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US 8,195,553 B2Granted
Price charting system and technique
AssigneeMicroQuant, LLC
InventorMark W. Helweg
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.
Claims20
A system for facilitating the making of a trading decision by an investor, said system comprising:
- a programmable computer having a central processing unit (CPU);
- a communication device linked to said computer for receiving a collection of price data relating to an investment from a data source;
- a software program for providing a set of instructions to said computer to receive and process said collection of price data to generate volatility-adjusted relative price data related to the investment and using the volatility-adjusted relative price data to generate an indication of a state of a market for the investment as being traded at a fair value, as overvalued or as undervalued based on the volatility-adjusted price data in relation to a function of price for the investment.
A method for facilitating the making of a trading decision by an investor, said method comprising:
- receiving a collection of price data relating to an investment from a data source in a processor;
- processing said collection of price data to generate volatility-adjusted relative price data related to the investment and using the volatility-adjusted relative price data to generate an indication of a state of a market for the investment as being traded at a fair value, undervalued or overvalued conditions based on the volatility-adjusted relative price data in relation to a function of price for the investment.
Dependencies are inferred from the claim text.