Week Ending: 18 September 2026

Finland FI Financial Services Industry

Asset Management

For the week ending 18 September 2026, Asset Management declined 1.62% with 2 advancing, 7 declining, and 0 unchanged constituents. The index is equal weighted and the constituent tape shows uncapped security returns.

Current architecture Upward Expansion

The activity fan is positively ordered above a rising Trend Line with price accepted above it.

59 technical evidence
Index2142.75 1 week-1.62% Breadth22% Members9
Country 🇫🇮 Finland · FI
Sector Financial Services
Universe country-listed
Price basis Adjusted weekly close

Trend architecture

Index, activity fan and structural anchors

Rolling 156-week evidence. Trend Signal points mark weeks when price, trend and the activity fan confirmed together.

Index Value Trend Line Fair Value Activity Lines Constructive architecture Transitional architecture Defensive architecture
Current architecture Upward Expansion 10 completed weeks in this state
Trend acceptance 2.6% Index versus Trend Line
Persistence 100% Positive across every horizon
Participation 22% 2 advancing, 7 declining

Investor positioning lens

Is the evidence ready for capital?

A rules-based technical classification using trend, breadth, persistence, relative strength and path quality.

Current posture Hold and wait for confirmation

The evidence is balanced enough to avoid a defensive call, but not aligned enough for aggressive positioning.

59 technical evidence
out of 100
Evidence balance

Five-pillar map

Wait
Trend
71
Breadth
36
Persistence
80
Relative
22
Risk quality
97
What supports the view
  • The index remains above a constructive Trend gate.
  • Constituent trends show positive multi-horizon persistence.
What restrains conviction
  • Breadth remains too narrow or inconsistent for a high-conviction position.
  • The group is not yet delivering dependable relative outperformance.
  • Stage 4 declining constituents exceed Stage 2 advancing constituents by 12 percentage points.
  • Positive contribution is concentrated in a small leadership cohort.

This is a weekly research classification, not personal investment advice. Sentiment is reported as an independent confirmation layer and does not alter the technical score.

Trend state and durability

Architecture, persistence and constituent regimes

The index path is tested against the underlying security-level trend evidence.

Index architecture Upward Expansion

The activity fan is positively ordered above a rising Trend Line with price accepted above it.

State age10 weeks
Trend gateUp
Fan width2.43%
Fast versus slow change-0.59 pts
Above 67% Below 0%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Positive across every horizon

100% agreement

The 13, 26, 39 and 52-week trends all point upward, giving the advance broad horizon agreement.

13-week
4.6%
26-week
4.8%
39-week
9.2%
52-week
14.8%
Regime age104 weeks 52-week flips0 52-week boundary1865.88
Constituent trend persistence

Is the index move broadly durable?

100% coverage
Coherent positive44%
Coherent negative11%
Average horizon agreement81%
Positive horizon share69%
Weakening positives1
Repairing negatives0

9 constituents measured as of 18 Sep 2026. Median trend age is 37 weeks.

Custom stage map

Where constituents sit in the cycle

100% coverage
Stage 1 · Basing0%0 securities
Stage 2 · Advancing44%4 securities
Stage 3 · Distribution0%0 securities
Stage 4 · Declining56%5 securities
Re-acceleration watch0 Transition watch2 Relative strength leaders11% Fair Value repairs0

Measured as of 18 Sep 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.

Architecture breadth

How market energy is distributed

79/100 mean confidence
Upward expansion
22% 2
Rotation up
11% 1
Deceleration
22% 2
Balance
22% 2
Rotation down
0% 0
Downward expansion
22% 2
Unresolved
0% 0

Architecture breadth shows the distribution of expanding, rotating, balancing and contracting securities. It is diagnostic context and is not added as a second vote in the positioning score.

Capital rotation

Performance relative to Financial Services

Weakening
Relative index 13-week relative trend Starting level
Rotation dashboard Weakening

A rising relative line means this group is compounding faster than Financial Services. A falling line means capital has done better in the parent benchmark.

Relative index98.3
13-week trend99.3
4-week trend change-0.41%
Weekly peer rank2 of 2
1 week
-1.0 pts relative
4 weeks
-0.3 pts relative
13 weeks
-2.4 pts relative
26 weeks
-1.0 pts relative
52 weeks
-0.5 pts relative

Market internals

Participation, dispersion and path risk

Equal-weight index evidence with constituent-level breadth and dispersion.

Breadth

Participation quality

Narrow
Advancing
2
Declining
7
Unchanged
0
4-week average 39%
13-week average 50%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility9.3%
Drawdown from 52-week high-1.7%
Positive weeks, last 1377%
Current directional run1 week
Turnover versus 13-week norm184%
Breadth impulse-29.6 pts
Cross-section

Return distribution

9 measured
Q1 -2.0% Median -1.2% Q3 -0.4%
Average winner0.6%
Average loser-2.3%
Dispersion2.3 pts
Top-five upside share100%
Top-five capital share84%
Capital data coverage100%

Dispersion describes how far constituent outcomes are spreading apart. Capital concentration is contextual only; the index itself is equal weighted.

Momentum cycle

30-week persistence

Positive readings show expansion. Negative readings show contraction.

Breadth cycle

Net participation

Advancers less decliners as a percentage of measured constituents.

News and narrative

Does company news confirm the market tape?

Open Sentiment Intelligence
Sentiment evidence is still developing

Qualified company-level news coverage is not yet broad enough to influence the group view.

0 qualified records across 9 measured constituents.

Leadership tape

Leaders, laggards and contribution shape

Latest completed week, ranked on uncapped constituent returns.

Constituent ledger

Industry constituents

All 9 measured constituents, ranked by latest weekly return.

Rank Ticker Company Exchange Market cap Close Index contribution Return
1 CAPMAN CapMan Oyj HEL 307.94M 1.77 0.10 pts
0.91%
2 TITAN Titanium Oyj HEL 62.18M 6.04 0.04 pts
0.33%
3 EVLI Evli Oyj HEL 643.58M 24.40 -0.05 pts
-0.41%
4 ARVOSK Pohjanmaan Arvo Sijoitusosuuskunta HEL 66.79M 82.86 -0.12 pts
-1.12%
5 TAALA Taaleri Oyj HEL 205.07M 7.26 -0.14 pts
-1.22%
6 SPRING Springvest Oyj HEL 46.52M 8.26 -0.16 pts
-1.43%
7 UNITED United Bankers Oyj HEL 273.14M 24.40 -0.22 pts
-2.01%
8 EQV1V eQ Oyj HEL 366.87M 8.74 -0.22 pts
-2.02%
9 ALEX Alexandria Group Oyj HEL 161.16M 13.25 -0.85 pts
-7.65%

The index uses capped equal-weight weekly constituent returns. The ledger shows uncapped security returns so outliers remain visible for research.

Evidence context