PATENT CLAIM ANALYSIS

Application Number: 15915784
Application Type: Utility
Filing Date: 2018-03
Publication Date: 2019-09
Patent Classification: ["705", "03600R"]

Abstract:
A system and method for evaluating space weather-based derivatives, such as futures, options, swaps, and the like, with payout depending on solar activity. The system includes space weather data, financial databases and a central processing trading server that is accessible via a plurality of internal and external workstations.

Claim (Index 3):
A computer program product comprising a computer usable or cloud based medium having control logic stored therein for causing a computer or cloud to valuate space weather-based financial instruments, said control logic comprising:\n (1.) computer readable program code means for causing the computer or cloud to receive a start date and maturity date for the financial instrument; (2.) computer readable program code means for causing the computer or cloud to receive magnetospheric data to be covered by the financial instrument; (3.) computer readable program code means for causing the computer or cloud to receive a space weather condition that he financial instruments will derive its value from; (4.) computer readable program code means for causing the computer or cloud to receive a risk-free rate; (5.) computer readable program code means for causing the computer or cloud to access historical space weather information, relating to said space weather condition, for said magnetosphere, ionosphere and thermosphere during the period between said start date and said maturity date; (6.) computer-readable program code means for causing the computer or cloud to obtain a value of the financial instrument by applying a pricing model using said historical space weather information and said risk-free rate.

Metadata:
- Claim Count in Document: 5.0
- Percentile: 90.0
- Lexical Diversity: 1.27273
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['09925640', '09641394', '11195038', '10985021', '11183907']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.0910339070219454
- 35 USC 102 Novelty (BERT): 0.5051691958331498
- Combined Prediction Score: 0.1324474359030658
- Mean Citation Score: 189.73398200000003
- Max Citation Score: 231.5131
- Similarity Product: 151.03690104712842

Labels:
- Claim Label 101: 0
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test