Share-o-matic - Assessment MerVal - best long exchanging

Assessment - MerVal in Pound sterling - 7/01/24 - RS = 35

		⇓instrument	freshest		⇓ Δday	7/01/24	⇓ Δwk	10/30/23	prc diff	⇓ Δ35	∅-RS
		Merval	1,376.285	8/12/24	0.32	1,381.326	-0.36	1,390.861	-9.535	-0.69	9.04
		Banco Macro	5.786	8/12/24	0.91	6.258	-7.54	3.505	2.753	78.54	46.09
		Supervielle	1.537	8/12/24	1.14	1.497	2.69	0.721	0.777	107.78	47.11
		Gr Fin Galicia	3.612	8/12/24	0.48	3.423	5.52	2.236	1.187	53.09	30.15
		BBVA Banco Francés	3.486	8/12/24	0.75	3.441	1.32	2.542	0.899	35.36	24.14
	L	TGN	2.525	8/12/24	-1.19	2.567	-1.64	1.917	0.650	33.91	25.68
	L	Comercial del Plata	0.206	8/12/24	4.28	0.168	22.39	0.109	0.059	53.93	55.47
		Transener	1.464	8/12/24	-3.43	1.499	-2.34	1.120	0.379	33.82	25.64
		Bolsas y Mercados	0.249	8/12/24		0.304	-18.09	0.242	0.062	25.45	26.96
	L	TGS	4.366	8/12/24	0.20	4.394	-0.65	4.186	0.209	4.98	16.99
		YPF	23.798	8/12/24	1.85	23.725	0.31	20.875	2.850	13.65	7.03
		Banco de Valores	0.295	8/12/24	-0.15	0.304	-2.71	0.292	0.012	3.95	9.43
		Central Puerto	1.018	8/12/24	1.73	1.056	-3.66	1.151	-0.094	-8.20	-2.34
	L	Mirgor	16.328	8/12/24	-1.57	16.888	-3.32	21.724	-4.836	-22.26	0.66
		IRSA	1.104	8/12/24	0.39	1.032	7.01	1.246	-0.214	-17.18	-10.39
		Telecom Argentina	1.568	8/12/24	-0.82	1.680	-6.70	2.150	-0.469	-21.84	-8.43
		Edenor	0.948	8/12/24	-0.90	0.927	2.34	1.081	-0.155	-14.29	-13.73
		Pampa Energía	2.295	8/12/24	0.57	2.100	9.31	2.994	-0.894	-29.85	-10.81
		Loma Negra	1.516	8/12/24	-2.23	1.608	-5.75	2.329	-0.721	-30.94	-10.94
		Cresud	0.875	8/12/24	-1.94	0.960	-8.91	1.445	-0.484	-33.52	-14.97
		Ternium Argentina	0.767	8/12/24	-2.32	0.880	-12.80	1.776	-0.896	-50.45	-17.32
		Aluar	0.802	8/12/24	-2.73	0.879	-8.72	2.097	-1.218	-58.09	-20.28
MerVal - 21 out of 21 instruments rated - 7/01/24 / 10/30/23 - 11 did rise, Market-Ratio(35) in GBP = 52.38 %
Stock Exchange Currency: ARS $ Argentine peso

Technical Chart

	MerVal RS = 35 - B/S = 46/46

1/04/21	scale up chart	7/01/24

Transactions MerVal in Pound sterling * L35 - 46 ex 5 (1)

