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:
Jun. 03, 2008
Filed:
Aug. 31, 2004
William P. Jennings, Simi Valley, CA (US);
G. Michael Phillips, Pasadena, CA (US);
M. Chapman Findlay, Iii, Los Angeles, CA (US);
Kenneth M. Leslie, Monrovia, CA (US);
William P. Jennings, Simi Valley, CA (US);
G. Michael Phillips, Pasadena, CA (US);
M. Chapman Findlay, III, Los Angeles, CA (US);
Kenneth M. Leslie, Monrovia, CA (US);
c4cast.com, Inc., Pasadena, CA (US);
Abstract
Techniques are provided for adjusting a portfolio of financial assets in order to properly track the performance of a desired index. The techniques generally involve calculating a correlative value for the portfolio, and obtaining a correlative value for the index, relative to each of a number of different factors having data values that are likely to be correlated with an aggregate market value for the portfolio, where the correlative value for an item relative to a given factor is a measure of a tendency of the aggregate market value of the item to change based on a change in the data value for such factor (e.g., in the nature of a sensitivity or elasticity). Then, the portfolio is adjusted in an attempt to move its correlative profile closer to the correlative profile of the index.