- Activity pressure is positive on the latest completed week.
OPH
ASX
Week ended 07 Aug 2026
Weekly Investor Report
Ophir Asset Management Pty Ltd - Ophir High Conviction Fund · Financial Services · Asset Management
Latest close
2.51 AUD
-1.2%
latest week
Weekly setup
Weak trend
The weekly trend is not active. Price is -6.2% below the Trend Line and sits at 20.8% of its 52-week range. The latest completed week returned -1.2%, after a -1.6% 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 54/100.
Setup score
38
out of 100
Latest Close
2.51 AUD
7 Aug 2026
1W Return
-1.2%
latest completed week
4W Return
-1.6%
short-term follow-through
12W Return
-3.5%
quarterly tape
Trend Breadth
32.7%
17 of 52 weeks active
Volume Ratio
1.4x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Price is below Fair Value, so the market is still discounting the latest tape.
- Activity pressure is weak, so confirmation is not yet broad enough.
- 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
-1.2%
Latest completed week; four-week move -1.6%.
Indicator stack
18/100
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
34 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 not active. Price is -6.2% below the Trend Line and sits at 20.8% of its 52-week range. The latest completed week returned -1.2%, after a -1.6% 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 1.4x the 13-week average. Participation is around or above normal and provides reasonable 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 0.0912-week average 0.08
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure4/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.09Current 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 -1.6% over four weeks, -3.5% over 12 weeks, and -18.5% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year17
Trend breadth32.7%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.77Latest activity-pressure read.
Pressure change712.9%Four-week change in activity pressure.
Leadership-18.74Latest relative-leadership reading.
RS change-28.0%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 strength81/100Blend of value, momentum, and quality. Underlying universe rank 20; rank 1 is best.
Value93/100Relative valuation strength. Underlying universe rank 8; rank 1 is best.
Quality91/100Profitability and accounting quality. Underlying universe rank 10; rank 1 is best.
Momentum11/100Medium-term price momentum. Underlying universe rank 90; rank 1 is best.
Growth100/100Revenue and earnings growth. Underlying universe rank 1; 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
- 3.6x Price divided by trailing earnings.
- Price / sales
- 3.3x Market value relative to trailing revenue.
- EV / EBITDA
- - Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 5.5% 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
- 16.5% 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
- 123.4% Latest one-year revenue growth.
- EPS growth
- 140.9% 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
- 14.5% Cash dividends relative to market value.
- Buyback yield
- 0.0% Net share repurchases relative to market value.
- Shareholder yield
- 14.5% 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 34 relevant articles.
8 positive · 26 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-31.2%Distance below the 52-week high.
13-week volatility4.3%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 higher10 of 2614 weeks finished lower.
Best week+7.1%Week of 12 Jun.
Worst week-10.7%Week of 29 May.
Latest week-1.2%Week of 7 Aug.
Shape of recent returns
Strong gains1
Modest gains9
Flat weeks2
Modest losses11
Sharp losses3
Recent vol4.3%13-week weekly-return volatility.
Base vol3.2%52-week weekly-return volatility.
Up/down split21/26Count of positive and negative weeks in the 52-week window.
Average skew2.4% / -2.6%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 rank79 / 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 rank75 / 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 tape37/100
Trend, activity pressure, participation, and risk combine to a 37/100 tape read.
Indicator analysis17/100Latest 12-week confirmation: trend 0/12, activity pressure 4/12, relative leadership 0/12.
Activity pressure 0.09; No reversal markers Factors70/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 60; Small Cap Core rank 7 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment54/100Weighted news tone is neutral across 34 relevant articles.
Brookfield Asset Management Stock And 2 Quality Picks Built For Uncertain Markets 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 | 2.51 AUD | -1.2% | 2.68 AUD | 2.63 AUD | 0.77 | -18.74 | 1.9M | Off |
| 31 Jul 2026 | 2.54 AUD | 0.8% | 2.70 AUD | 2.63 AUD | 0.74 | -15.53 | 1.7M | Off |
| 24 Jul 2026 | 2.52 AUD | 1.6% | 2.72 AUD | 2.63 AUD | 0.49 | -14.60 | 7.1M | Off |
| 17 Jul 2026 | 2.48 AUD | -2.7% | 2.74 AUD | 2.63 AUD | 0.13 | -16.57 | 1.2M | Off |
| 10 Jul 2026 | 2.55 AUD | 3.2% | 2.76 AUD | 2.63 AUD | -0.12 | -14.64 | 1.1M | Off |
| 3 Jul 2026 | 2.47 AUD | 2.6% | 2.78 AUD | 2.63 AUD | -0.54 | -18.02 | 122.3K | Off |
| 26 Jun 2026 | 2.41 AUD | -2.1% | 2.81 AUD | 2.62 AUD | -0.77 | -19.79 | 490.5K | Off |
| 19 Jun 2026 | 2.46 AUD | 3.2% | 2.83 AUD | 2.62 AUD | -1.02 | -19.03 | 375.6K | Off |
| 12 Jun 2026 | 2.38 AUD | 7.1% | 2.86 AUD | 2.62 AUD | -1.07 | -21.65 | 410.0K | Off |
| 5 Jun 2026 | 2.23 AUD | -5.2% | 2.88 AUD | 2.62 AUD | -1.10 | -25.57 | 1.6M | Off |
| 29 May 2026 | 2.35 AUD | -10.7% | 2.92 AUD | 2.62 AUD | -1.25 | -22.83 | 224.3K | Off |
| 22 May 2026 | 2.63 AUD | 1.2% | 2.96 AUD | 2.61 AUD | -1.27 | -13.24 | 887.0K | Off |
| 15 May 2026 | 2.60 AUD | 0.0% | 2.99 AUD | 2.61 AUD | -1.52 | -14.11 | 1.3M | Off |
| 8 May 2026 | 2.60 AUD | -0.4% | 3.02 AUD | 2.61 AUD | -1.61 | -15.42 | 920.7K | 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.