PRICE TARGET BUILDER

• US 20130268459A1
• Filed: 08/03/2012
• Published: 10/10/2013
• Est. Priority Date: 04/06/2012
• Status: Active Grant

• Current Assignee: Refinitiv US Organization, LLC (Refinitiv US Holdings, Inc.)
• Original Assignee: Holger Berndt
• Inventors: JACOBEK, LEE, BERNDT, HOLGER
• Granted Patent: US 10,643,281 B2
• Time in Patent Office: Days
• US Class Current: 705/36.R
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

Systems and techniques for determining price targets are disclosed. The systems and techniques are designed to be a key workflow tool for investment managers and analysts, saving time and improving investment discipline. Using the disclosed systems and techniques, price targets may be generated based on historic, forward looking, and/or relative valuation metrics which are applied to actual or estimated financial data.

Claims

1. A computer-implemented method stored in a computer memory of a computer device, the computer-implement method comprising:

identifying, from a first physical memory location of the computer memory, a first set of valuation metrics for association with an investment asset, the first set of valuation metrics being associated with a first set of values;

applying, from a second physical memory location of the computer memory, a second set of values associated with a second set of valuation metrics associated with the investment asset to the first set of values to compute a price target for association with the investment asset;

computing automatically an updated price target for association with the investment asset upon a change in value of either the first set of values or the second set of values; and

storing the updated price target in a third memory location of the computer memory.

2. The method of claim 1, further comprising forming a rule defining a relationship between one of the first set of valuation metrics and one of the second set of valuation metrics.

3. The method of claim 2, wherein the rule is a user configurable rule.

4. The method of claim 2, further comprising storing the rule in a fourth memory location of the computer memory.

5. The method of claim 2, further comprising associating a set of permissions with the rule.

6. The method of claim 2, wherein applying the second set of values to the first set of values comprises invoking the rule to compute the price target.

7. The method of claim 1, further comprising transmitting a signal representing the stored updated price target in response to a request.

8. The method of claim 1, further comprising determining the second set of valuation metrics based upon the first set of valuation metrics.

9. The method of claim 8, wherein at least one item of the first set of valuation metrics comprises an absolute valuation multiple or a relative valuation multiple.

10. The method of claim 9, wherein at least one item of the first set of valuation metrics identifies an index value, a sector value, or peer asset value.

11. The method of claim 1, wherein applying the first set of values to the second set of values associated with the investment asset comprises multiplying at least one value of the first set of values with a corresponding value of the second set of values.

12. The method of claim 11, further comprising weighting the at least one value of the first set of values by a first weight value and weighting the corresponding value of the second set of values by a second weight value.

13. The method of claim 1, further comprising associating a set of permissions with the updated price target.

14. The method of claim 1, further comprising averaging a plurality of implied price targets to compute the price target.

15. The method of claim 14, comprising weighting each of the plurality of implied price targets by a corresponding weight value.

16. The method of claim 1, further comprising providing a graphical user interface (GUI) for selecting the first set of valuation metrics and the second set of valuation metrics.

17. The method of claim 16, comprising displaying graphically in the GUI value changes associated with at least one of the first set of values, the second set of values, and the price target over a time period.

18. The method of claim 1, comprising converting the updated price target from a first currency to a second currency, the first currency different from the second currency.

19. A computer-implemented method comprising:

defining at least one financial relationship underlying a price target, the price target associated with a financial asset;

monitoring the at least one financial relationship for a change in value;

updating the price target associated with the financial asset based on the change in value.

20. A computer device comprising:

a processor;

a computer memory operatively coupled to the processor, the computer memory storing instructions that, in response to receiving a request for access to a service, cause the processor to;

identify, from a first physical memory location of the computer memory, a first set of valuation metrics for association with an investment asset, the first set of valuation metrics being associated with a first set of values;

apply, from a second physical memory location of the computer memory, a second set of values associated with a second set of valuation metrics associated with the investment asset to the first set of values to compute a price target for association with the investment asset;

compute automatically an updated price target for association with the investment asset upon a change in value of either the first set of values or the second set of values; and

store the updated price target in a third memory location of the computer memory.

21. The system of claim 20, wherein the memory stores instructions that, in response to receiving the request, cause the processor to form a rule defining a relationship between one of the first set of valuation metrics and one of the second set of valuation metrics.

22. The system of claim 21, wherein the rule is a user configurable rule.

23. The system of claim 21, wherein the memory stores instructions that, in response to receiving the request, cause the processor to store the rule in a fourth memory location of the computer memory.

24. The system of claim 21, wherein the memory stores instructions that, in response to receiving the request, cause the processor to associate a set of permissions with the rule.

25. The system of claim 21, wherein the memory stores instructions that, in response to receiving the request, cause the processor to invoke the rule to compute the price target.

26. The system of claim 20, wherein the memory stores instructions that, in response to receiving the request, cause the processor to transmit a signal representing the stored updated price target in response to a request.

27. The system of claim 20, wherein the memory stores instructions that, in response to receiving the request, cause the processor to determine the second set of valuation metrics based upon the first set of valuation metrics.

28. The system of claim 27, wherein at least one item of the first set of valuation metrics comprises an absolute valuation multiple or a relative valuation multiple.

29. The system of claim 28, wherein at least one item of the first set of valuation metrics identifies an index value, a sector value, or peer asset value.

30. The system of claim 20, wherein the memory stores instructions that, in response to receiving the request, cause the processor to multiply at least one value of the first set of values with a corresponding value of the second set of values.

31. The system of claim 30, wherein the memory stores instructions that, in response to receiving the request, cause the processor to weight the at least one value of the first set of values by a first weight value and weight the corresponding value of the second set of values by a second weight value.

32. The system of claim 20, wherein the memory stores instructions that, in response to receiving the request, cause the processor to associate a set of permissions with the updated price target.

33. The system of claim 20, wherein the memory stores instructions that, in response to receiving the request, cause the processor to average a plurality of implied price targets to compute the price target.

34. The system of claim 33, wherein the memory stores instructions that, in response to receiving the request, cause the processor to weight each of the plurality of implied price targets by a corresponding weight value.

35. The system of claim 20, wherein the memory stores instructions that, in response to receiving the request, cause the processor to provide a graphical user interface (GUI) for selecting the first set of valuation metrics and the second set of valuation metrics.

36. The system of claim 35, wherein the memory stores instructions that, in response to receiving the request, cause the processor to display graphically in the GUI value changes associated with at least one value of the first set of values, the second set of values, and the price target over a time period.

37. The system of claim 20, wherein the memory stores instructions that, in response to receiving the request, cause the processor to convert the updated price target from a first currency to a second currency, the first currency different from the second currency.