PATENT CLAIM ANALYSIS

Application Number: 16105653
Application Type: Utility
Filing Date: 2018-08
Publication Date: 2018-12
Patent Classification: ["705", "037000"]

Abstract:
A system includes a server that implements a governing logic component and a production component. The server receives or retrieves a transaction data set that identifies price data for an item. The production component obtains time-dependent metric data that comprises market reference data, including price data, for one or more responsive items having attributes that are responsive to attributes defined for a respective item in the transaction data set. The production component discovers relationships in the attribute data, which enables the governing logic component to define transaction-specific instructions for adapting the market reference data for the respective item. An adjustment value applied to the market reference price data transforms the market reference data and produces transaction-specific market price data values for the respective item. A relative value measure is generated and exposed to at least one computing device in communication with the server.

Claim (Index 57):
The method of  claim 15 , wherein at least one transaction-specific instruction defined by the governing logic component causes the production component to use one or more curve-fit algorithms to determine at least one adjustment value to be applied to the market reference price data for at least one responsive item that differs by at least one parameter value from the respective item, wherein each applied adjustment value serves to minimize a difference between the responsive item with the differing parameter and (1) an average of the obtained metric data having attributes that match the at least one parameter defined for the respective item, or (2) an average value for at least one parameter derived from a control group.

Metadata:
- Claim Count in Document: 215.0
- Percentile: 96.0
- Lexical Diversity: 2.11111
- Patent Class: 705.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['15368266', '15445641', '15257765', '15237518', '14740630']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1628170715536566
- 35 USC 102 Novelty (BERT): 0.5645458965351786
- Combined Prediction Score: 0.2029899540518088
- Mean Citation Score: 443.34816
- Max Citation Score: 458.74356
- Similarity Product: 353.424181267941

Labels:
- Claim Label 101: 1
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 1
- Label 101 Adjusted: 1

Dataset: test