摘要:
Methods and systems are provided herewith for rating a likelihood of payment of one or more cash flows. A computing device receives information about a debt instrument portfolio comprising one or more debt instruments, the information comprising a quantity and a price (e.g., a purchase price) associated with each of the one or more debt instruments. The computing device determines a current market price of each of the one or more debt instruments. The computing device determines a payment schedule for each of the one or more debt instruments, each payment schedule comprising one or more payments, each payment schedule correlating a series of payment amounts with respective scheduled times of payment. The computing device determines a probability of payment for the one or more payments for each of the one or more debt instruments. In some embodiments, the computing device may also determine an expected net present value of the one or more payments. The computing device may also determine a portfolio cash flow rating of the debt instrument portfolio based on one or more of: the quantity and purchase price associated with each of the one or more debt instruments; and the probability of payment for the one or more payments. The cash flow rating may also be determined based on a current market price of each of the one or more debt instruments, a net present expected value of the one or more payments in the payment schedule for each of the one or more debt instruments, and/or a credit rating of one or more issuers associated with the debt instruments. The computing device outputs the portfolio cash flow rating to an output device.
摘要:
Methods and systems are provided herewith for rating a likelihood of payment of one or more cash flows. A computing device determines a probability of payment for one or more payments on a payment schedule for each of one or more debt instruments of a debt instrument portfolio. The computing device may also determine a portfolio cash flow rating of the debt instrument portfolio based on the quantity and purchase price associated with each of the one or more debt instruments, the probability of payment for the one or more payments, a current market price of each of the one or more debt instruments, a net present expected value of the one or more payments in the payment schedule for each of the one or more debt instruments, and/or a credit rating of one or more issuers associated with the debt instruments.
摘要:
Methods and systems are provided herewith for exchanging and rating works of art. A value for each of a plurality of portfolios of art owned by a plurality of participants is determined Ownership interests in the plurality of portfolios of art are pooled in a legal ownership entity. For each participant, an initial participant value is determined based on the determined value of each portfolio of art owned by the respective participant. A respective quantity of shares of the legal ownership entity for each respective participant is determined based on the participant value determined for the participant. An indicia of the respective quantity of shares is transmitted to each respective participant. Participants may buy and sell usage and ownership interests in the portfolios of art. Participants may also redeem their shares for cash or other value.
摘要:
Methods and systems are provided herewith for rating a likelihood of payment of one or more cash flows. A computing device determines a probability of payment for one or more scheduled payments for each of one or more debt instruments in a debt instrument portfolio. The computing device may also determine a portfolio cash flow rating of the debt instrument portfolio based on the quantity and purchase price associated with each of the one or more debt instruments, the probability of payment for the one or more payments, a current market price of each of the one or more debt instruments, a net present expected value of the one or more payments in the payment schedule for each of the one or more debt instruments, and/or a credit rating of one or more issuers associated with the debt instruments.
摘要:
Methods and systems are provided herewith for exchanging and rating works of art. A value for each of a plurality of portfolios of art owned by a plurality of participants is determined Each portfolio of art comprises one or more works of art. Ownership interests of the plurality of portfolios of art are pooled in a legal ownership entity having an initial total number of shares. For each participant, an initial participant value is determined based on the determined value of each portfolio of art owned by the respective participant. A respective quantity of shares of the legal ownership entity to each respective participant is determined based on the participant value determined for the participant. An indicia of the respective quantity of shares is transmitted to each respective participant. In various embodiments, participants may buy and sell usage and ownership interests in the portfolios of art.