Monitoring device for financial securities
First Claim
1. An apparatus for monitoring a financial securities market and generating an indicator for use in analyzing chances in the financial securities market comprising:
- a. collection means for recording a plurality of security index values associated with the market on a computer-readable medium;
b. transformation means for transforming each value of the plurality of security index values associated with the market using a function dependent on at least baseline and critical values of the index value;
c. mapping means for mapping the function to a sequence of reference values and generating a plurality of deviation indicators, each security index value having one of the deviation indicators associated therewith; and
d. analysis means for analyzing the deviation indicators and generating an average deviation indicator.
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Accused Products
Abstract
An apparatus and method for monitoring financial securities markets or financial securities to provide information regarding the status of the financial securities markets or securities. The apparatus transforms measured values of more than one parameter of the system using a function dependent on at least baseline and critical values of the parameters. In a preferred form, the function is a sigmoid function. The apparatus further maps the function to a sequence of reference values and generating a deviation indicator for each parameter. The deviation indicators are then analyzed to generate and display information concerning the status of the financial securities markets or financial securities.
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Citations
76 Claims
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1. An apparatus for monitoring a financial securities market and generating an indicator for use in analyzing chances in the financial securities market comprising:
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a. collection means for recording a plurality of security index values associated with the market on a computer-readable medium; b. transformation means for transforming each value of the plurality of security index values associated with the market using a function dependent on at least baseline and critical values of the index value; c. mapping means for mapping the function to a sequence of reference values and generating a plurality of deviation indicators, each security index value having one of the deviation indicators associated therewith; and d. analysis means for analyzing the deviation indicators and generating an average deviation indicator. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. An apparatus for monitoring a system and generating an indicator for use in analyzing changes in the system comprising:
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a. collection means for recording a plurality of security index values associated with the system on a computer-readable medium; b. transformation means for transforming each value of the plurality of security index values associated with the system using a function dependent on at least baseline and critical values of the security index value; c. mapping means for mapping the function to a sequence of reference values and generating a plurality of deviation indicators, each index value having one of the deviation indicators associated therewith; and d. analysis means for analyzing the deviation indicators and generating a system criticality indicator. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17, 18)
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19. An apparatus for monitoring a system and generating an indicator for use in analyzing changes in the system comprising:
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a. collection means for recording a plurality of indices associated with the system on a computer-readable medium; b. transformation means for transforming each value of the plurality of indices associated with the system using a function dependent on at least baseline and critical values of the security index value, wherein the function exhibits a maximum sensitivity for deviations close to the baseline value of the index value; and c. mapping means for mapping the function to a sequence of reference values and generating a deviation indicator for each security index value. - View Dependent Claims (20, 21, 22, 23, 24, 25)
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26. An apparatus for monitoring a financial security and generating an indicator for use in analyzing changes in the financial security comprising:
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a. collection means for recording a plurality of security index values associated with the financial security on a computer-readable medium, b. transformation means for transforming each value of the plurality of security index values associated with the financial security using a function dependent on at least baseline and critical values of the financial security; c. mapping means for mapping the function to a sequence of reference values and generating a plurality of deviation indicators, each security index value having one of the deviation indicators associated therewith; and d. analysis means for analyzing the deviation indicators and generating an average deviation indicator.
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27. An apparatus for monitoring a financial security and generating an indicator for use in analyzing changes in the financial security comprising:
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a. collection means for recording a plurality of security index values associated with the financial security on a computer-readable medium; b. transformation means for transforming each value of the plurality of security index values associated with the financial security using a function dependent on at least baseline and critical values of the index value; c. mapping means for mapping the function to a sequence of reference values and generating a plurality of deviation indicators, each security index value having one of the deviation indicators associated therewith; and d. analysis means for analyzing the deviation indicators and generating a system criticality indicator.
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28. An apparatus for monitoring a financial security and generating an indicator for use in analyzing changes in the financial security comprising:
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a. collection means for recording a plurality of security index values associated with the financial security on a computer-readable medium; b. transformation means for transforming each value of the plurality of security index values associated with the financial security using a function dependent on at least baseline and critical values of the security index value, wherein the function exhibits a maximum sensitivity for deviations close to the baseline value of the index value; and c. mapping means for mapping the function to a sequence of reference values and generating a deviation indicator for each security index value.
