{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-11282099","patent":{"patent_number":"US-11282099","title":"Probabilistic price and spike forecasting","assignee":null,"inventors":[],"filing_date":"2016-02-12T00:00:00.000Z","publication_date":"2022-03-22T00:00:00.000Z","cpc_codes":["G06Q","G06N","G06N"],"num_claims":20,"abstract":"A method to forecast a spike price of a commodity may include obtaining a request to perform a prediction of a spike in a price of a commodity. The method may also include obtaining additional information of the commodity based on the input. The method may also include determining, using a first machine learning algorithm, a probability of the spike based at least in part on the additional information. The method may include outputting the probability of the spike for visual representation on an electronic display in response to a determination that the probability of the spike is above a risk tolerance. The method may further include determining, using a second machine learning algorithm, a price prediction in response to a determination that the probability of the spike is below the risk tolerance, wherein determining the price prediction comprises outputting the price prediction for visual representation on the electronic display."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Probabilistic price and spike forecasting","description":"A method to forecast a spike price of a commodity may include obtaining a request to perform a prediction of a spike in a price of a commodity. The method may also include obtaining additional informa","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-11282099","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-11282099","citation_suggestion":"Patentable. \"Probabilistic price and spike forecasting\" (US-11282099). https://patentable.app/patents/US-11282099","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-11282099","json":"https://patentable.app/api/llm-context/US-11282099","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-30T18:51:25.283Z"}