JNB Equity Snapshot
EMI Weekly Equity Report
Emira Property Fund Limited
What the company does
Emira Property Fund Limited is a Real Estate Investment Trust (REIT) domiciled in South Africa and, together with all its subsidiaries, owns a portfolio of property investments which are sectorally and geographically diversified. Emira continues to deliver returns throughout the cycles by way of this risk-mitigating diversification strategy. The Fund has direct property holdings as well as indirect property investments, through equity investments in property owning companies with specialist third-party co-investors. In South Africa, the Fund owns a direct portfolio of properties diversified across the retail, industrial, office and residential sectors, which it segregates between …
What the weekly tape is saying
EMI closed the latest completed week at 1,490 ZAC. The 4-week return is 3.2% and the 12-week return is 21.0%. Trend Signal is active, Market Dynamics is 0.76. Setup signature: Leadership continuation with a 84/100 composite read.
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.
Scoreboard
16-week signal tape
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 map
- Trend Line
- 1,385 ZAC
- Vs Trend Line
- 7.6%
- Fair Value
- 1,085 ZAC
- Vs Fair Value
- 37.4%
- 52W High
- 1,577 ZAC
- 52W Low
- 1,026 ZAC
- Drawdown
- -5.5%
- Range Position
- 84.2%
Returns and trend persistence
Return windows separate the latest week from short-term and medium-term follow-through.
Return windows
Trend read
- Active Streak
- 47 weeks
- 52W Active Weeks
- 47
- 52W Active Breadth
- 90.4%
- Sector Scope
- ZA Real Estate
- Sector Rank
- 11 of 37
- Sector Percentile
- 72.2%
Sector and industry pulse
Peer breadth helps separate a stock-specific move from a broader group rotation.
ZA Real Estate
- Tracked Peers
- 37
- 4W Rank
- 14 of 37
- Avg 1W
- 0.6%
- Avg 4W
- 1022.3%
- Trend Breadth
- 45.9%
- Positive MD
- 43.2%
ZA Reit - Diversified
- Tracked Peers
- 11
- 4W Rank
- 2 of 11
- Avg 1W
- 0.7%
- Avg 4W
- 0.7%
- Trend Breadth
- 63.6%
- Positive RS
- 81.8%
Pressure, Relative Strength, and expectation
Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.
Dynamics path
Signal state
- Market Dynamics
- 0.76
- 4W MD Change
- 32.0%
- Relative Strength
- 13.25
- 4W RS Change
- 172.2%
- Expectation
- Undecided
- Probability
- 53.23%
Participation and confirmation
Volume tells us whether the latest weekly move is being confirmed by unusual participation.
52-week volume profile
Volume map
- Latest Volume
- 3.9M
- 13W Average
- 1.2M
- 52W Average
- 1.3M
- Vs 13W
- 3.2x
- Vs 52W
- 3.0x
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
Risk map
- 13W Volatility
- 5.0%
- 52W Volatility
- 3.7%
- Upside Weeks
- 31
- Downside Weeks
- 21
- Downside Breadth
- 40.4%
- Avg Gain / Loss
- 2.9% / -2.7%
Classification, opportunities, risks, and watch points
Top-level read across company classification, constructive evidence, caution points, and the next things that matter.
Classification
- Exchange
- JNB
- Country
- ZA
- Sector
- Real Estate
- Industry
- Reit - Diversified
- Currency
- ZAC
- Market Cap
- 6.9B
Opportunity signals
- Trend Signal is active with a 47-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.
- Volume is elevated versus the 13-week average, confirming attention.
Risk signals
- Recent volatility is running well above the one-year baseline.
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.
Recent completed weeks
The latest weekly rows behind the report snapshot.
| Week | Close | Return | Trend | Fair Value | MD | RS | Volume | Signal |
|---|---|---|---|---|---|---|---|---|
| 5 Jun 2026 | 1,490 ZAC | 2.6% | 1,385 ZAC | 1,085 ZAC | 0.76 | 13.25 | 3.9M | On |
| 29 May 2026 | 1,452 ZAC | -4.8% | 1,380 ZAC | 1,081 ZAC | 0.67 | 7.43 | 358.5K | On |
| 22 May 2026 | 1,526 ZAC | 0.1% | 1,377 ZAC | 1,077 ZAC | 0.72 | 14.54 | 660.4K | On |
| 15 May 2026 | 1,524 ZAC | 5.5% | 1,370 ZAC | 1,073 ZAC | 0.54 | 13.52 | 714.6K | On |
| 8 May 2026 | 1,444 ZAC | 1.7% | 1,362 ZAC | 1,070 ZAC | 0.57 | 4.87 | 1.3M | On |
| 1 May 2026 | 1,420 ZAC | 2.2% | 1,358 ZAC | 1,067 ZAC | 0.51 | 5.74 | 1.1M | On |
| 24 Apr 2026 | 1,390 ZAC | -4.9% | 1,353 ZAC | 1,064 ZAC | 0.26 | 2.49 | 891.1K | On |
| 17 Apr 2026 | 1,462 ZAC | -0.5% | 1,346 ZAC | 1,062 ZAC | 0.06 | 3.68 | 1.4M | On |
| 10 Apr 2026 | 1,469 ZAC | 9.4% | 1,337 ZAC | 1,059 ZAC | -0.31 | 6.20 | 490.1K | On |
| 3 Apr 2026 | 1,343 ZAC | -0.5% | 1,329 ZAC | 1,056 ZAC | -0.72 | -0.29 | 1.4M | On |
| 27 Mar 2026 | 1,350 ZAC | 1.3% | 1,323 ZAC | 1,054 ZAC | -0.78 | 4.00 | 594.9K | On |
| 20 Mar 2026 | 1,333 ZAC | 8.3% | 1,318 ZAC | 1,051 ZAC | -0.80 | 4.28 | 1.7M | On |
| 13 Mar 2026 | 1,231 ZAC | -9.4% | 1,313 ZAC | 1,049 ZAC | -0.84 | -7.73 | 1.4M | On |
| 6 Mar 2026 | 1,358 ZAC | -1.7% | 1,312 ZAC | 1,048 ZAC | -0.70 | 0.01 | 783.4K | On |