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US 7,461,023 B1Granted
Price charting system and technique
OwnerMark Web Helweginventor
Life of this patent
Estimating the term…
Abstract
The invention is directed to a market price charting method for displaying both current and historical price activity in terms of valuation rather than absolute price. The invention allows users to quantify the degree in which a market is overbought or oversold. Results may be displayed electronically or on a hard copy for viewing or used in additional analysis of a market.
Claims23
A method for facilitating the making of a trading decision by an investor, said method comprising the steps of:
- receiving a collection of price data relating to an investment from a data source in a processor;
- processing said collection of price data related to an investment to generate volatility-adjusted relative price data related to the investment;
- and
- generating at least one price chart derived from said processing step, wherein the at least one price chart includes a volatility-adjusted relative price chart representing a plurality of volatility-adjusted relative price data related to dynamic volatility intervals for the investment, wherein the at least one price chart provides an indication of whether the investment is trading at a fair value, undervalued or overvalued conditions.
1 more element
A method for facilitating the making of a trading decision by an investor, said method comprising the steps of:
- receiving a collection of price data relating to an investment from a data source in a processor;
- processing said collection of price data related to an investment to generate volatility-adjusted relative price data related to the investment;
- and
- generating an indication of a state of a market for the investment as being currently traded at a fair value, as overvalued or as undervalued by assessment of the volatility-adjusted relative price data in relation to dynamic volatility intervals determined for the investment, wherein the indication is used by an investor to make a trading decision as to entering or exiting an investment.
1 more element
Dependencies are inferred from the claim text.