Industrial Momentum Index

An electronic device for generating a momentum index, comprising:

• communication circuitry;
• a memory, storing a preset formula and a preset statistical model, and programming instructions;
• and
• a processor operatively coupled to the memory and the communication circuitry,
• wherein the programming instructions are executable by the processor to cause the electronic device to:
• transmit a request to an external database, via the communication circuitry, to retrieve a plurality of data factors prestored in the external database,
• receive a transmission of the plurality of data factors from the external database,
• analyze the plurality of data factors using the preset statistical model to predictively identify a subset of data factors from among the plurality of data factors that alter the momentum index by at least a predetermined threshold, and
• enter the identified subset of data factors into the preset formula and resolving the preset formula to generate the momentum index.

A method in an electronic device for generating a momentum index, comprising:

• transmitting, via communication circuitry, a request to an external database to retrieve a plurality of data factors prestored in the external database;
• receiving a transmission of the plurality of data factors from the external database;
• analyzing, via at least one processor, the plurality of data factors using a preset statistical model stored in a memory, to predictively identify a subset of data factors from among the plurality of data factors that alter the momentum index by at least a predetermined threshold;
• and
• generating the momentum index, via the at least one processor, by entering the identified subset of data factors into a preset formula stored in the memory.