- Price is above Fair Value, showing premium demand versus the model.
3462
JPX
Week ended 07 Aug 2026
Weekly Investor Report
Nomura Real Estate Master Fund, Inc. · Real Estate · Reit - Retail
Latest close
149,800 JPY
-1.9%
latest week
Weekly setup
Weak trend
The weekly trend is not active. Price is -5.6% below the Trend Line and sits at 9.9% of its 52-week range. The latest completed week returned -1.9%, after a -1.3% four-week move. The latest news-sentiment score is 54/100.
Setup score
38
out of 100
Latest Close
149,800 JPY
7 Aug 2026
1W Return
-1.9%
latest completed week
4W Return
-1.3%
short-term follow-through
12W Return
-3.9%
quarterly tape
Trend Breadth
61.5%
32 of 52 weeks active
Volume Ratio
1.4x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Activity pressure is negative, which weakens the current setup.
- Next-week expectancy is negative at 42.83% based on similar historical setup states.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
-1.9%
Latest completed week; four-week move -1.3%.
Indicator stack
34/51
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
Next-Week Expectancy
Negative 42.83%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
54/100
36 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is -5.6% below the Trend Line and sits at 9.9% of its 52-week range. The latest completed week returned -1.9%, after a -1.3% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 1.4x the 13-week average. Participation is around or above normal and provides reasonable confirmation.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
7 Aug
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.0412-week average 0.11
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.04Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers
No recent accumulation markers. No reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is -1.3% over four weeks, -3.9% over 12 weeks, and -4.0% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year32
Trend breadth61.5%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.31Latest activity-pressure read.
Pressure change76.2%Four-week change in activity pressure.
Leadership-23.08Latest relative-leadership reading.
RS change17.2%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
A published fundamentals and factor snapshot is not available for this company.
No published fundamental snapshot is available for this company.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment54/100
Weighted news tone is neutral across 36 relevant articles.
4 positive · 30 neutral · 2 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-13.2%Distance below the 52-week high.
13-week volatility1.6%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
13 Feb
13 Mar
10 Apr
8 May
5 Jun
3 Jul
7 Aug
Weeks higher10 of 2616 weeks finished lower.
Best week+2.2%Week of 26 Jun.
Worst week-3.3%Week of 15 May.
Latest week-1.9%Week of 7 Aug.
Shape of recent returns
Strong gains0
Modest gains10
Flat weeks0
Modest losses16
Sharp losses0
Recent vol1.6%13-week weekly-return volatility.
Base vol1.5%52-week weekly-return volatility.
Up/down split26/26Count of positive and negative weeks in the 52-week window.
Average skew1.1% / -1.3%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorJP Real Estate
4-week rank57 / 100
Group average-1.1%
Trend breadth11.0%
Trend11.0%active weekly trend signals
MD53.0%positive activity pressure
RS4.0%positive relative leadership
Four-week leaders
IndustryJP Reit - Retail
4-week rank3 / 5
Group average-1.3%
Trend breadth0.0%
Trend0.0%active weekly trend signals
MD60.0%positive activity pressure
RS0.0%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape36/100
Trend, activity pressure, participation, and risk combine to a 36/100 tape read.
Indicator analysis9/100Latest 12-week confirmation: trend 0/12, activity pressure 0/12, relative leadership 0/12.
Activity pressure 0.04; No reversal markers Next-Week ExpectancyNegative 42.83%Next-week expectancy is negative with a 42.83% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. Factors50/100No published factor snapshot is available yet.
Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment54/100Weighted news tone is neutral across 36 relevant articles.
Dividend Hike Amid Softer Q1 Results Might Change The Case For Investing In Nomura Real Estate Holdings (TSE:3231) Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 149,800 JPY | -1.9% | 158,769 JPY | 146,084 JPY | -0.31 | -23.08 | 44.3K | Off |
| 31 Jul 2026 | 152,700 JPY | -1.0% | 159,463 JPY | 146,090 JPY | -0.49 | -20.81 | 50.3K | Off |
| 24 Jul 2026 | 154,300 JPY | -0.1% | 160,021 JPY | 146,078 JPY | -0.80 | -20.99 | 32.3K | Off |
| 17 Jul 2026 | 154,500 JPY | 1.8% | 160,490 JPY | 146,021 JPY | -1.03 | -20.91 | 34.9K | Off |
| 10 Jul 2026 | 151,800 JPY | -1.0% | 160,982 JPY | 145,948 JPY | -1.29 | -27.87 | 31.7K | Off |
| 3 Jul 2026 | 153,300 JPY | 0.1% | 161,427 JPY | 145,889 JPY | -1.44 | -29.05 | 6.6K | Off |
| 26 Jun 2026 | 153,100 JPY | 2.2% | 161,740 JPY | 145,819 JPY | -1.60 | -29.36 | 8.8K | Off |
| 19 Jun 2026 | 149,800 JPY | -0.6% | 162,197 JPY | 145,770 JPY | -1.62 | -33.26 | 13.9K | Off |
| 12 Jun 2026 | 150,700 JPY | 1.8% | 162,731 JPY | 145,712 JPY | -1.60 | -28.24 | 19.7K | Off |
| 5 Jun 2026 | 148,100 JPY | -2.9% | 163,186 JPY | 145,649 JPY | -1.55 | -30.67 | 9.1K | Off |
| 29 May 2026 | 152,600 JPY | -0.8% | 163,663 JPY | 145,625 JPY | -1.28 | -28.88 | 61.9K | Off |
| 22 May 2026 | 153,800 JPY | -1.3% | 163,941 JPY | 145,573 JPY | -1.30 | -25.53 | 42.9K | Off |
| 15 May 2026 | 155,800 JPY | -3.3% | 164,201 JPY | 145,511 JPY | -1.34 | -22.75 | 45.4K | Off |
| 8 May 2026 | 161,100 JPY | -0.2% | 164,307 JPY | 145,428 JPY | -1.20 | -22.30 | 53.1K | Off |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.