												⇐
L/S	date buy	date sell	days		instrument	spl	pieces	prc buy	prc sell	prc diff	d %	asset	yield
long	1/02/06	5/29/06	147		Banco Macro	100	9,266	1.079	1.172	0.093	9	10,859	23
5/29/06		7/31/06	63		- cash -
	7/31/06	8/07/06	7		Mirgor	100	6,225	1.744	1.674	-0.070	-4	10,421	-88
8/07/06		8/14/06	7		- cash -
	8/14/06	9/04/06	21		Mirgor	100	5,992	1.739	1.697	-0.042	-2	10,167	-35
9/04/06		9/11/06	7		- cash -
	9/11/06	3/19/07	189		Mirgor	100	6,120	1.661	2.462	0.800	48	15,065	114
	3/19/07	7/16/07	119		Telecom Argentina	100	6,602	2.282	2.257	-0.025	-1	14,900	-3
	7/16/07	9/10/07	56		Pampa Energía	100	31,571	0.472	0.407	-0.064	-14	12,865	-62
9/10/07		9/17/07	7		- cash -
	9/17/07	12/10/07	84		Aluar	100	13,243	0.971	0.958	-0.013	-1	12,694	-6
12/10/07		6/08/09	546		- cash -
	6/08/09	6/22/09	14		BBVA Banco Francés	100	13,104	0.969	0.834	-0.135	-14	10,924	-98
	6/22/09	8/17/09	56		Comercial del Plata	100	133,867	0.082	0.077	-0.005	-6	10,322	-31
	8/17/09	8/31/09	14		Mirgor	100	3,991	2.586	2.334	-0.252	-10	9,315	-93
	8/31/09	3/29/10	210		Banco Macro	100	6,760	1.378	1.962	0.584	42	13,264	85
	3/29/10	5/24/10	56		Mirgor	100	2,734	4.850	3.651	-1.199	-25	9,986	-84
	5/24/10	7/19/10	56		IRSA	100	12,290	0.812	0.740	-0.073	-9	9,090	-46
	7/19/10	11/22/10	126		Banco Macro	100	3,930	2.312	3.061	0.749	32	12,032	125
	11/22/10	7/25/11	245		Gr Fin Galicia	100	12,142	0.991	0.895	-0.096	-10	10,864	-14
7/25/11		12/24/12	518		- cash -
	12/24/12	2/04/13	42		Gr Fin Galicia	100	19,105	0.569	0.597	0.028	5	11,400	52
	2/04/13	6/10/13	126		TGN	100	97,300	0.117	0.091	-0.026	-23	8,830	-52
	6/10/13	9/09/13	91		Mirgor	100	1,922	4.594	4.466	-0.128	-3	8,583	-11
	9/09/13	9/23/13	14		Telecom Argentina	100	2,189	3.920	3.847	-0.073	-2	8,424	-39
	9/23/13	12/01/14	434		Edenor	100	46,164	0.182	0.518	0.335	184	23,907	140
	12/01/14	6/01/15	182		Aluar	100	40,612	0.589	0.649	0.060	10	26,355	22
6/01/15		6/08/15	7		- cash -
	6/08/15	9/14/15	98		Comercial del Plata	100	120,128	0.219	0.204	-0.015	-7	24,549	-23
	9/14/15	2/29/16	168		Pampa Energía	100	38,561	0.637	0.648	0.011	2	24,983	4
	2/29/16	11/14/16	259		Mirgor	100	1,795	13.914	19.828	5.914	43	35,599	65
	11/14/16	6/05/17	203		Edenor	100	34,233	1.040	1.241	0.201	19	42,485	37
L/S	date buy	date sell	days		instrument	spl	pieces	prc buy	prc sell	prc diff	d %	asset	yield
	6/05/17	4/09/18	308		TGN	100	26,017	1.633	2.369	0.736	45	61,645	55
	4/09/18	7/02/18	84		Edenor	100	30,428	2.026	1.193	-0.833	-41	36,312	-90
7/02/18		7/23/18	21		- cash -
	7/23/18	8/13/18	21		Aluar	100	62,495	0.581	0.502	-0.079	-14	31,399	-92
8/13/18		12/03/18	112		- cash -
	12/03/18	12/10/18	7		TGS	100	12,981	2.419	2.402	-0.017	-1	31,179	-31
12/10/18		1/07/19	28		- cash -
	1/07/19	4/22/19	105		TGS	100	13,136	2.374	1.628	-0.745	-31	21,390	-73
	4/22/19	5/13/19	21		Loma Negra	100	12,110	1.766	1.548	-0.218	-12	18,746	-90
5/13/19		6/10/19	28		- cash -
	6/10/19	8/19/19	70		Banco Macro	100	4,118	4.552	3.265	-1.286	-28	13,450	-82
8/19/19		11/04/19	77		- cash -
	11/04/19	11/11/19	7		Aluar	100	27,620	0.487	0.425	-0.062	-13	11,733	-100
11/11/19		12/09/19	28		- cash -
	12/09/19	2/17/20	70		Mirgor	100	1,552	7.558	9.806	2.248	30	15,223	289
2/17/20		4/20/20	63		- cash -
	4/20/20	9/21/20	154		Ternium Argentina	100	51,522	0.295	0.366	0.071	24	18,868	66
9/21/20		9/28/20	7		- cash -
	9/28/20	3/29/21	182		Mirgor	100	1,573	11.989	12.469	0.480	4	19,624	8
3/29/21		5/10/21	42		- cash -
	5/10/21	8/23/21	105		Cresud	100	24,842	0.790	0.723	-0.067	-8	17,957	-27
	8/23/21	9/20/21	28		Ternium Argentina	100	26,589	0.675	0.696	0.021	3	18,516	49
	9/20/21	11/08/21	49		Mirgor	100	777	23.800	27.973	4.173	18	21,758	233
	11/08/21	1/17/22	70		Transener	100	43,515	0.500	0.368	-0.132	-26	16,027	-80
	1/17/22	6/27/22	161		Comercial del Plata	100	353,942	0.045	0.068	0.022	49	23,901	147
6/27/22		7/11/22	14		- cash -
	7/11/22	11/21/22	133		Comercial del Plata	100	257,530	0.093	0.086	-0.007	-8	22,093	-19
	11/21/22	9/18/23	301		YPF	100	1,713	12.894	22.228	9.333	72	38,081	94
	9/18/23	12/25/23	98		Aluar	100	25,235	1.509	0.922	-0.587	-39	23,262	-84
	12/25/23	4/22/24	119		Transener	100	20,255	1.148	1.141	-0.007	-1	23,114	-2
	4/22/24	8/12/24	112		Banco Macro	100	4,426	5.221	5.786	0.565	11	25,613	40
accum	1/02/06	8/12/24	5703	days out of 7278 invested (78%)						156		25,613	6

