Residual risk analysis system, method and computer program product therefor

A method for forecasting future values of an item, the method comprising:

• for each of a plurality of item types in a set of item types, a server computer generating a residual value curve and storing the residual value curve on a data storage device;
• for each of a plurality of items in a set of items, the server computer performing:
• identifying a corresponding one of the item types;
• retrieving the residual value curve corresponding to the identified item type;
• determining a future value of the item based on the retrieved residual value curve for the corresponding item type;
• aggregating the future values of the items in the set of items;
• storing the aggregated future values in the data storage device;
• and
• enabling a client device communicatively connected to the server computer to access the aggregated future values.

A computer program product comprising at least one non-transitory computer-readable storage medium storing computer instructions that are translatable by a server computer to perform:

• for each of a plurality of item types in a set of item types, generating a residual value curve and storing the residual value curve on a data storage device;
• for each of a plurality of items in a set of items:
• identifying a corresponding one of the item types;
• retrieving the residual value curve corresponding to the identified item type;
• determining a future value of the item based on the retrieved residual value curve for the corresponding item type;
• aggregating the future values of the items in the set of items;
• storing the aggregated future values in the data storage device;
• and
• enabling a client device communicatively connected to the server computer to access the aggregated future values.