(Tiper Stock Exchange) – Brilliant upside for doValuewhich stores the session with a gain of 4.22%. The stock was highlighted on the stock exchange today, after the company announced the achievement of significant milestones in several key projects developed by his innovation lab and initiating the next phase of the doTransformation program, which involves the use of artificial intelligence in the management of NPLs.
After several tests, doValue is ready to introduce AI-based NPL repayment forecasting models. These models (for NPLs, UTPs and REOs) are intended to strengthen the capabilities of servicing teams and increase portfolio recoverability. This will ensure a potential savings on servicing costs between 8% and 11% about and a 4% increase in annual recovery rate per asset manager.
The start of the day was decidedly good for the stock, which recorded an initial price of 4.175 Euros, settling above the peaks of July 19th, to continue on the rise during the session.
Comparatively on a weekly basis, the trend of Group specialized in services for the management of problem loans shows a more marked trend than the trendline FTSE Italy Star. This demonstrates the greater propensity of investors to buy towards doValue compared to the index. The short-term technical status of doValue highlights an expansion of the positive performance of the curve with the first area of resistance identified at 4.437. Risk of a possible correction up to the target of 4.102. Expectations are for an increase in the uptrendline towards the 4.772 resistance area.