Instrument Related Contribution

instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	total
Mirgor	long	7/31/06	8/07/06	7	1.74	1.67	-0.07	-4.03
		8/14/06	9/04/06	21	1.74	1.70	-0.04	-2.44
		9/11/06	3/19/07	189	1.66	2.46	0.80	48.17
		8/17/09	8/31/09	14	2.59	2.33	-0.25	-9.76
		3/29/10	5/24/10	56	4.85	3.65	-1.20	-24.72
		6/10/13	9/09/13	91	4.59	4.47	-0.13	-2.79
		2/29/16	11/14/16	259	13.91	19.83	5.91	42.51
		12/09/19	2/17/20	70	7.56	9.81	2.25	29.75
		9/28/20	3/29/21	182	11.99	12.47	0.48	4.00
		9/20/21	11/08/21	49	23.80	27.97	4.17	17.53	107.07
Edenor		9/23/13	12/01/14	434	0.18	0.52	0.34	183.81
		11/14/16	6/05/17	203	1.04	1.24	0.20	19.34
		4/09/18	7/02/18	84	2.03	1.19	-0.83	-41.10	99.51
YPF		11/21/22	9/18/23	301	12.89	22.23	9.33	72.38	72.38
Banco Macro		1/02/06	5/29/06	147	1.08	1.17	0.09	8.59
		8/31/09	3/29/10	210	1.38	1.96	0.58	42.40
		7/19/10	11/22/10	126	2.31	3.06	0.75	32.38
		6/10/19	8/19/19	70	4.55	3.27	-1.29	-28.26
		4/22/24	8/12/24	112	5.22	5.79	0.56	10.81	62.74
Ternium Argentina		4/20/20	9/21/20	154	0.30	0.37	0.07	23.95
		8/23/21	9/20/21	28	0.68	0.70	0.02	3.11	27.80
Comercial del Plata		6/22/09	8/17/09	56	0.08	0.08	-0.00	-5.52
		6/08/15	9/14/15	98	0.22	0.20	-0.02	-6.85
		1/17/22	6/27/22	161	0.05	0.07	0.02	49.13
		7/11/22	11/21/22	133	0.09	0.09	-0.01	-7.56	21.32
instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	total
TGN		2/04/13	6/10/13	126	0.12	0.09	-0.03	-22.54
		6/05/17	4/09/18	308	1.63	2.37	0.74	45.10	12.39
Telecom Argentina		3/19/07	7/16/07	119	2.28	2.26	-0.02	-1.09
		9/09/13	9/23/13	14	3.92	3.85	-0.07	-1.86	-2.93
Gr Fin Galicia		11/22/10	7/25/11	245	0.99	0.89	-0.10	-9.71
		12/24/12	2/04/13	42	0.57	0.60	0.03	4.93	-5.25
Cresud		5/10/21	8/23/21	105	0.79	0.72	-0.07	-8.49	-8.49
IRSA		5/24/10	7/19/10	56	0.81	0.74	-0.07	-8.98	-8.98
Pampa Energía		7/16/07	9/10/07	56	0.47	0.41	-0.06	-13.66
		9/14/15	2/29/16	168	0.64	0.65	0.01	1.77	-12.14
Loma Negra		4/22/19	5/13/19	21	1.77	1.55	-0.22	-12.36	-12.36
BBVA Banco Francés		6/08/09	6/22/09	14	0.97	0.83	-0.14	-13.94	-13.94
Transener		11/08/21	1/17/22	70	0.50	0.37	-0.13	-26.34
		12/25/23	4/22/24	119	1.15	1.14	-0.01	-0.64	-26.81
TGS		12/03/18	12/10/18	7	2.42	2.40	-0.02	-0.70
		1/07/19	4/22/19	105	2.37	1.63	-0.75	-31.40	-31.88
Aluar		9/17/07	12/10/07	84	0.97	0.96	-0.01	-1.33
		12/01/14	6/01/15	182	0.59	0.65	0.06	10.24
		7/23/18	8/13/18	21	0.58	0.50	-0.08	-13.53
		11/04/19	11/11/19	7	0.49	0.42	-0.06	-12.76
		9/18/23	12/25/23	98	1.51	0.92	-0.59	-38.91	-49.88

Annotations

3/14/24	MerVal			Component update: IRSA comes new, Agrometal, Cablevisión and Holcim leave
10/25/16	Mirgor			stock split 1:3 (three for one)


	is taking down something concerning