{"ticker": {"uuid": "122094a7-4ea4-4867-a22c-2d3e2a7d5448", "symbol": "KARNEL-B", "name": "Karnell Group AB ser. B", "exchange": "STO", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "KARNEL-B closed the latest completed week at 80.70 SEK. The 4-week return is 1.8% and the 12-week return is 35.9%. Trend Signal is active, Market Dynamics is 0.97.", "description": "Karnell Group AB (publ) is a private equity firm specializing investments in add-on acquisitions, expansion and small and medium-sized companies. The firm seeks to invest in B2B industrial technology companies. The firm does not invest in general distributors or systems that are dependent on third-party suppliers. The firm focuses on companies based in the Nordic region. The firm seeks to invest between SEK50 million ($4.71 million) and SEK150 million ($14.14 million) in companies with a turnover between SEK50 million ($4.71 million) and SEK350 million ($33.01 million). The firm seeks to invest in companies having EBITA more than SEK10 million ($1.05 million) and an EBITA margin above 10 percent. The firm prefers to make majority investments and take clear ownership in its portfolio companies. The firm prefers to invest from its own balance sheet with an evergreen ownership horizon. Karnell Group AB (publ) is based in Stockholm, Sweden.", "setup_signature": "Balanced read", "composite_score": "65", "kpis": [{"label": "Latest Close", "value": "80.70 SEK", "hint": "2026-06-12"}, {"label": "1W Return", "value": "-0.4%", "tone": "negative", "hint": "latest completed week"}, {"label": "4W Return", "value": "1.8%", "tone": "positive", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "35.9%", "tone": "positive", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "73.1%", "hint": "38 of 52 weeks active"}, {"label": "Volume Ratio", "value": "0.7x", "hint": "vs 13-week average"}], "classification": {"exchange": "STO", "country": "SE", "sector": "Industrials", "industry": "Conglomerates", "currency": "SEK", "market_cap": "4.4B"}, "price": {"trend_line": "68.87 SEK", "fair_value": "55.57 SEK", "vs_trend": "17.2%", "vs_fair_value": "45.2%", "high_52": "85.90 SEK", "low_52": "54.10 SEK", "drawdown": "-6.1%", "range_position": "83.6%"}, "momentum": {"returns": [{"label": "1W", "value": -0.3703740740740788, "value_label": "-0.4%", "tone": "negative", "width": 4}, {"label": "4W", "value": 1.7654400340943142, "value_label": "1.8%", "tone": "positive", "width": 5.044114383126612}, {"label": "12W", "value": 35.85857623371796, "value_label": "35.9%", "tone": "positive", "width": 100}, {"label": "26W", "value": 15.781923204386938, "value_label": "15.8%", "tone": "positive", "width": 45.091209155391255}, {"label": "52W", "value": 46.72726727272726, "value_label": "46.7%", "tone": "positive", "width": 100}], "trend_streak": 5, "active_weeks": 38, "active_breadth": "73.1%", "peer": {"scope": "SE Industrials", "count": 172, "rank": 72, "percentile": 58.47953216374269, "avg_weekly_return": -1.5436132994732463}}, "setup": {"scores": [{"label": "Trend", "value": 57.5, "value_label": "58", "width": 57.5, "tone": "neutral", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 86.33323068876308, "value_label": "86", "width": 86.33323068876308, "tone": "positive", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 68.96482222677797, "value_label": "69", "width": 68.96482222677797, "tone": "positive", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 84.1708781812759, "value_label": "84", "width": 84.1708781812759, "tone": "positive", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 30.179475066608717, "value_label": "30", "width": 30.179475066608717, "tone": "negative", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 65.43891136883218, "value_label": "65", "width": 65.43891136883218, "tone": "neutral", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "27 Feb", "return": -3.179650137372015, "return_label": "-3.2%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 26.497084478100124}, {"week": "6 Mar", "return": 3.448272464752956, "return_label": "3.4%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 28.7356038729413}, {"week": "13 Mar", "return": -2.380952380952381, "return_label": "-2.4%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 19.841269841269842}, {"week": "20 