Toby Smith Stock Review

[MLD38]

CREE's Average IPQ® Score: 137.0
pop-up : The pop-up lists examples of CREE's Top Patents, etc
http://69.59.189.170/OT300/company.asp?ticker=CREE
...Cree, Inc. engages in the development and manufacture of semiconductor materials and devices based on silicon carbide, gallium nitride, silicon, and related compounds....

Briefly, the IPQ® Score is calibrated similar to an IQ score wherein 100 is average.
A score above 125 merits an "A" rating.
http://www.oceantomo.com/index_ot300.html
...Until recently, the tools and technology that would allow investors to value a company’s knowledge assets, their patents, did not exist. Today, the analytical engine used to evaluate the value of each company's patent portfolio is Ocean Tomo's PatentRatings® system, which calculates the relative attractiveness of the more than 4 million patents issued by the U.S. Patent and Trademark Office since 1983 and which is widely recognized by the intellectual property valuation industry....

methodology used to assess IPQ® Scores may be found at patentratings.com
http://www.patentratings.com/about/methodology.asp

Patent Analysis is one of the more interesting niches in the equity research space.
http://integrityresearch.blogdrive.com/archive/911.html
... it is clear that analysis of patents has become lucrative equity research endeavor. Patent Analysis is one of the more interesting niches in the equity research space....
A brief frisk of out database turns up five firms engaged in the patent analysis space:
focused on equity valuation and individual patent valuation are 1790 Analytics and Ocean Tomo;
focused on patent litigation and expected results are IPD Analytics and Litigation Notes;
and focused on the financial market securitization of patenet analysis is Claymore Securities which has launched a ETF based on the Ocean Tomo IPQ score.

The following profiles the main firms in the space:

includes:


Ocean Tomo has developed indices that track patent activity, patent quality and patent relative value. The firm "IPQ" scores and rates patent assets based on a statistical methodology. IPQ scores are similar to the familiar IQ score for rating human intelligence. IPQ Reports provide a statistical assessment of the value of individual patents. IPQ scores provide a simple way to measure and compare patent quality based on the cumulative characteristics of patents that make them statistically either more likely or less likely to produce economic returns.

Claymore Securities has a number of investment products available to clients, one of which is the Large Blend Ocean Tomo ETF, which features the investment strategy of Intellectual Property.