CAP has developed a new software system that analyses trends in historic data to forecast future residual values.

Aimed at vehicle manufacturers and contract hire sectors, CAPcalc Trend Analyser is powered by CAP’s Black and Red Book current values and Monitor future residual values and holds 10 years of historic data.

The valuations and data provider says that the easy-to-use format, which can drill down to derivative level, can add value by giving businesses more time to spend on making decision and less on building the data upon which to base those decisions.

It has two main functions, a searchable history of used values and Monitor values; and analysis of historic used values and Monitor values.

“CAPcalc Trend Analyser makes trend analysis much quicker, meaning you can gain a deeper understanding of the market from your existing analytical resource,” says Mike Hind, communications director of CAP.