Methods and systems for finding value and reducing risk

Details Methods and systems for finding value and reducing risk Methods and systems for finding value and reducing risk

2006-04-11

2006-04-11

Vincent, David (Department: 3628)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S038000

Reexamination Certificate

active

07028005

ABSTRACT:
A method of valuation of large groups of assets by a partial full underwriting, partial sample underwriting and inferred valuation of the remainder using an iterative and adaptive statistical evaluation of all assets and statistical inferences drawn from the evaluation and applied to generate inferred asset values. Individual asset values are developed and listed so that individual asset values can be rapidly taken and quickly grouped in any manner for bidding purposes. The assets are collected into a database, divided into categories, subdivided by ratings and then rated individually. Asset value is continuously recalculated based on progressively improving asset valuation data. The assets are then regrouped for bidding and a collective valuation is established by cumulating individual valuations.

REFERENCES:
patent: 2309853 (1943-02-01), Norden et al.
patent: 5934674 (1999-08-01), Bukowsky
patent: 5946667 (1999-08-01), Tull et al.
patent: 2002/0013752 (2002-01-01), Johnson et al.
patent: 2003/0110112 (2003-06-01), Johnson et al.
patent: 2309853 (2001-11-01), None
patent: WO 2005/019964 (2005-03-01), None
John Downes et al, Dictionary of Finance and Investment Terms, 5thEdition, 1998, Barrons, pp. 671-672.
Gath, I. and Geva, A.B., “Unsupervised Optimal Fuzzy Clustering,” IEEE Trans. Pattern Anal. Machine Intell., vol. PAMI-11, No. 7, pp. 773-781, Jul. 1989.
Bezdek, James C.; Hathaway, Richard J.; Sabin, Michael J.; and Tucker, William T., “Convergence Theory For Fuzzy c-Means: Counterexamples and Repairs,” IEEE Trans. Syst., Man, Cybern., vol. SMC-17, No. 5, pp. 873-877, Sep./Oct. 1987.
Dunn, J.C., “A Fuzzy Relative of the ISODATA Process and Its Use in Detecting Compact Well-Separated Clusters,”J. Cybernetics,vol. 3, No. 3, pp. 32-57, 1973.
L. Breiman, J.H. Friedman, R.A. Olshen and C.J. Stone (1984),Classification and Regression Trees,Chapters 1, 2, 3, 8 and 11, Wadsworth, Belmont, CA.
Brealey, Richard A. and Myers, Stewart, C.Principles Of Corporate Finance.
Efron, Bradley and Tibshirani, Robert J., “An Introduction to the Bootstrap,” Chapman & Hall publishers.

Affiliated with

Also associated with

Rating

Methods and systems for finding value and reducing risk does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Methods and systems for finding value and reducing risk, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Methods and systems for finding value and reducing risk will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-3580883