SAO Equity Snapshot

HGBS11 Weekly Equity Report

HEDGE Brasil Shopping Fundo de Investimento Imobiliário

Interactive chart JSON snapshot
Latest Close 19.59 BRL 12 Jun 2026
1W Return -1.5% latest completed week
4W Return -1.2% short-term follow-through
12W Return -2.1% quarterly tape
Trend Breadth 98.1% 51 of 52 weeks active
Volume Ratio 0.7x vs 13-week average
Sharemaestro Evidence Rating

Neutral

A cross-signal market read combining weekly price structure, proprietary indicators, factors, Patient Capital, options, sentiment, insider activity, earnings risk, research flow, and sector context.

Evidence Score 45 Neutral

Top-level conclusion

The strongest supporting evidence is sentiment: Weighted news tone is neutral across 2 relevant articles.

The main constraint is weekly tape: Trend, Market Dynamics, participation, and risk combine to a 41/100 tape read.

The combined read is balanced, making the next change in trend, sentiment, or options pressure especially important.

Primary driver

Sentiment 50/100

Weighted news tone is neutral across 2 relevant articles.

Main constraint

Weekly tape 41/100

Trend, Market Dynamics, participation, and risk combine to a 41/100 tape read.

Price follow-through -1.5% Latest completed week; four-week move -1.2%. Trend signal Active Smoothed Trend Signal defines the current weekly regime. Patient Capital Quiet Market Dynamics buy-signal status for institutional accumulation timing. News sentiment 50/100 2 relevant articles in the latest sentiment read.
Weekly tape 41/100

Trend, Market Dynamics, participation, and risk combine to a 41/100 tape read.

 Factors 50/100

No published factor snapshot is available yet.

 Patient Capital Quiet

Market Dynamics buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Options 50/100

No current options snapshot is stored for this ticker.

 Sentiment 50/100

Weighted news tone is neutral across 2 relevant articles.

Brazil’s REITs Helping to Address Real Estate Undersupply: Hedge Investments Insiders 50/100

No recent insider transaction evidence is stored.

 Earnings 50/100

No stored earnings event is currently attached to this ticker.
Company Brief

What the company does

CSHG Brasil Shopping FII specializes in real estate investing.

Snapshot

What the weekly tape is saying

HGBS11 closed the latest completed week at 19.59 BRL. The 4-week return is -1.2% and the 12-week return is -2.1%. Trend Signal is inactive, Market Dynamics is -1.17. Setup signature: Balanced read with a 42/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -0.8%
Volume 0.7x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 54 Persistence of active Trend Signal over the last year and current streak.
Momentum 45 Blend of 4-week and 12-week follow-through.
Dynamics 0 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 40 Relative leadership and short-term RS change.
Volume 29 Participation compared with the 13-week volume baseline.
Risk Control 84 Drawdown and recent weekly volatility pressure.

16-week signal tape

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
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price zone

Close Trend Fair
16.67 BRL 72.5% 20.70 BRL
Range location 72.5% Shows where the latest close sits between the 52-week low and high.
Trend distance -0.8% Price premium or discount versus the weekly Trend Line.
Fair-value gap 8.6% Premium demand or model discount versus Sharemaestro Fair Value.
High-water gap -5.4% Distance from the latest 52-week high.
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -1.5%
4W -1.2%
12W -2.1%
26W 1.6%
52W 10.1%

Trend read

Active Streak
0 weeks
52W Active Weeks
51
52W Active Breadth
98.1%
Sector Scope
BR Real Estate
Sector Rank
69 of 100
Sector Percentile
31.3%
69 of 100
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Pressure map

Market Dynamics
Relative Strength
Pressure -1.17 Latest Market Dynamics read.
Pressure change -545.1% Four-week change in Market Dynamics.
Leadership -4.34 Latest Relative Strength reading.
RS change 42.2% Four-week change in Relative Strength.
Expectation Undecided 49.77% probability read.
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

Volume and return confirmation

Participation read

Participation 0.7x Latest volume versus the 13-week average.
Baseline 1.3M 13-week average volume.
One-year base 869.0K 52-week average volume.
Latest 928.9K Most recent completed week.
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Return shape

Strong gains 0
Modest gains 14
Flat weeks 1
Modest losses 11
Sharp losses 0
Recent vol 1.1% 13-week weekly-return volatility.
Base vol 1.1% 52-week weekly-return volatility.
Up/down split 31/19 Count of positive and negative weeks in the 52-week window.
Average skew 0.9% / -0.9% Average positive week versus average negative week.
Cross-App Evidence

Value, flow, sentiment, events, and research context

These cards convert the rest of Sharemaestro into a compact evidence trail, with direct drilldowns for deeper research.

Options and sentiment

Options
-
Expected Move
-
Sentiment
50/100
Articles
2 relevant

Earnings, insiders, and research flow

Earnings
-
Insiders
-
News
0 articles
Market Watch
0 posts

Latest Sharemaestro research

  • No recent research articles are stored for this ticker.

Latest Market Watch posts

  • No recent Market Watch posts are stored for this ticker.
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
SAO
Country
BR
Sector
Real Estate
Industry
Reit - Retail
Currency
BRL
Market Cap
2.6B

Opportunity signals

  • Price is above Fair Value, showing premium demand versus the model.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Market Dynamics is negative, which weakens the current setup.

Watch next

  • 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.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 19.59 BRL -1.5% 19.76 BRL 18.04 BRL -1.17 -4.34 928.9K Off
5 Jun 2026 19.88 BRL 0.0% 19.74 BRL 18.02 BRL -1.00 -1.95 1.5M On
29 May 2026 19.88 BRL 1.3% 19.71 BRL 17.99 BRL -0.66 -4.83 1.7M On
22 May 2026 19.63 BRL -1.0% 19.67 BRL 17.97 BRL -0.28 -7.58 1.4M On
15 May 2026 19.83 BRL -2.1% 19.65 BRL 17.94 BRL 0.26 -7.51 2.0M On
8 May 2026 20.26 BRL -0.9% 19.62 BRL 17.91 BRL 0.79 -9.33 1.9M On
1 May 2026 20.44 BRL -0.4% 19.58 BRL 17.88 BRL 1.00 -10.39 521.7K On
24 Apr 2026 20.52 BRL -0.6% 19.54 BRL 17.84 BRL 1.22 -11.94 646.2K On
17 Apr 2026 20.64 BRL 0.6% 19.48 BRL 17.81 BRL 1.21 -14.02 914.7K On
10 Apr 2026 20.52 BRL 1.8% 19.42 BRL 17.77 BRL 1.11 -15.59 838.2K On
3 Apr 2026 20.17 BRL 1.0% 19.35 BRL 17.73 BRL 1.09 -13.37 1.9M On
27 Mar 2026 19.97 BRL -0.2% 19.27 BRL 17.68 BRL 1.12 -11.56 1.9M On
20 Mar 2026 20.01 BRL -0.5% 19.20 BRL 17.64 BRL 1.14 -9.01 1.2M On
13 Mar 2026 20.11 BRL -0.2% 19.12 BRL 17.60 BRL 1.04 -9.48 922.6K On