- The trend backdrop is active with a 22-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.
- Volume is elevated versus the 13-week average, confirming attention.
NF4
GER
Week ended 07 Aug 2026
Weekly Investor Report
Netfonds AG · Financial Services · Financial Conglomerates
Latest close
86.50 EUR
6.8%
latest week
Weekly setup
Constructive, but selective
The weekly trend is active. Price is 23.3% above the Trend Line and sits at 98.9% of its 52-week range. The latest completed week returned 6.8%, after a 8.8% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is expensive relative to peers. The latest news-sentiment score is 50/100. Near-term considerations: price is close to its 52-week high.
Setup score
76
out of 100
Latest Close
86.50 EUR
7 Aug 2026
1W Return
6.8%
latest completed week
4W Return
8.8%
short-term follow-through
12W Return
10.2%
quarterly tape
Trend Breadth
78.8%
41 of 52 weeks active
Volume Ratio
4.0x
vs 13-week average
- Activity pressure is negative, which weakens the current setup.
- Next-week expectancy is negative at 44.31% based on similar historical setup states.
- 1 reversal markers appear in the recent smart-money tape.
- 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
6.8%
Latest completed week; four-week move 8.8%.
Indicator stack
88/52
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 44.31%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
50/100
2 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 23.3% above the Trend Line and sits at 98.9% of its 52-week range. The latest completed week returned 6.8%, after a 8.8% 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 4.0x 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 0.8912-week average 0.83
12-week confirmation
Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure5/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.89Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers11 reversal markers
No recent accumulation markers. 1 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 8.8% over four weeks, 10.2% over 12 weeks, and 99.3% over one year. The current trend has remained active for 22 consecutive weeks.
Performance by holding period
Active trend streak22 weeks
Active weeks in one year41
Trend breadth78.8%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.16Latest activity-pressure read.
Pressure change67.5%Four-week change in activity pressure.
Leadership34.89Latest relative-leadership reading.
RS change-3.8%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 is middle-of-the-pack; growth is moderate; valuation is expensive relative to peers.
Factor week 09 Aug 2026
Financial statements through 31 Dec 2025
Field coverage 88%
Model confidence 70%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength20/100Blend of value, momentum, and quality. Underlying universe rank 81; rank 1 is best.
Value15/100Relative valuation strength. Underlying universe rank 86; rank 1 is best.
Quality26/100Profitability and accounting quality. Underlying universe rank 75; rank 1 is best.
Momentum93/100Medium-term price momentum. Underlying universe rank 8; rank 1 is best.
Growth37/100Revenue and earnings growth. Underlying universe rank 64; 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.
Value-quality framework16/100Value and quality alignment from the Sharemaestro SVQF framework.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- 234.8x Price divided by trailing earnings.
- Price / sales
- 0.7x Market value relative to trailing revenue.
- EV / EBITDA
- 18.6x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 5.8% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 11.2% Gross profit retained from each unit of revenue.
- Operating margin
- 2.1% Operating profit retained from revenue.
- Free-cash-flow margin
- 4.8% Free cash flow generated from revenue.
- Return on invested capital
- 9.5% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 16.3% Latest one-year revenue growth.
- EPS growth
- -51.6% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- - 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
- - Cash dividends relative to market value.
- Buyback yield
- 0.5% Net share repurchases relative to market value.
- Shareholder yield
- 0.5% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- 1.9x 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 2 relevant articles.
0 positive · 2 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-0.6%Distance below the 52-week high.
13-week volatility1.9%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 higher13 of 266 weeks finished lower.
Best week+63.9%Week of 13 Mar.
Worst week-3.1%Week of 20 Feb.
Latest week+6.8%Week of 7 Aug.
Shape of recent returns
Strong gains3
Modest gains10
Flat weeks7
Modest losses6
Sharp losses0
Recent vol1.9%13-week weekly-return volatility.
Base vol9.1%52-week weekly-return volatility.
Up/down split24/17Count of positive and negative weeks in the 52-week window.
Average skew4.9% / -1.9%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.
SectorDE Financial Services
4-week rank13 / 95
Group average1.3%
Trend breadth61.1%
Trend61.1%active weekly trend signals
MD70.5%positive activity pressure
RS41.1%positive relative leadership
Four-week leaders
IndustryDE Financial Conglomerates
4-week rank1 / 3
Group average3.6%
Trend breadth33.3%
Trend33.3%active weekly trend signals
MD33.3%positive activity pressure
RS33.3%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 tape75/100
Trend, activity pressure, participation, and risk combine to a 75/100 tape read.
Indicator analysis75/100Latest 12-week confirmation: trend 12/12, activity pressure 5/12, relative leadership 12/12.
Activity pressure 0.89; 1 reversal markers Next-Week ExpectancyNegative 44.31%Next-week expectancy is negative with a 44.31% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. Factors35/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 35; Small Cap Core rank 89 SVQF16/100Value and quality alignment from the Sharemaestro SVQF framework.
Composite rank 315.5 of 375 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment50/100Weighted news tone is neutral across 2 relevant articles.
Netfonds AG Revenue Breakdown – XETR:NF4 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 | 86.50 EUR | 6.8% | 70.17 EUR | 47.83 EUR | -0.16 | 34.89 | 331 | On |
| 31 Jul 2026 | 81.00 EUR | 0.0% | 68.73 EUR | 47.52 EUR | -0.35 | 31.26 | 0 | On |
| 24 Jul 2026 | 81.00 EUR | 0.6% | 67.46 EUR | 47.26 EUR | -0.39 | 35.39 | 30 | On |
| 17 Jul 2026 | 80.50 EUR | 1.3% | 66.14 EUR | 47.00 EUR | -0.45 | 37.58 | 166 | On |
| 10 Jul 2026 | 79.50 EUR | 0.0% | 64.91 EUR | 46.73 EUR | -0.50 | 36.25 | 113 | On |
| 3 Jul 2026 | 79.50 EUR | 0.0% | 63.75 EUR | 46.47 EUR | -0.41 | 34.02 | 0 | On |
| 26 Jun 2026 | 79.50 EUR | 0.0% | 62.59 EUR | 46.21 EUR | -0.23 | 41.53 | 0 | On |
| 19 Jun 2026 | 79.50 EUR | 1.3% | 61.42 EUR | 45.95 EUR | 0.01 | 41.45 | 0 | On |
| 12 Jun 2026 | 78.50 EUR | -1.3% | 60.25 EUR | 45.70 EUR | 0.28 | 43.31 | 100 | On |
| 5 Jun 2026 | 79.50 EUR | 1.3% | 59.12 EUR | 45.44 EUR | 0.48 | 46.14 | 4 | On |
| 29 May 2026 | 78.50 EUR | 0.6% | 57.90 EUR | 45.19 EUR | 0.63 | 44.21 | 20 | On |
| 22 May 2026 | 78.00 EUR | -0.6% | 56.76 EUR | 44.94 EUR | 0.79 | 46.26 | 200 | On |
| 15 May 2026 | 78.50 EUR | 0.0% | 55.63 EUR | 44.68 EUR | 0.95 | 54.82 | 114 | On |
| 8 May 2026 | 78.50 EUR | -1.3% | 54.57 EUR | 44.43 EUR | 1.07 | 54.47 | 301 | 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.