1. A roll-up type storm shutter assembly for protecting an opening of a building against flying impact damage and heat buildup, said assembly comprising:
a plurality of elongated shutter slats, each of said plurality of shutter slats includes an arcuate central portion having a first edge and a second edge, each of said first edge and said second edge having outwardly extending mating portions complimentarily configured to engage with a mating portion of an adjacent shutter slat for limited pivotal movement, said plurality of shutter slats moveable between a rolled up position and a rolled down position, each of said shutter slats having an interior side facing the opening of the building in the rolled down position and an opposite exterior side having a concave shape, each of said first edge and said second edge having an elongated groove positioned opposite said mating portions and facing a center of said central portion; and
a plurality of elongated protective panels having an arcuate shape corresponding to said central portion, said protective panels having a length corresponding to a length of said shutter slats, each protective panel having an interior surface that faces the exterior side of said shatter slat, a pair of offset tabs that extend generally outwardly from said interior surface of said protective panel between side end portions of said interior surface of said protective panel, each one of said pair of tabs having a shaped edge portion positioned on a distal end of each of said pair of tabs, said shaped edge portions being spaced apart from said interior surface of said protective panel, said shaped edge portions configured to be slidably received within one of said elongated grooves of said central portion, said plurality of protective panels acting as an insulator to prevent heat transfer between said plurality of shutter slats and the opening.
2. The roll-up type storm shutter assembly of claim 1, wherein each of said pair of tabs are positioned inwardly from each of said ends of said plurality of protective panels such that said side end portions of each of said plurality of protective panels extends beyond said shaped edge portions and said grooves formed in said of said plurality of shutter slats, and wherein a portion of each of said grooves of said shutter slats is positioned between a shaped edge portion and a portion of said interior side of said plurality of said protective panels.
3. The roll-up type storm shutter assembly of claim 2, wherein said exterior side of said plurality of protective panels includes a coating of reflective material to reduce heat transfer into the opening of the building.
4. The roll-up type storm shutter assembly of claim 1, wherein said plurality of elongated shutter slats are formed of a metallic material, and wherein said plurality of protective panels are formed of a heat resistant material.
5. The roll-up type storm shutter assembly of claim 4, wherein said grooves have openings facing towards said central portion.
6. The roll-up type storm shutter assembly of claim 5, wherein said grooves are formed on said exterior side of said central portion, and wherein said plurality of protective panels have an interior side and an opposite exterior side, said interior side of said plurality of protective panels faces said exterior side of said central portion of said plurality of shutter slats so as to prevent said plurality of shutter slats from heating due to exposure to sunlight.
7. The roll-up type shutter assembly of claim 6, wherein said central portion is formed having a plurality of corrugations having a plurality of outwardly facing corrugations peaks, and wherein said interior side of said plurality of protective panels contacts said plurality of peaks of said plurality of corrugations.
The claims below are in addition to those above.
All refrences to claim(s) which appear below refer to the numbering after this setence.
1. A computer-implemented method of creating and maintaining a stock index, the method comprising:
(a) defining a stock size range, the size range having an upper limit and a lower limit;
(b) defining a band around at least one of the upper limit and lower limit;
(c) initially populating the stock index with stocks that fall within the upper limit and the lower limit of the size range;
(d) periodically adding stocks to the index which fall within the stock size range and also fall outside of the band; and
(e) periodically deleting stocks from the index which fall outside of the stock size range and also fall outside of the band.
2. The method of claim 1 further comprising:
(f) defining a predetermined time horizon;
(g) dividing the time horizon into a plurality of time periods;
(h) for each new time period, defining a packet of shares of stocks as being the stocks in the index as determined by steps (c)-(e); and
(i) defining the shares of stock represented in the index as being the cumulative total of packets for the previous predetermined time horizon.
3. The method of claim 2 wherein the time horizon is one year and the time period is one month, the cumulative total of packets for the previous predetermined time horizon thereby being the previous twelve monthly packets.
4. The method of claim 2 wherein the time horizon is divided into an equal number of time periods.
5. The method of claim 2 wherein the time periods are dynamic.
6. The method of claim 1 wherein the stocks that fall within the stock size range are determined without regard to whether shares of the stocks float on the stock market, the method further comprising:
(f) weighting the shares that are selected for inclusion in the index to delete from the weighting shares of such stocks that do not float on the stock market.
7. The method of claim 6 wherein the shares deleted in step (f) include shares which are closely held by individual investors, the same or other corporations, foundations, endowments, trusts or governments.
8. The method of claim 1 wherein the stock size is based on market capitalization.
9. The method of claim 1 wherein there are a plurality of consecutively defined stock size ranges, and the lower limit of the band of each stock size range is about equal to the upper limit of the preceding stock size range.
10. The method of claim 1 wherein the initial populating of the stock index in step (c) may occur at any predefined current or past date.
11. The method of claim 1 wherein the number of different stocks in the stock index is not fixed and is determined by the number of stocks within the stock size range.
