1. A method for performing location analysis within a tracked device, comprising: receiving, at the tracked device, a set of coordinates associated with a boundary area; and obtaining, at the tracked device, a position of the tracked device; determining, based upon the received coordinates and the detected position of the tracked device, whether the tracked device is located inside the boundary area or outside the boundary area; and generating and transmitting an alert signal if the result of the determining step is different from an immediately previous result obtained.