NBG6 GER Week ended 31 Jul 2026

Weekly Investor Report

NÜRNBERGER Beteiligungs-AG · Financial Services · Insurance - Diversified

Open interactive chart View report data
Latest close 125.0 EUR
1.2% latest week
Weekly setup

Constructive, but selective

The weekly trend is active. Price is 4.9% above the Trend Line and sits at 94.9% of its 52-week range. The latest completed week returned 1.2%, after a 3.3% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is neither clearly cheap nor expensive. The latest news-sentiment score is 50/100. Near-term considerations: price is close to its 52-week high; volume confirmation is below normal.

Setup score 57 out of 100
Latest Close 125.0 EUR 31 Jul 2026
1W Return 1.2% latest completed week
4W Return 3.3% short-term follow-through
12W Return 5.9% quarterly tape
Trend Breadth 98.1% 51 of 52 weeks active
Volume Ratio 0.0x vs 13-week average
What is working
  • The trend backdrop is active with a 6-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 constructive, supporting the smart-money activity read.
What could go wrong
  • Activity pressure is negative, which weakens the current setup.
  • Next-week expectancy is negative at 41.25% based on similar historical setup states.
  • 1 reversal markers appear in the recent smart-money tape.
What to watch next
  • 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 1.2% Latest completed week; four-week move 3.3%. Indicator stack 75/58 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 41.25% Historical one-week expectancy contributes to the evidence score when direction is confirmed. News sentiment 50/100 3 relevant articles in the latest sentiment read.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 4.9% above the Trend Line and sits at 94.9% of its 52-week range. The latest completed week returned 1.2%, after a 3.3% four-week move.

Study the full chart

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 0.0x 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
6 Feb 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
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 0.8812-week average 0.84

12-week confirmation

Trend active11/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.88Current 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 3.3% over four weeks, 5.9% over 12 weeks, and 150.2% over one year. The current trend has remained active for 6 consecutive weeks.

Performance by holding period

1W1.2%
4W3.3%
12W5.9%
26W5.9%
52W150.2%
Active trend streak6 weeks
Active weeks in one year51
Trend breadth98.1%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-0.01Latest activity-pressure read.
Pressure change97.5%Four-week change in activity pressure.
Leadership9.47Latest relative-leadership reading.
RS change-11.1%Four-week change in relative leadership.
04 · Fundamentals and valuation

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 neither clearly cheap nor expensive.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 Dec 2025 Field coverage 67% Model confidence 55%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength53/100Blend of value, momentum, and quality. Underlying universe rank 48; rank 1 is best.
Value50/100Relative valuation strength. Underlying universe rank 51; rank 1 is best.
Quality49/100Profitability and accounting quality. Underlying universe rank 52; rank 1 is best.
Momentum50/100Medium-term price momentum. Underlying universe rank 51; rank 1 is best.
Growth54/100Revenue and earnings growth. Underlying universe rank 47; rank 1 is best.
How to read this

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
32.0x
Price divided by trailing earnings.
Price / sales
0.3x
Market value relative to trailing revenue.
EV / EBITDA
-
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
-1.8%
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
-0.3%
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
-9.0%
Latest one-year revenue growth.
EPS growth
-
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-113.3%
Latest one-year free-cash-flow growth.
Piotroski F-score
5/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
1.6%
Cash dividends relative to market value.
Buyback yield
0.0%
Net share repurchases relative to market value.
Shareholder yield
1.6%
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 3 relevant articles.

0 positive · 3 neutral · 0 negative
Patient 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-3.1%Distance below the 52-week high.
13-week volatility1.8%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher12 of 269 weeks finished lower.
Best week+4.3%Week of 26 Jun.
Worst week-3.2%Week of 1 May.
Latest week+1.2%Week of 31 Jul.

Shape of recent returns

Strong gains1
Modest gains11
Flat weeks5
Modest losses9
Sharp losses0
Recent vol1.8%13-week weekly-return volatility.
Base vol8.4%52-week weekly-return volatility.
Up/down split23/17Count of positive and negative weeks in the 52-week window.
Average skew5.4% / -1.0%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.

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 tape58/100

Trend, activity pressure, participation, and risk combine to a 58/100 tape read.

 Indicator analysis64/100

Latest 12-week confirmation: trend 11/12, activity pressure 0/12, relative leadership 12/12.

Activity pressure 0.88; 1 reversal markers Next-Week ExpectancyNegative 41.25%

Next-week expectancy is negative with a 41.25% historical one-week setup read.

Adds short-term historical context without overriding trend, activity, or relative leadership. Factors50/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 43; Small Cap Core rank 60 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Sentiment50/100

Weighted news tone is neutral across 3 relevant articles.

VIG completes NÜRNBERGER acquisition Insiders50/100

No recent insider transaction evidence is stored.

 Earnings50/100

No stored earnings event is currently attached to this ticker.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
31 Jul 2026125.0 EUR1.2%119.2 EUR72.92 EUR-0.019.472On
24 Jul 2026123.5 EUR2.5%119.0 EUR72.54 EUR-0.1711.769On
17 Jul 2026120.5 EUR0.4%118.8 EUR72.18 EUR-0.2611.62154On
10 Jul 2026120.0 EUR-0.8%118.7 EUR71.83 EUR-0.5211.493On
3 Jul 2026121.0 EUR-0.4%118.6 EUR71.46 EUR-0.4910.6516On
26 Jun 2026121.5 EUR4.3%118.5 EUR71.12 EUR-0.6717.460On
19 Jun 2026116.5 EUR-2.9%118.4 EUR70.77 EUR-0.7612.652Off
12 Jun 2026120.0 EUR1.7%118.5 EUR70.45 EUR-0.6119.0888On
5 Jun 2026118.0 EUR-1.6%118.4 EUR70.13 EUR-0.7818.021On
29 May 2026120.0 EUR1.2%118.4 EUR69.81 EUR-0.7619.88232On
22 May 2026118.5 EUR0.4%118.4 EUR69.48 EUR-0.8820.97341On
15 May 2026118.0 EUR0.0%118.3 EUR69.16 EUR-0.6626.74285On
8 May 2026118.0 EUR0.0%118.3 EUR68.85 EUR-0.4926.49136On
1 May 2026118.0 EUR-3.2%116.8 EUR68.54 EUR-0.4728.6326On
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.