12. The method of claim 1 wherein the number of different stocks in the stock index is fixed.
13. The method of claim 1 wherein the band is defined around the upper limit and the lower limit.
14. The method of claim 1 wherein the stocks are added and deleted on a monthly basis.
15. A computer-implemented method of creating and maintaining a stock index, each stock in the index meeting predefined criteria, the method comprising:
(a) defining a predetermined time horizon;
(b) dividing the time horizon into a plurality of time periods;
(c) for each new time period, selecting a packet of shares of stocks for the index that meet the predefined criteria; and
(d) defining the shares of stock represented in the index as being the cumulative total of packets for the previous predetermined time horizon.
16. The method of claim 15 wherein the packet of shares of stocks selected for each new time period is market capitalization weighted.
17. The method of claim 16 wherein the packet of shares of stocks selected for each new time period is weighted so as to delete from the weighting shares of stocks that do not float on the stock market.
18. The method of claim 15 wherein the time horizon is one year and the time period is one month, the cumulative total of packets for the previous predetermined time horizon thereby being the previous twelve monthly packets.
19. The method of claim 15 wherein the selected packet of shares of stocks includes only stocks within a defined stock size range based on market capitalization.
20. A computer-implemented method of creating a growth stock index and a value stock index for a universe of stocks, the method comprising:
(a) defining a first set of criteria for ranking the stocks based on growth;
(b) selecting a growth hurdle for classifying the stocks as being growth stocks based on the ranking;
(c) defining a second set of criteria for ranking the stocks based on value;
(d) selecting a value hurdle for classifying the stocks as being value stocks based on the ranking;
(e) creating a growth stock index using the stocks that exceed the growth hurdle even if the stocks that exceed the growth hurdle also exceed the value hurdle; and
(f) creating a value stock index using the stocks that exceed the value index even if the stocks that exceed the value index also exceed the growth index, wherein selected value and growth stocks may be present in both the value and the growth index, and for the stocks present in both the value and growth index, the sum of their shares represented in the indexes does not need to sum up to the total shares represented in the universe of stocks.
21. The method of claim 20 further comprising:
(g) ranking the stocks based on relative stock size, and dividing the stocks into a plurality of stock size ranges,
wherein steps (e) and (f) are performed for each stock size range.
22. The method of claim 21 wherein the stock size ranges are small, medium and large capitalization stocks.
23. The method of claim 21 wherein each stock size range has an upper limit and a lower limit, the method further comprising for each stock size range:
(h) defining a band around at least one of the upper limit and lower limit;
(i) initially populating the stock index with stocks that fall within the upper limit and the lower limit of the stock size range;
(j) periodically adding stocks to the index which fall within the stock size range and also fall outside of the band; and
(k) periodically deleting stocks from the index which fall outside of the stock size range and also fall outside of the band.
24. The method of claim 20 further comprising:
(g) defining a predetermined time horizon;
(h) dividing the time horizon into a plurality of time periods;
(i) for each new time period, defining a packet of shares of stocks as being the stocks in the value index and the growth index as determined by steps (a)-(f); and
(j) defining the shares of stock represented in the value index and the growth index as being the cumulative total of packets for the previous predetermined time horizon.
25. The method of claim 24 wherein the time horizon is one year and the time period is one month, the cumulative total of packets for the previous predetermined time horizon thereby being the previous twelve monthly packets.
26. The method of claim 20 wherein for the stocks present in both the value and growth index, the sum of their shares is twice the total shares represented in the universe of stocks.
27. The method of claim 20 wherein the number of different stocks in the stock index is not fixed and is determined by the number of stocks that exceed the respective hurdles in steps (e) and (f).
28. The method of claim 20 wherein the number of different stocks in the stock index is fixed.
29. A computer-implemented method of creating a plurality of stock indexes for a universe of stocks, each index having a different investment style, for each investment style, the method comprising:
(a) defining a set of criteria for ranking the stocks based on the style;
(b) selecting a hurdle for classifying the stocks as being stocks having the style based on the ranking; and
(c) creating a stock index for the style using the stocks that exceed the hurdle even if the stocks that exceed the hurdle also exceed a hurdle for another style,
wherein selected stocks may be present in more than one index, and for the stocks present in more than one index, the sum of their shares does not need to sum up to the total shares represented in the universe of stocks.
30. The method of claim 29 further comprising:
(d) defining a predetermined time horizon;
(e) dividing the time horizon into a plurality of time periods;
(f) for each new time period, defining a packet of shares of stocks as being the stocks in the index as determined by steps (a)-(c); and
(g) defining the shares of stock represented in the index as being the cumulative total of packets for the previous predetermined time horizon.
31. The method of claim 30 wherein the time horizon is one year and the time period is one month, the cumulative total of packets for the previous predetermined time horizon thereby being the previous twelve monthly packets.
32. The method of claim 30 wherein the time horizon is divided into an equal number of time periods.
33. The method of claim 30 wherein the time periods are dynamic.
34. The method of claim 29 wherein for the stocks present in more than one investment style, the sum of their shares is at least twice the total shares represented in the universe of stocks.
35. The method of claim 29 wherein there are more than two investment styles.
36. The method of claim 29 wherein the number of different stocks in the stock index is not fixed and is determined by the number of stocks that exceed the hurdle in step (c).
37. The method of claim 29 wherein the number of different stocks in the stock index is fixed.