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29. A method for monitoring a financial securities market and generating an indicator for use in analyzing changes in the financial securities market comprising:
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a. a collection step for recording a plurality of security index values associated with the market on a computer-readable medium; b. a transformation step for transforming each value of the security index values using a function dependent on at least baseline and critical values of the index value; c. a mapping step for mapping the function to a sequence of reference values and generating a plurality of deviation indicators, each security index value having one of the deviation indicators associated therewith; and d. an analysis step for analyzing the deviation indicators and generating an average deviation indicator. - View Dependent Claims (30, 31, 32, 33, 34, 35, 36, 37)
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38. A method for monitoring a financial securities market and generating an indicator for use in analyzing changes in the financial securities market comprising:
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a. a collection step for collecting a plurality of security index values associated with the market on a computer-readable medium; b. a transformation step for transforming each value of the security index values using a function dependent on at least baseline and critical values of the index value; c. a mapping step for mapping the function to a sequence of reference values and generating a plurality of deviation indicators, each security index value having one of the deviation indicators associated therewith; and d. an analysis step for analyzing the deviation indicators and generating a criticality indicator. - View Dependent Claims (39, 40, 41, 42, 43, 44, 45, 46)
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47. A method for monitoring a financial securities market and generating an indicator for use in analyzing changes in the financial securities market comprising:
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a. a collection step for recording a plurality of security index values associated with the market on a computer-readable medium; b. a transformation step for transforming each value of the security index values using a function dependent on at least baseline and critical values of the index value, wherein the function exhibits a maximum sensitivity for deviations close to the baseline value of the index value; and c. a mapping step for mapping the function to a sequence of reference values and generating a deviation indicator for each security index value. - View Dependent Claims (48, 49, 50)
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51. A method for monitoring a financial security and generating an indicator for use in analyzing changes in the financial security comprising:
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a. a collection step for recording a plurality of security index values associated with the financial security on a computer-readable medium; b. a transformation step for transforming each value of the security index values using a function dependent on at least baseline and critical values of the index value; c. a mapping step for mapping the function to a sequence of reference values and generating a plurality of deviation indicators, each security index value having one of the deviation indicators associated therewith; and d. an analysis step for analyzing the deviation indicators and generating an average deviation indicator.
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52. A method for monitoring a financial security and generating an indicator for use in analyzing changes in the financial security comprising:
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a. a collection step for recording a plurality of security index values associated with the financial security on a computer-readable medium; b. a transformation step for transforming each value of the security index values using a function dependent on at least baseline and critical values of the index value; c. a mapping step for mapping the function to a sequence of reference values and generating a plurality of deviation indicators, each security index value having one of the deviation indicators associated therewith; and d. an analysis step for analyzing the deviation indicators and generating a system criticality indicator.
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53. A method for monitoring a financial security and generating an indicator for use in analyzing chances in the financial security comprising:
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a. a collection step for recording a plurality of security index values associated with the financial security on a computer-readable medium; b. a transformation step for transforming each value of the security index values using a function dependent on at least baseline and critical values of the index value, wherein the function exhibits a maximum sensitivity for values of the index value near the baseline value of the index value; and c. a mapping step for mapping the function to a sequence of reference values and generating a deviation indicator for each security index value.
