Computerized system and method for creating a buyback stock investment report

a technology of investment report and computerized system, which is applied in the field of investment portfolio management, can solve the problems of not being able to combine the performance of price/sales ratio and buyback theory to maximize the performance of stock investment portfolio, and repurchasing stock,

Inactive Publication Date: 2008-02-19
FRIED DAVID R
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  • Abstract
  • Description
  • Claims
  • Application Information

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Problems solved by technology

Further, it has been postulated that companies announcing a stock buyback tend to outperform the overall market.
Currently, there is conflicting literature, however, as to whether companies actually repurchasing their stock outperform others in the market.
There is, however, no single method that combines t...

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  • Computerized system and method for creating a buyback stock investment report
  • Computerized system and method for creating a buyback stock investment report
  • Computerized system and method for creating a buyback stock investment report

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Embodiment Construction

[0015]The following description of embodiment of this invention refers to the accompanying drawings. Where appropriate, the same reference numbers in different drawings refer to the same or similar elements.

[0016]Systems and methods consistent with the present invention provide investors with the means to select an investment group based on a set of selection criteria consisting of a buyback ratio and price / sales or price / earnings ratio to improve investment return.

[0017]FIG. 1 is a block diagram showing a computerized system for generating a buyback stock report. Preferably, system 100 comprises a standard computer terminal capable of receiving user initiated input commands, processing data, and outputting the results for the user (for example, an IBM compatible personal computer would meet these requirements). System 100 consists of RAM 110, hard disk 120, telephone port 130, Central Processor Unit (CPU) 140, mouse 150, keyboard 160, video display 170, and a printer 180. These com...

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Abstract

A computer implemented method for creating an investment report. A database of stock information is screened based upon buyback ratio and prices/sales ratio selection criteria. The buyback ratio represents the percentage of stocks repurchased by a company during a given period that resulted in a net decrease in outstanding shares. The method and system use the criteria to identify companies with a highest buyback ratio and with the lowest price/sale ratio. The resulting list of stocks are ranked and output in an investment report that provides superior return over conventional investment techniques.

Description

BACKGROUND[0001]1. Field of Invention[0002]The present invention relates generally to the field of investment portfolio management. More particularly, the present invention relates to a computerized method and system for creating a stock investment report based on a buyback investment strategy.[0003]2. Description of Related Art[0004]Investment in accordance with the stock buyback theory is based on the premise that a company's management is in the best position to determine when the company stock is over or under valued. Further, it has been postulated that companies announcing a stock buyback tend to outperform the overall market. For example, in the article entitled “Market Underreaction to Open Market Share Repurchases,” by D. Eikenberry and J. Lakonishok, Journ. of Finance (1994), the authors demonstrate that companies announcing stock buybacks outperformed the market by a margin of up to 9% in the four years after the initial repurchase announcement. The study did not follow t...

Claims

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Application Information

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IPC IPC(8): G06Q40/00G06Q40/04G06Q40/06
CPCG06Q40/04G06Q40/06
Inventor FRIED, DAVID R.
Owner FRIED DAVID R
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