COMPANY RESEARCH
"NEWAG" SPÓŁKA AKCYJNA
NWG.WA · Poland · Industrials · Railroads
INSIDER SIGNAL
Insider activity score：50.6 / 100
This is a ranking under the current European screening rules—not a probability of gain, return forecast, or buy recommendation.
BULL VS BEAR
Two readings of this buying
The same filings, read two ways. Each line is a fact stored for this company with the number behind it, and appears only when that number crosses a fixed threshold. Neither side is a forecast and no winner is declared.
Where the evidence comes from
Independent evidence does not object: the purchases themselves carry bull lines (bought in the last two weeks); share price and trading, short sellers, company results were checked and none crosses a bear threshold. No data is held for: company actions.
- The insider purchases themselvesBullbought in the last two weeks Bearone buyer only, small purchases1 checked, under the threshold
- Share price and trading2 checked, under the threshold
- Short sellers1 checked, under the threshold
- Company results1 checked, under the threshold · 1 missing
- Company actionsno data held
Bull case · the buying is informative
- The latest purchase is 3 days old (2026-10-16). The buying is current, not left over from an earlier quarter.
Bear case · discount it
- Only one insider bought. A single purchase can reflect that person's own finances rather than a view on the company.Record: after 4,719 earlier disclosures like this, the median 60-session excess return was −2.8%, within 1 percentage point of all comparable disclosures (−3.3%).
- Net purchases of €10k are <0.01% of the company's market value (€1.0bn): a visible sum, a small one against the business.
Evidence still missing
- Only one reading of profitability is held (profit margin 16%). Whether earnings and cash flow are rising or falling needs the last two reports side by side.
Checked and under the threshold: 5
- BearNo insider sale is recorded in the same 180 days.
- BearThe share price changed −15% over six months (three months +13%, one month −1.6%) and stands 23% below its 52-week high. Counted for the bear side from a fall of 20%.
- BearOver three months the share price changed +13% and the median of 471 Industrials companies changed +<0.01%: ahead by 13 points. Counted for the bear side from 20 points behind.
- BearThe register of KNF shows no published net short position in this company. Positions under 0.5% are never published, so this does not show that nobody is short.
- BearProfit margin on the latest captured figures is 16%. Counted for the bear side when negative.
Both columns arrange stored facts only. They do not change the insider score or the ranking and are not investment advice.
Signal history
50.6 / 100
Latest recorded score
→ +0.0 ptssince the first recorded snapshot on 2026-10-19; 0 calendar days observed
- Recorded snapshots
- 1
- First snapshot
- 2026-10-19
There is not yet a 30-calendar-day comparison; earlier scores are not reconstructed. These are raw signal scores saved when each full scoring run completed. They describe changes in research ranking, not price performance or returns.
Why did it change?
Less than 30 days of comparable history is available, so factor movement is not yet decomposed.
Signal score history
Fixed 0–100 scale; dates are spaced by calendar time.
Recent recorded points
- 50.6
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-10-19 | 50.6 |
Why this score? · Model details
Priority = 100 × Σ(fixed weight × 0–1 rule-based input)
| Factor | Weight | This company input | Point contribution |
|---|---|---|---|
| 15-day buyer breadth (count) | 35% | 0.300 | 10.5 |
| Qualified-buy size | 25% | 0.600 | 15.0 |
| Role informativeness (inverted) | 20% | 0.350 | 7.0 |
| Recency | 10% | 0.812 | 8.1 |
| Buy/sell conviction | 10% | 1.000 | 10.0 |
This is a heuristic ordering under the current rules, not a calibrated return forecast. It explains why candidates rank differently; the public-filing evidence and data limits are shown below.
Why there is no buy signal
No qualifying open-market purchase disclosure is available in the current research window. This is not a sell signal.
The underlying disclosures remain available below for audit.
Sector context
- Buying breadth
- 7.7% (81 / 1,049 issuers)
- Sector rank
- #8 / 12
- 7D breadth change
- -0.1 pp · vs 2026-10-12 (7d)
- 30D breadth change
- History building
This is sector-level research context. It does not affect the Insider Signal or ranking.
Insider profile outcomes
Historical performance following insider filings. The company role is translated below each name while preserving the original title.
- Excess return = stock return − WIG20 total-return ETF proxy return over the same period.
- Hit rate = completed events with positive excess return ÷ total completed events.
- Price coverage = valid point-in-time prices ÷ events mature enough for that period.
- Returns start on the first shared trading session on or after publication.
- Small-sample rule: n<5 is shown for transparency and is not scored.
Events are disclosure-level observations; related disclosures published on the same date may share a return path and may not be statistically independent. This research enrichment does not affect the insider score or ranking.
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 37.7%
- Beta
- 0.97
- Avg daily volume
- PLN 2.2M
VALUATION
- Market cap
- PLN 4.5B
- P/E
- 10.3×
FUNDAMENTALS
- Profit margin
- 16.1%
- ROE
- 40.5%
- Industry
- Railroads
Prices to 19 Oct 2026: OpenBB/yfinance. From OpenBB/yfinance, captured 19 Oct 2026: Market cap, P/E, Profit margin, ROE, Beta, Industry. It does not affect the insider score or rank.
Disclosed net short positions
The KNF register, read 19 Oct 2026, publishes no net short position of 0.5% or more in this issuer. Positions below 0.5% are never published, so this is not evidence that nobody is short.
Short-position disclosures are external context; they do not affect the insider score, ranking, or filing eligibility.
Insiders' buying price vs the latest close
No qualifying purchase was filed in this period.
Buying size vs market trading
No daily prices and volumes have been captured for this stock yet.
Insider timeline
The current window holds no filing with a trade date.
Insider vs stock price
No daily prices and volumes have been captured for this stock yet.
Latest news
News capture status: ok. Articles were retained for audit but none met the reader threshold.
Regulatory filings
The filing records held for this company carry no link to the original notice.
Filing evidence
These are underlying national-feed records from the 365-day window ending on the saved ranking snapshot. The score uses only the latest 180 days; older qualifying equity purchases remain visible for audit but do not enter the current score. The original filer, role, transaction classification, instrument, price, volume, value and source fields are retained. The first three rows are shown; remaining records can be unfolded for audit. Other transaction types are retained but excluded from the score.
Excluded transactions & classification
The underlying filing feed is unavailable in this snapshot; this is not a claim that no filings exist.
Other disclosed transactions · excluded from score
The underlying filing feed is unavailable in this snapshot; this is not a claim that no filings exist.
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Snapshot & identity
- Snapshot date
- 2026-10-19
- Ticker
- NWG.WA
- ISIN
- PLNEWAG00012
- Sector
- Industrials
- Industry
- Railroads