Invention Grant
US07752126B2 Computer-implemented method and computer-readable medium for adjustment of risk and adjustment of parameters and uncertainty of anticipated contract obligations in which student-T cumulative distribution is applied to shifted results to create transformed cumulative probability weights
失效
计算机实现的方法和计算机可读介质，用于调整风险，调整参数和预期合同义务的不确定性，其中将学生T累积分布应用于转移结果以创建转换的累积概率权重
- Patent Title: Computer-implemented method and computer-readable medium for adjustment of risk and adjustment of parameters and uncertainty of anticipated contract obligations in which student-T cumulative distribution is applied to shifted results to create transformed cumulative probability weights
- Patent Title (中): 计算机实现的方法和计算机可读介质，用于调整风险，调整参数和预期合同义务的不确定性，其中将学生T累积分布应用于转移结果以创建转换的累积概率权重
-
Application No.: US11928985Application Date: 2007-10-30
-
Publication No.: US07752126B2Publication Date: 2010-07-06
- Inventor: Shaun S. Wang
- Applicant: Shaun S. Wang
- Agency: Vedder Price P.C.
- Agent W. Dennis Drehkoff
- Main IPC: G06Q40/00
- IPC: G06Q40/00
Abstract:
The invention is a computer-implemented system and method, and a computer-readable medium for use with computer means, that enables portfolio managers to price, on a risk-adjusted basis, any traded or under written risk vehicle in finance and insurance that has a historically-known or computer-generated probability distribution. More importantly, the invention provides a universal approach to pricing assets and liabilities traded on an exchange or over-the-counter market, or underwritten for direct risk-transfer, even if those assets and liabilities are grouped or segregated, or whose prospective outcomes may alternate between positive or negative values.
Public/Granted literature
Information query
