program store containing instructions configured to cause the processor to:
-
identify gain runs and drop runs in value data for an asset; compare a gain in value for the asset in a current gain run to a sell level; and output a recommendation to sell the asset if the gain in value for the current gain run is at least the sell level. - View Dependent Claims (13)
-
-
14. An automated method for use in managing financial portfolios, the method comprising:
-
automatically identifying gain runs and drop runs in historical value data for an asset stored in an asset information database; extracting, with a statistical processor, statistical information regarding the gain runs and drop runs in the historical value data; and setting a buy level for the asset based at least in part upon the statistical information regarding the drop runs and a sell level for the asset based at least in part upon the statistical information for the gain runs. - View Dependent Claims (15, 16, 17, 18)
-
-
19. An automated method for use in managing financial portfolios, the method comprising:
-
identifying gain runs and drop runs in value data for an asset stored in an asset information database; comparing a gain in value for the asset in a current gain run to a sell level; and outputting a recommendation to sell the asset if the gain in value for the current gain run is at least the sell level. - View Dependent Claims (20)
-
Specification