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US 8,751,354 B2Granted
Methods and systems for comparing stocks
OwnerLeif G. Bohmaninventor
Life of this patent
Estimating the term…
Abstract
An instrument and system for consistent and objective comparison of stock exchange listed stocks, regardless of geographical market, business activity and trading currency is provided. The instrument is configured to compare stocks current trading prices, by producing iso-prices and iso-values. Two stocks' iso-prices have equal premiums and discounts, in relation to their respective long-term price trends. Iso-values, on the other hand, represent prices that correspond to the same compounding rate of stockholder return.
Claims20
A method, comprising:
- receiving, by stock-comparing computing system, a selection of a plurality of stocks for comparison;
- determining, by the stock-comparing computing system and for each stock of the plurality of stocks, at least one of an inflation-adjusted stock price for the stock or an inflation-adjusted stock dividend for the stock;
- determining by the stock-comparing computing system,for each stock of the plurality of stocks, and based on the at least one of the inflation-adjusted stock price for the stock or the inflation-adjusted stock dividend for the stock, an intrinsic value for the stock, wherein the intrinsic value corresponds to a compounded-average-growth rate of the stock between two historic periods of hold pricing for the stock, wherein an amount of time between the two historic periods of hold pricing is a set minimum length of time having a specified maximum price variation of a price of each of the plurality of stocks, wherein a first historic period of the two historic periods of hold pricing comprises a period of time prior in time to a subsequent period of time, wherein a second historic period of the two historic periods of hold pricing comprises the subsequent period of time, and wherein the first historic period corresponds to an oldest period of time recorded for the stock;
- determining by the stock-comparing computing system, for each stock of the plurality of stocks, and based on the intrinsic value for the stock, a long-term price trend for the stock;
- and
- providing, by the stock-comparing computing system and for each stock of the plurality of stocks, the long-term price trend for the stock as a basis for comparison of the plurality of stocks.
3 more elements
An apparatus, comprising:
- at least one processor;
- and
- memory operatively coupled to the at least one processor and storing executable instructions that, when executed by the at least one processor, cause the apparatus to:
- determine, for each stock of a plurality of stocks for comparison, at least one of an inflation-adjusted stock price for the stock or an inflation-adjusted stock dividend for the stock;
- determine, for each stock of the plurality of stocks and based on the at least one of the inflation-adjusted stock price for the stock or the inflation-adjusted stock dividend for the stock, an intrinsic value for the stock, wherein the intrinsic value corresponds to a compounded-average-growth rate of the stock between two historic periods of hold pricing for the stock, wherein an amount of time between the two historic periods of hold pricing is a set minimum length of time having a specified maximum price variation of a price of each of the plurality of stocks, wherein a first historic period of the two historic periods of hold pricing comprises a period of time prior in time to a subsequent period of time, wherein a second historic period of the two historic periods of hold pricing comprises the subsequent period of time, and wherein the first historic period corresponds to an oldest period of time recorded for the stock;
- determine, for each stock of the plurality of stocks and based on the intrinsic value for the stock, a long-term price trend for the stock;
- and
- provide, for each stock of the plurality of stocks, the long-term price trend for the stock as a basis for comparison of the plurality of stocks.
5 more elements
One or more non-transitory computer-readable media storing computer readable instructions that, when executed, cause an apparatus to:
- determine, for each stock of a plurality of stocks for comparison, at least one of an inflation-adjusted stock price for the stock or an inflation-adjusted stock dividend for the stock;
- determine, for each stock of the plurality of stocks and based on the at least one of the inflation-adjusted stock price for the stock or the inflation-adjusted stock dividend for the stock, an intrinsic value for the stock, wherein the intrinsic value corresponds to a compounded-average-growth rate of the stock between two historic periods of hold pricing for the stock, wherein an amount of time between the two historic periods of hold pricing is a set minimum length of time having a specified maximum price variation of a price of each of the plurality of stocks, wherein a first historic period of the two historic periods of hold pricing comprises a period of time prior in time to a subsequent period of time, wherein a second historic period of the two historic periods of hold pricing comprises the subsequent period of time, and wherein the first historic period corresponds to an oldest period of time recorded for the stock;
- determine, for each stock of the plurality of stocks and based on the intrinsic value for the stock, a long-term price trend for the stock;
- and
- provide, for each stock of the plurality of stocks, the long-term price trend for the stock as a basis for comparison of the plurality of stocks.
2 more elements
Dependencies are inferred from the claim text.