- The trend backdrop is active with a 16-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.
IBC
ASX
Week ended 07 Aug 2026
Weekly Investor Report
Ironbark Balanced Income Limited · Financial Services · Asset Management
Latest close
0.44 AUD
1.1%
latest week
Weekly setup
Constructive, but selective
The weekly trend is active. Price is 3.0% above the Trend Line and sits at 78.2% of its 52-week range. The latest completed week returned 1.1%, after a 2.3% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks strongly; valuation is inexpensive relative to peers. The latest news-sentiment score is 50/100. Near-term considerations: volume confirmation is below normal.
Setup score
57
out of 100
Latest Close
0.44 AUD
7 Aug 2026
1W Return
1.1%
latest completed week
4W Return
2.3%
short-term follow-through
12W Return
2.3%
quarterly tape
Trend Breadth
92.3%
48 of 52 weeks active
Volume Ratio
0.4x
vs 13-week average
- Next-week expectancy is negative at 29.93% based on similar historical setup states.
- Price is close to its 52-week high; watch for continuation or exhaustion.
- 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
1.1%
Latest completed week; four-week move 2.3%.
Indicator stack
96/67
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 29.93%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
50/100
10 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 3.0% above the Trend Line and sits at 78.2% of its 52-week range. The latest completed week returned 1.1%, after a 2.3% 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 0.4x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume 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 0.5512-week average 0.66
12-week confirmation
Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure7/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership9/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.55Current 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 2.3% over four weeks, 2.3% over 12 weeks, and 6.4% over one year. The current trend has remained active for 16 consecutive weeks.
Performance by holding period
Active trend streak16 weeks
Active weeks in one year48
Trend breadth92.3%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.20Latest activity-pressure read.
Pressure change170.4%Four-week change in activity pressure.
Leadership-1.50Latest relative-leadership reading.
RS change-199.9%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 strongly; valuation is inexpensive 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 strength96/100Blend of value, momentum, and quality. Underlying universe rank 5; rank 1 is best.
Value92/100Relative valuation strength. Underlying universe rank 9; rank 1 is best.
Quality89/100Profitability and accounting quality. Underlying universe rank 12; rank 1 is best.
Momentum86/100Medium-term price momentum. Underlying universe rank 15; rank 1 is best.
Growth91/100Revenue and earnings growth. Underlying universe rank 10; 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
- 14.4x Price divided by trailing earnings.
- Price / sales
- 11.3x Market value relative to trailing revenue.
- EV / EBITDA
- - Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 16.8% 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
- 172.0% 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
- 16.6% Latest one-year revenue growth.
- EPS growth
- 19.6% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- 61.8% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 4/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 7.3% Cash dividends relative to market value.
- Buyback yield
- 1.8% Net share repurchases relative to market value.
- Shareholder yield
- 9.1% 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 sentiment50/100
Weighted news tone is neutral across 10 relevant articles.
0 positive · 10 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-2.2%Distance below the 52-week high.
13-week volatility1.5%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 267 weeks finished lower.
Best week+3.0%Week of 6 Mar.
Worst week-3.4%Week of 19 Jun.
Latest week+1.1%Week of 7 Aug.
Shape of recent returns
Strong gains0
Modest gains14
Flat weeks5
Modest losses7
Sharp losses0
Recent vol1.5%13-week weekly-return volatility.
Base vol1.4%52-week weekly-return volatility.
Up/down split22/15Count of positive and negative weeks in the 52-week window.
Average skew1.4% / -1.6%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 rank- / 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 rank38 / 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 tape59/100
Trend, activity pressure, participation, and risk combine to a 59/100 tape read.
Indicator analysis70/100Latest 12-week confirmation: trend 12/12, activity pressure 7/12, relative leadership 9/12.
Activity pressure 0.55; No reversal markers Next-Week ExpectancyNegative 29.93%Next-week expectancy is negative with a 29.93% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. Factors90/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 4; Small Cap Core rank 17 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment50/100Weighted news tone is neutral across 10 relevant articles.
Ironbark Balanced Income Limited Registered Revenue Breakdown – ASX:IBC 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 | 0.44 AUD | 1.1% | 0.43 AUD | 0.41 AUD | 0.20 | -1.50 | 33.2K | On |
| 31 Jul 2026 | 0.43 AUD | 1.2% | 0.43 AUD | 0.41 AUD | 0.13 | 0.51 | 202.1K | On |
| 24 Jul 2026 | 0.43 AUD | 0.0% | 0.43 AUD | 0.41 AUD | -0.03 | 1.73 | 17.4K | On |
| 17 Jul 2026 | 0.43 AUD | 0.0% | 0.43 AUD | 0.41 AUD | -0.14 | 1.52 | 162.1K | On |
| 10 Jul 2026 | 0.43 AUD | 0.0% | 0.43 AUD | 0.41 AUD | -0.28 | 1.50 | 17.4K | On |
| 3 Jul 2026 | 0.43 AUD | 2.4% | 0.43 AUD | 0.41 AUD | -0.22 | 1.11 | 55.8K | On |
| 26 Jun 2026 | 0.42 AUD | 0.0% | 0.42 AUD | 0.41 AUD | -0.11 | -0.27 | 112.3K | On |
| 19 Jun 2026 | 0.42 AUD | -3.4% | 0.42 AUD | 0.41 AUD | 0.34 | -1.01 | 192.7K | On |
| 12 Jun 2026 | 0.43 AUD | 1.2% | 0.42 AUD | 0.41 AUD | 0.57 | 2.80 | 7.2K | On |
| 5 Jun 2026 | 0.43 AUD | -2.3% | 0.42 AUD | 0.41 AUD | 0.56 | 3.77 | 30.1K | On |
| 29 May 2026 | 0.44 AUD | 1.1% | 0.42 AUD | 0.41 AUD | 0.58 | 4.96 | 5.2K | On |
| 22 May 2026 | 0.43 AUD | 1.2% | 0.42 AUD | 0.41 AUD | 0.56 | 4.72 | 87.3K | On |
| 15 May 2026 | 0.43 AUD | 0.2% | 0.42 AUD | 0.41 AUD | 0.34 | 3.91 | 46.8K | On |
| 8 May 2026 | 0.43 AUD | -1.1% | 0.42 AUD | 0.41 AUD | 0.10 | 2.33 | 101.6K | On |
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.