Mar", "return": -3.414630894308942, "return_label": "-3.4%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 28.455257452574518}, {"week": "27 Mar", "return": 0.8417508134090635, "return_label": "0.8%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 7.014590111742196}, {"week": "3 Apr", "return": 1.3355575514004152, "return_label": "1.3%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 11.129646261670127}, {"week": "10 Apr", "return": 10.708395210734833, "return_label": "10.7%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 89.23662675612361}, {"week": "17 Apr", "return": 5.35715202487287, "return_label": "5.4%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 44.64293354060725}, {"week": "24 Apr", "return": 1.4124293186823735, "return_label": "1.4%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 11.770244322353113}, {"week": "1 May", "return": -3.899725463799777, "return_label": "-3.9%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 32.49771219833148}, {"week": "8 May", "return": 15.942028985507244, "return_label": "15.9%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": true, "height": 100}, {"week": "15 May", "return": -0.8749962499999953, "return_label": "-0.9%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 7.291635416666627}, {"week": "22 May", "return": 0.8827200170471571, "return_label": "0.9%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 7.356000142059642}, {"week": "29 May", "return": 0.0, "return_label": "0.0%", "tone": "neutral", "trend": true, "buy_signal": false, "positive_md": true, "height": 4}, {"week": "5 Jun", "return": 1.25, "return_label": "1.2%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 10.416666666666668}, {"week": "12 Jun", "return": -0.3703740740740788, "return_label": "-0.4%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 4}]}, "groups": {"sector": {"scope": "SE Industrials", "count": 100, "avg_weekly_return": -0.576165992525989, "avg_four_week_return": 1.3118842420590915, "avg_twelve_week_return": 11.4447793936181, "trend_breadth": 43.0, "positive_md_breadth": 68.0, "positive_rs_breadth": 33.0, "week_rank": 47, "four_week_rank": 46, "twelve_week_rank": 10, "top_peers": [{"id": 33434, "symbol": "FNM", "name": "Ferronordic AB (publ)", "exchange": "STO", "url": "/terminal/bb4231a1-b012-4719-b2ec-164b95e958db/report/", "weekly_return": -0.6060636363636374, "weekly_return_label": "-0.6%", "weekly_return_tone": "negative", "four_week_return": 41.37929994054741, "four_week_return_label": "41.4%", "four_week_return_tone": "positive", "twelve_week_return": 49.09090454545454, "twelve_week_return_label": "49.1%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 34704, "symbol": "VESTUM", "name": "Vestum AB (publ)", "exchange": "STO", "url": "/terminal/07122912-1530-423e-9ad2-37a0c8eadf03/report/", "weekly_return": 28.68852459016394, "weekly_return_label": "28.7%", "weekly_return_tone": "positive", "four_week_return": 39.43161634103019, "four_week_return_label": "39.4%", "four_week_return_tone": "positive", "twelve_week_return": 84.92343934040045, "twelve_week_return_label": "84.9%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 33877, "symbol": "MILDEF", "name": "MilDef Group AB (publ)", "exchange": "STO", "url": "/terminal/b02a0773-7a13-4d8e-92f5-debbcf16e2ce/report/", "weekly_return": -0.639386189258312, "weekly_return_label": "-0.6%", "weekly_return_tone": "negative", "four_week_return": 23.284733317319336, "four_week_return_label": "23.3%", "four_week_return_tone": "positive", "twelve_week_return": 59.08355554801382, "twelve_week_return_label": "59.1%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 32794, "symbol": "AAC", "name": "AAC Clyde Space AB (publ)", "exchange": "STO", "url": "/terminal/d8f5aacd-a36a-4131-ab79-9e1b7d2bc474/report/", "weekly_return": 5.858304376192682, "weekly_return_label": "5.9%", "weekly_return_tone": "positive", "four_week_return": 17.727268181818175, "four_week_return_label": "17.7%", "four_week_return_tone": "positive", "twelve_week_return": 29.933107523965003, "twelve_week_return_label": "29.9%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 33221, "symbol": "CTT", "name": "CTT Systems AB (publ)", "exchange": "STO", "url": "/terminal/619e53b5-d333-4a97-b4e6-6a4d686df5e9/report/", "weekly_return": 1.0432258057353097, "weekly_return_label": "1.0%", "weekly_return_tone": "positive", "four_week_return": 