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54. A method for monitoring financial securities markets and generating an indicator for use in analyzing chances in the financial securities market comprising the steps of:
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a. recording a plurality of security index values on a computer-readable medium; b. transforming each index value to a sigmoid function indicative of at least normal and critical levels of the index value; c. comparing each of the computed sigmoid function to a prescribed sequence of reference values and on the basis of this comparison generating for each index value a corresponding status value indicative of the upper and lower limits of the securities worth; d. selecting either the upper or lower status value as a signal depending upon whether the security is to be bought or sold; and e. displaying said status value. - View Dependent Claims (55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65)
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66. A financial securities monitoring system for generating an indicator for use in analyzing changes in a securities market, comprising:
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a. at least one financial monitor operative to collect a plurality of financial parameters of a securities market, each said financial parameter having a pre-defined baselines and to record the plurality of financial parameters on a computer-readable medium; b. means for transforming each financial parameter to a function indicative of at least normal and critical levels of the parameter; c. means for comparing each of said functions to a prescribed sequence of reference values and on the basis of the comparison generating for each parameter a corresponding critical value level; d. means for selecting one of said critical value levels as a monetary status indicator; and e. means for displaying said monetary status indicator;
wherein said means for transforming employs a member of the following group;
##EQU22## wherein x represents the monetary value of the particular security index;
BL represents the baseline monetary value for the securities index;
xmax represents a predefined maximum value for the security index;
a, b, and w represent predefined numbers; and
y represents the value of the function, and ym represents a predefined maximum value of the function. - View Dependent Claims (67, 68, 69, 70, 71)
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72. A financial securities monitoring system for generating an indicator for use in analyzing chances in a securities market, comprising:
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a. at least one financial monitor operative to collect a plurality of financial parameters of a securities market, each said financial parameter having a pre-defined baseline, and to record the plurality of financial parameters on a computer-readable medium; b. means for transforming each financial parameter to a function indicative of at least normal and critical levels of the parameter; c. means for comparing each of said functions to a prescribed sequence of reference values and on the basis of the comparison generating for each parameter a corresponding critical value level; d. means for selecting one of said critical value levels as a monetary status indicator; and e. means for displaying said monetary status indicator;
wherein said means for transforming employs a function of the form;
space="preserve" listing-type="equation">y=1/2{1-exp(-G(x-BL).sup.2)},wherein y represents the value of the function, x represents the measured value of the parameter, BL represents the baseline value for the parameter, and G represents a mapping parameter such that ##EQU23## wherein y'"'"' represents the value of the function at xmin, xmin represents the minimum value of the parameter, y" represents the value of the function at xmax, and xmax represents the maximum value of the parameter.
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73. A financial securities monitoring system for generating an indicator for use in analyzing chances in a security comprising:
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a. at least one financial monitor, each monitor including means for collecting a financial parameter indicative of the status of the security being monitored, each financial parameter having a baseline value, and to record the financial parameter on a computer-readable medium; b. a computer operatively coupled to said financial monitor, said computer being programmed to determine for each financial parameter a corresponding critical value and to select one of said critical value levels as a monetary status critical value indicator;
wherein, in determining said levels, each financial parameter is transformed to a function defined by pre-selected maximum and minimum parameter values and a pre-selected baseline value, said function exhibiting a maximum sensitivity for parameter values near said baseline; andc. means for simultaneously displaying a history of said monetary status indicator over a predefined short time span and over a predefined long time span;
wherein said computer is programmed to transform said financial parameters by employing a member of the following group;
##EQU24## wherein x represents the measured value of the financial parameter;
BL represents the baseline value for the financial parameter;
xmax represents a predefined maximum value of the financial parameter;
a, b, and w represent predefined numbers; and
represents the value of the function, and ym represents a predefined maximum value of the function. - View Dependent Claims (74)
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75. A financial securities monitoring system for generating an indicator for use in analyzing changes in a financial securities market comprising:
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a. at least one financial monitor, each monitor including means for collecting a financial parameter indicative of the status of the security being monitored, each financial parameter having a baseline value, and to record the financial parameter on a computer-readable medium; b. a computer operatively coupled to said financial monitor, said computer being programmed to determine for each financial parameter a corresponding critical value and to select one of said critical value levels as a monetary status critical value indicator;
wherein, in determining said levels, each financial parameter is transformed to a function defined by pre-selected maximum and minimum parameter values and a pre-selected baseline value, said function exhibiting a minimum sensitivity for parameter values near said baseline; andc. means for simultaneously displaying a history of said monetary status indicator over a predefined short time span and over a predefined long time span;
wherein said computer is programmed to transform said financial parameters by employing a function of the form;
space="preserve" listing-type="equation">y=1/2{1-exp(-G(x-BL).sup.2)},wherein y represents the value of the function, x represents the measured value of the parameter, BL represents the baseline value for the parameter, and G represents a mapping parameter such that ##EQU25## wherein y'"'"' represents the value of the function at xmin, xmin represents the minimum value of the parameter, y" represents the value of the function at xmax, and xmax represents the maximum value of the parameter. - View Dependent Claims (76)
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Specification