- The trend backdrop is active with a 8-week active streak.
- Price is above the Trend Line, keeping the weekly tape constructive.
- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is positive on the latest completed week.
WAA
ASX
Week ended 07 Aug 2026
Weekly Investor Report
WAM Active Limited · Financial Services · Asset Management
Latest close
1.05 AUD
-7.9%
latest week
Weekly setup
Mixed setup
The weekly trend is active. Price is 4.3% above the Trend Line and sits at 64.3% of its 52-week range. The latest completed week returned -7.9%, after a -3.7% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks weakly; valuation is expensive relative to peers. The latest news-sentiment score is 54/100.
Setup score
63
out of 100
Latest Close
1.05 AUD
7 Aug 2026
1W Return
-7.9%
latest completed week
4W Return
-3.7%
short-term follow-through
12W Return
5.0%
quarterly tape
Trend Breadth
75.0%
39 of 52 weeks active
Volume Ratio
2.6x
vs 13-week average
- 5 reversal markers appear in the recent smart-money tape.
- The latest week was a sharp negative move.
- Latest weekly return ranks in the weaker part of its sector group.
- 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
-7.9%
Latest completed week; four-week move -3.7%.
Indicator stack
69/80
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.
News sentiment
54/100
13 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 active. Price is 4.3% above the Trend Line and sits at 64.3% of its 52-week range. The latest completed week returned -7.9%, after a -3.7% 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 2.6x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.
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 0.8412-week average 0.74
12-week confirmation
Trend active8/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure11/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.84Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers55 reversal markers
No recent accumulation markers. 5 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is -3.7% over four weeks, 5.0% over 12 weeks, and 29.3% over one year. The current trend has remained active for 8 consecutive weeks.
Performance by holding period
Active trend streak8 weeks
Active weeks in one year39
Trend breadth75.0%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure1.35Latest activity-pressure read.
Pressure change72.6%Four-week change in activity pressure.
Leadership2.43Latest relative-leadership reading.
RS change-83.3%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks weakly; valuation is expensive relative to peers.
Factor week 09 Aug 2026
Financial statements through 30 Jun 2025
Field coverage 64%
Model confidence 32%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength52/100Blend of value, momentum, and quality. Underlying universe rank 49; rank 1 is best.
Value15/100Relative valuation strength. Underlying universe rank 86; rank 1 is best.
Quality82/100Profitability and accounting quality. Underlying universe rank 19; rank 1 is best.
Momentum93/100Medium-term price momentum. Underlying universe rank 8; rank 1 is best.
Growth9/100Revenue and earnings growth. Underlying universe rank 92; rank 1 is best.
Quality and valuation are separate questions
A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- 21.0x Price divided by trailing earnings.
- Price / sales
- 11.5x Market value relative to trailing revenue.
- EV / EBITDA
- - Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 3.5% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- - Gross profit retained from each unit of revenue.
- Operating margin
- - Operating profit retained from revenue.
- Free-cash-flow margin
- 39.0% Free cash flow generated from revenue.
- Return on invested capital
- - Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 4.2% Latest one-year revenue growth.
- EPS growth
- -11.6% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- 124.9% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 1/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 6.8% Cash dividends relative to market value.
- Buyback yield
- 0.0% Net share repurchases relative to market value.
- Shareholder yield
- 6.8% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- - Balance-sheet debt relative to operating cash earnings.
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 13 relevant articles.
4 positive · 9 neutral · 0 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-12.1%Distance below the 52-week high.
13-week volatility3.7%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 higher14 of 2610 weeks finished lower.
Best week+8.3%Week of 17 Jul.
Worst week-7.9%Week of 7 Aug.
Latest week-7.9%Week of 7 Aug.
Shape of recent returns
Strong gains3
Modest gains11
Flat weeks2
Modest losses9
Sharp losses1
Recent vol3.7%13-week weekly-return volatility.
Base vol3.0%52-week weekly-return volatility.
Up/down split31/18Count of positive and negative weeks in the 52-week window.
Average skew2.3% / -2.5%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.
SectorAU Financial Services
4-week rank86 / 100
Group average2.0%
Trend breadth43.0%
Trend43.0%active weekly trend signals
MD80.0%positive activity pressure
RS37.0%positive relative leadership
Four-week leaders
IndustryAU Asset Management
4-week rank82 / 100
Group average0.7%
Trend breadth29.0%
Trend29.0%active weekly trend signals
MD72.0%positive activity pressure
RS25.0%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 tape65/100
Trend, activity pressure, participation, and risk combine to a 65/100 tape read.
Indicator analysis70/100Latest 12-week confirmation: trend 8/12, activity pressure 11/12, relative leadership 12/12.
Activity pressure 0.84; 5 reversal markers Factors59/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 63; Small Cap Core rank 79 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment54/100Weighted news tone is neutral across 13 relevant articles.
WAM Active Ltd. Revenue Breakdown – ASX:WAA 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 | 1.05 AUD | -7.9% | 1.01 AUD | 0.80 AUD | 1.35 | 2.43 | 4.3M | On |
| 31 Jul 2026 | 1.14 AUD | 0.0% | 1.01 AUD | 0.79 AUD | 1.54 | 15.19 | 3.1M | On |
| 24 Jul 2026 | 1.14 AUD | -3.4% | 1.00 AUD | 0.79 AUD | 1.33 | 18.56 | 2.8M | On |
| 17 Jul 2026 | 1.18 AUD | 8.3% | 0.99 AUD | 0.79 AUD | 1.08 | 23.16 | 5.4M | On |
| 10 Jul 2026 | 1.09 AUD | 4.3% | 0.99 AUD | 0.78 AUD | 0.78 | 14.53 | 1.8M | On |
| 3 Jul 2026 | 1.04 AUD | 2.5% | 0.98 AUD | 0.78 AUD | 0.49 | 9.97 | 128.7K | On |
| 26 Jun 2026 | 1.02 AUD | -0.5% | 0.98 AUD | 0.78 AUD | 0.38 | 8.89 | 85.4K | On |
| 19 Jun 2026 | 1.02 AUD | 3.0% | 0.98 AUD | 0.77 AUD | 0.30 | 9.19 | 328.9K | On |
| 12 Jun 2026 | 1.00 AUD | -1.0% | 0.97 AUD | 0.77 AUD | 0.24 | 6.85 | 290.3K | Off |
| 5 Jun 2026 | 1.01 AUD | 2.0% | 0.97 AUD | 0.77 AUD | 0.30 | 10.64 | 77.0K | Off |
| 29 May 2026 | 0.99 AUD | -1.5% | 0.97 AUD | 0.76 AUD | 0.20 | 7.69 | 983.0K | Off |
| 22 May 2026 | 1.00 AUD | 0.0% | 0.97 AUD | 0.76 AUD | -0.00 | 10.73 | 591.4K | Off |
| 15 May 2026 | 1.00 AUD | 0.2% | 0.97 AUD | 0.76 AUD | -0.29 | 11.56 | 1.8M | Off |
| 8 May 2026 | 1.00 AUD | 1.5% | 0.97 AUD | 0.76 AUD | -0.67 | 10.42 | 1.9M | 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.