15.502558509326095, "four_week_return_label": "15.5%", "four_week_return_tone": "positive", "twelve_week_return": 4.185225587549142, "twelve_week_return_label": "4.2%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}]}, "industry": {"scope": "SE Conglomerates", "count": 12, "avg_weekly_return": -5.728559590949579, "avg_four_week_return": -2.7422369826141595, "avg_twelve_week_return": 7.503492026874322, "trend_breadth": 41.66666666666667, "positive_md_breadth": 75.0, "positive_rs_breadth": 25.0, "week_rank": 7, "four_week_rank": 6, "twelve_week_rank": 2, "top_peers": [{"id": 33785, "symbol": "LIFCO-B", "name": "Lifco AB (publ)", "exchange": "STO", "url": "/terminal/a137b5ae-3d9a-47f4-b454-365a5cbfa194/report/", "weekly_return": 1.7184342025426058, "weekly_return_label": "1.7%", "weekly_return_tone": "positive", "four_week_return": 10.164636581917748, "four_week_return_label": "10.2%", "four_week_return_tone": "positive", "twelve_week_return": 12.51977293816006, "twelve_week_return_label": "12.5%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 34340, "symbol": "SDIP-B", "name": "Sdiptech AB (publ)", "exchange": "STO", "url": "/terminal/b3be375c-80dd-4117-a271-44a60ca10028/report/", "weekly_return": 4.308945528455287, "weekly_return_label": "4.3%", "weekly_return_tone": "positive", "four_week_return": 8.36148764744737, "four_week_return_label": "8.4%", "four_week_return_tone": "positive", "twelve_week_return": 37.956992473118284, "twelve_week_return_label": "38.0%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 33825, "symbol": "LUND-B", "name": "L E Lundbergf\u00f6retagen AB (publ)", "exchange": "STO", "url": "/terminal/5b3c0533-d6d2-4aee-aaf9-468801d26add/report/", "weekly_return": 0.09233610341643582, "weekly_return_label": "0.1%", "weekly_return_tone": "positive", "four_week_return": 4.734299516908213, "four_week_return_label": "4.7%", "four_week_return_tone": "positive", "twelve_week_return": 7.61886995619694, "twelve_week_return_label": "7.6%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": false, "positive_rs": false}, {"id": 33023, "symbol": "BERG-B", "name": "Bergman & Beving AB (publ)", "exchange": "STO", "url": "/terminal/da90b451-0631-49ca-92b8-6a50e70c1468/report/", "weekly_return": 0.5093378607809848, "weekly_return_label": "0.5%", "weekly_return_tone": "positive", "four_week_return": 2.7777777777777777, "four_week_return_label": "2.8%", "four_week_return_tone": "positive", "twelve_week_return": 11.278195488721805, "twelve_week_return_label": "11.3%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 34598, "symbol": "TEQ", "name": "Teqnion AB (publ)", "exchange": "STO", "url": "/terminal/d514adff-bd2b-4fe9-939c-d2f2e0bf4d40/report/", "weekly_return": 1.772153797468357, "weekly_return_label": "1.8%", "weekly_return_tone": "positive", "four_week_return": 1.772153797468357, "four_week_return_label": "1.8%", "four_week_return_tone": "positive", "twelve_week_return": 15.18624361663709, "twelve_week_return_label": "15.2%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}]}}, "dynamics": {"market_dynamics": "0.97", "market_dynamics_tone": "positive", "md_4_change": "19.5%", "relative_strength": "11.80", "rs_4_change": "-15.5%", "expectation": "Undecided", "expectation_probability": "46.12%"}, "volume": {"latest": "245.7K", "average_13": "342.0K", "average_52": "385.4K", "ratio_13": "0.7x", "ratio_52": "0.6x"}, "risk": {"volatility_13": "5.3%", "volatility_52": "4.7%", "downside_weeks": 27, "upside_weeks": 24, "downside_breadth": "51.9%", "average_gain": "4.6%", "average_loss": "-2.5%"}, "signals": [{"label": "Trend Signal", "value": "Active", "tone": "positive"}, {"label": "Market Dynamics", "value": "No fresh buy", "tone": "neutral"}, {"label": "Price vs Trend", "value": "17.2%", "tone": "positive"}, {"label": "Volume", "value": "0.7x", "tone": "neutral"}], "opportunities": ["Trend Signal is active with a 5-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.", "Market Dynamics is positive on the latest completed week."], "risks": ["No major top-level risk cluster is currently dominant."], "watch_points": ["Trend Line remains the key weekly regime level.", "Market Dynamics is the pressure gauge to monitor for confirmation or fade.", "A volume ratio above 1.5x would show stronger participation in the next