System, report, and method for generating natural language news-based stories
The present invention generally relates to a system, report, and method for automatically generating a series of natural language news-based stories to be presented via a digital interface or printed publication to a portfolio user. The disclosure relates to a filter for selection of a handful of relevant and desired financial instruments for a specific use. These financial instruments, based on different selections from a portfolio manager via a management tool, are then used to either produce either a strategies page where a list of useful covered call trades and hedged trades are displayed in the form of a table or natural language news-based stories relating to a selected list of financial instruments found in a portfolio.
1. A method for generating natural language news-based stories directed to financial instruments named in a portfolio, the method comprising the steps of:
selecting a portfolio of financial instruments using a computer interface; and
offering a choice on the computer interface between creating a strategies page or a news stories page produced from each of the financial instruments in the portfolio,
wherein the news stories page comprises a plurality of natural language news stories, each including a date of publication, a story rewritten in natural language using a template from a news brief with a news-generating algorithm with sentence and paragraph reconstruction to simulate natural language selected from a plurality of templates each with input variables and at least a data field, and a source of origin for the news brief.
2. The method of claim 1 , wherein the step of selecting the portfolio is preceded by the step of using a management tool to define the portfolio.
3. The method of claim 2 , wherein the step of using the management tool includes a selection of financial instruments from a group of predefined choices consisting of analyst favorites, momentum plays, hedged dividend income, stocks in the news, manual selection, related news line items, or stocks with a common push factor.
4. The method of claim 1 , wherein the news brief is selected from a group consisting of a stock opening value, a daily variability of a financial instrument, a current trading expressed in percentage of rise or fall, a 52-week high value, a 52-week low value, a variability analysis data, a chart analysis data, a news item, a rating, a hedge transaction, a covered call transaction, or profitability data.
5. The method of claim 3 , wherein the step of using the management tool includes the step of selecting from a group consisting of submitting changes to a defined portfolio table, recovering daily default values for the portfolio table, or updating live webpages.
6. The method of claim 1 , wherein each of the plurality of natural language news stories includes a header selected from a group consisting of an individual record number, a total number of records, a stock symbol, a headline, or an alternate headline.
7. The method of claim 3 , wherein the push factor is an S&P outlook on the stock factor.
8. The method of claim 1 , wherein a news report is generated by a system for generating the news-based stories with a computer connected to the internet with a memory, a central processing, and a software, the news report comprising natural language news-based stories relating to financial instruments held in the portfolio, the report comprising a plurality of natural language news stories for each of a plurality of financial instruments in the portfolio.
9. The report of claim 8 , wherein the news report is produced in the form of a webpage to be displayed on computer screen.
10. The report of claim 8 , wherein the news report is produced in the form of a computer file.
11. The report of claim 8 , wherein the news report is generated at the request of a portfolio user based on the portfolio as defined and updated using a management tool by a portfolio manager.
12. The report of claim 8 , wherein the report is generated at the request of a portfolio manager using a management tool to select financial instruments in the portfolio.
13. A system for generating natural language news-based stories relating to financial instruments held in a portfolio, the system comprising:
a computer connected to an Internet, the computer comprising a memory and a central processing unit in functional communication with the memory, and a software executed by the central processing unit in the memory, the software being used to selectively execute either a strategies page or a news report with a plurality of natural language news stories for a plurality of financial instruments held in a portfolio as defined by a portfolio manager; and
a data retrieval system connected to the Internet in data connection with the computer, with a user interface, a central processing unit connected to the user interface, and a display, wherein the software generates the news report based on a news brief for a plurality of financial instruments in the portfolio, wherein each news story includes a date of publication, a news item rewritten in natural language using a template from a news brief with a news-generating algorithm with sentence and paragraph reconstruction to simulate natural language selected from a plurality of templates each with input variables and at least a data field, and wherein the data retrieval system retrieves either the strategies page or the news report from the personal computer via the Internet for display to the portfolio user.
14. The system of claim 13 , wherein the plurality of financial instruments held in the portfolio is defined by the portfolio manager using a management tool.
15. The system of claim 14 , wherein the management tool includes a selection of financial instruments taken from a group consisting of analyst favorites, momentum plays, hedged dividend income, stocks in the news, manual selection, related news line items, or stocks with a common push factor.
16. The system of claim 13 , wherein the computer and the data retrieval system are both personal computers connected to the Internet referred to as the World Wide Web.
17. The system of claim 13 , wherein the news brief is selected from a group consisting of a stock opening value, a daily variability of a financial instrument, a current trading expressed in percentage of rise or fall, a 52-week high value, a 52-week low value, a variability analysis data, a chart analysis data, a news item, a rating, a hedge transaction, a covered call transaction, or profitability data.
18. The system of claim 15 , wherein the management tool further includes a function selected from a group consisting of submitting changes to a defined portfolio table, recovering daily default values for the portfolio table, or updating live webpages.
19. The system of claim 13 , wherein each of the plurality of natural language news stories includes a header selected from a group consisting of a record number, a number of records, a stock symbol, a headline, or an alternate headline.
20. The system of claim 13 , wherein the financial instruments are stocks.