The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Oct. 15, 2019
Filed:
Aug. 27, 2014
Genesis Financial Development, Inc., Mississauga, CA;
Richard C. Payne, Mississauga, CA;
Genesis Financial Development, Inc., Mississauga, CA;
Abstract
An apparatus including: a processor configured to obtain asset return data for assets in a portfolio; populate initial estimated portfolio covariance matrix; compute initial portfolio weights for the assets; obtain respective amount of the assets according to the weights; populate an updateable matrix decomposition using the estimated portfolio covariance matrix and a scaling factor limiting respective degrees of negativity for the weights; obtain an update to the asset return data; update the updateable matrix decomposition according to the update; modify the weights using the updated matrix decomposition; and modify the assets in the portfolio according to the modified respective weights by purchasing or selling an additional quantity of an asset included in the portfolio to increase an amount of the asset included in the portfolio or selling a portion an asset included in the portfolio to decrease an amount of the asset included in the portfolio.