move."], "recent_rows": [{"week": "2026-06-12", "close": "80.70 SEK", "weekly_return": -0.3703740740740788, "weekly_return_label": "-0.4%", "weekly_return_tone": "negative", "trend_line": "68.87 SEK", "fair_value": "55.57 SEK", "market_dynamics": "0.97", "relative_strength": "11.80", "volume": "245.7K", "trend_signal": "On"}, {"week": "2026-06-05", "close": "81.00 SEK", "weekly_return": 1.25, "weekly_return_label": "1.2%", "weekly_return_tone": "positive", "trend_line": "68.46 SEK", "fair_value": "55.35 SEK", "market_dynamics": "1.03", "relative_strength": "12.45", "volume": "629.8K", "trend_signal": "On"}, {"week": "2026-05-29", "close": "80.00 SEK", "weekly_return": 0.0, "weekly_return_label": "0.0%", "weekly_return_tone": "neutral", "trend_line": "68.10 SEK", "fair_value": "55.13 SEK", "market_dynamics": "1.03", "relative_strength": "10.55", "volume": "188.8K", "trend_signal": "On"}, {"week": "2026-05-22", "close": "80.00 SEK", "weekly_return": 0.8827200170471571, "weekly_return_label": "0.9%", "weekly_return_tone": "positive", "trend_line": "67.59 SEK", "fair_value": "54.91 SEK", "market_dynamics": "0.93", "relative_strength": "10.51", "volume": "240.2K", "trend_signal": "On"}, {"week": "2026-05-15", "close": "79.30 SEK", "weekly_return": -0.8749962499999953, "weekly_return_label": "-0.9%", "weekly_return_tone": "negative", "trend_line": "67.11 SEK", "fair_value": "54.69 SEK", "market_dynamics": "0.81", "relative_strength": "13.97", "volume": "340.1K", "trend_signal": "On"}, {"week": "2026-05-08", "close": "80.00 SEK", "weekly_return": 15.942028985507244, "weekly_return_label": "15.9%", "weekly_return_tone": "positive", "trend_line": "66.41 SEK", "fair_value": "54.47 SEK", "market_dynamics": "0.61", "relative_strength": "14.28", "volume": "721.9K", "trend_signal": "Off"}, {"week": "2026-05-01", "close": "69.00 SEK", "weekly_return": -3.899725463799777, "weekly_return_label": "-3.9%", "weekly_return_tone": "negative", "trend_line": "65.71 SEK", "fair_value": "54.24 SEK", "market_dynamics": "0.21", "relative_strength": "-0.53", "volume": "209.8K", "trend_signal": "Off"}, {"week": "2026-04-24", "close": "71.80 SEK", "weekly_return": 1.4124293186823735, "weekly_return_label": "1.4%", "weekly_return_tone": "positive", "trend_line": "65.35 SEK", "fair_value": "54.11 SEK", "market_dynamics": "-0.15", "relative_strength": "2.48", "volume": "207.6K", "trend_signal": "Off"}, {"week": "2026-04-17", "close": "70.80 SEK", "weekly_return": 5.35715202487287, "weekly_return_label": "5.4%", "weekly_return_tone": "positive", "trend_line": "64.87 SEK", "fair_value": "53.94 SEK", "market_dynamics": "-0.49", "relative_strength": "-1.14", "volume": "219.9K", "trend_signal": "Off"}, {"week": "2026-04-10", "close": "67.20 SEK", "weekly_return": 10.708395210734833, "weekly_return_label": "10.7%", "weekly_return_tone": "positive", "trend_line": "64.51 SEK", "fair_value": "53.79 SEK", "market_dynamics": "-0.79", "relative_strength": "-3.68", "volume": "139.9K", "trend_signal": "Off"}, {"week": "2026-04-03", "close": "60.70 SEK", "weekly_return": 1.3355575514004152, "weekly_return_label": "1.3%", "weekly_return_tone": "positive", "trend_line": "64.34 SEK", "fair_value": "53.66 SEK", "market_dynamics": "-0.96", "relative_strength": "-8.59", "volume": "215.1K", "trend_signal": "Off"}, {"week": "2026-03-27", "close": "59.90 SEK", "weekly_return": 0.8417508134090635, "weekly_return_label": "0.8%", "weekly_return_tone": "positive", "trend_line": "64.46 SEK", "fair_value": "53.60 SEK", "market_dynamics": "-0.96", "relative_strength": "-6.47", "volume": "560.7K", "trend_signal": "Off"}, {"week": "2026-03-20", "close": "59.40 SEK", "weekly_return": -3.414630894308942, "weekly_return_label": "-3.4%", "weekly_return_tone": "negative", "trend_line": "64.70 SEK", "fair_value": "53.54 SEK", "market_dynamics": "-1.00", "relative_strength": "-7.11", "volume": "526.0K", "trend_signal": "Off"}, {"week": "2026-03-13", "close": "61.50 SEK", "weekly_return": -2.380952380952381, "weekly_return_label": "-2.4%", "weekly_return_tone": "negative", "trend_line": "64.91 SEK", "fair_value": "53.48 SEK", "market_dynamics": "-0.93", "relative_strength": "-8.48", "volume": "414.6K", "trend_signal": "Off"}], "chart_url": "/terminal/122094a7-4ea4-4867-a22c-2d3e2a7d5448/", "api_path": "/terminal/122094a7-4ea4-4867-a22c-2d3e2a7d5448/report/api/"}