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NEW YORK--(BUSINESS WIRE)--Jul. 25, 2000
Portfolio Science, Inc., a New York based online financial services company, announced the release of its free risk analysis web site, http://www.portfolioscience.com.
The new service allows individual investors to analyze the risk of their portfolios online quickly and easily. Portfolio Science, Inc. provides investors access to powerful risk analysis tools previously available only to large financial institutions.
"This is about the empowerment of the individual investor", says Ittai Korin, founder and president of Portfolio Science, Inc.,"With online trading now commonplace, investors need the right tools to understand their market risk. The recent volatility in the stock market has highlighted the importance of this."
The online application utilizes a patent pending technology to generate portfolio risk measurements. The system calculates expected fluctuations of an investor's portfolio given current market conditions. In addition to portfolio-wide analysis, the site automatically sorts portfolios into separate market sectors.
"Users can isolate the root of their portfolio's risk", explains Korin. "In this way, an investor can determine if his or her portfolio is over or under weighted within a certain market sector". Users can apply the analysis to individual stocks as well.
Other features include the ability to historically track the risk of a portfolio, a sector or a stock. Investors can view changes in the risk of their portfolio over time, thus allowing them to compare their current risk level to past market conditions. The site employs dynamic graphs and charts to present analysis results clearly and simply. "We give investors usable, powerful results", says Korin.
PortfolioScience.com users can build up to 5 portfolios, each containing 15 stocks, at no charge. In addition to analyzing market risk, members can track their investment gain and loss, and examine historical profit and value charts.
PortfolioScience.com uses technology first developed for sell side institutional use that utilizes modern portfolio theory statistical techniques.
About Portfolio Science, Inc.
PortfolioScience is a company dedicated to bringing powerful risk analysis solutions to the online community. It is Portfolio Science Inc.'s goal to give investors the ability to properly analyze their market risk in exacting and real dollar terms. Portfolio Science Inc. uses patent pending technology first developed for sell side institutional use that utilizes modern portfolio theory statistical techniques.
For additional information on Portfolio Science, Inc. or the services they offer visit their Web site at http://www.portfolioscience.com.
Portfolio Science, Inc. http://www.portfolioscience.com/
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