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

Assessment - MerVal in Pound sterling - 7/01/24 - RS = 27

		⇓instrument	freshest		⇓ Δday	7/01/24	⇓ Δwk	12/25/23	prc diff	⇓ Δ27	∅-RS
		Merval	1,376.285	8/12/24	0.32	1,381.326	-0.36	928.641	452.685	48.75	9.04
		Banco Macro	5.786	8/12/24	0.91	6.258	-7.54	2.820	3.438	121.90	46.09
		Supervielle	1.537	8/12/24	1.14	1.497	2.69	0.827	0.670	80.99	47.11
		Gr Fin Galicia	3.612	8/12/24	0.48	3.423	5.52	1.719	1.704	99.08	30.15
		BBVA Banco Francés	3.486	8/12/24	0.75	3.441	1.32	1.816	1.625	89.51	24.14
	L	TGN	2.525	8/12/24	-1.19	2.567	-1.64	1.663	0.904	54.36	25.68
	L	Comercial del Plata	0.206	8/12/24	4.28	0.168	22.39	0.071	0.097	136.38	55.47
		Transener	1.464	8/12/24	-3.43	1.499	-2.34	1.148	0.350	30.51	25.64
		Bolsas y Mercados	0.249	8/12/24		0.304	-18.09	0.175	0.129	74.16	26.96
	L	TGS	4.366	8/12/24	0.20	4.394	-0.65	2.869	1.525	53.17	16.99
		YPF	23.798	8/12/24	1.85	23.725	0.31	16.514	7.211	43.67	7.03
		Banco de Valores	0.295	8/12/24	-0.15	0.304	-2.71	0.222	0.082	36.75	9.43
		Central Puerto	1.018	8/12/24	1.73	1.056	-3.66	0.903	0.154	17.05	-2.34
	L	Mirgor	16.328	8/12/24	-1.57	16.888	-3.32	10.448	6.440	61.63	0.66
		IRSA	1.104	8/12/24	0.39	1.032	7.01	0.805	0.227	28.22	-10.39
		Telecom Argentina	1.568	8/12/24	-0.82	1.680	-6.70	1.465	0.215	14.67	-8.43
		Edenor	0.948	8/12/24	-0.90	0.927	2.34	0.919	0.008	0.87	-13.73
		Pampa Energía	2.295	8/12/24	0.57	2.100	9.31	1.908	0.192	10.04	-10.81
		Loma Negra	1.516	8/12/24	-2.23	1.608	-5.75	1.293	0.316	24.42	-10.94
		Cresud	0.875	8/12/24	-1.94	0.960	-8.91	0.912	0.049	5.32	-14.97
		Ternium Argentina	0.767	8/12/24	-2.32	0.880	-12.80	0.828	0.052	6.31	-17.32
		Aluar	0.802	8/12/24	-2.73	0.879	-8.72	0.922	-0.043	-4.67	-20.28
MerVal - 21 out of 21 instruments rated - 7/01/24 / 12/25/23 - 20 did rise, Market-Ratio(27) in GBP = 95.24 %
Stock Exchange Currency: ARS $ Argentine peso

Technical Chart

	MerVal RS = 27 - B/S = 40/40

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

Transactions MerVal in Pound sterling * S27 - 40 ex 3 (1)

													⇐
L/S	date buy	date sell	days		instrument	spl	pieces	prc buy	prc sell	ps short	prc diff	d %	asset	yield
1/02/06		5/01/06	119		- cash -
short	5/01/06	7/31/06	91		Comercial del Plata	100	135,358	0.074	0.056	0.098	0.024	32	13,238	208
7/31/06		9/04/06	35		- cash -
	9/04/06	9/18/06	14		Comercial del Plata	100	243,835	0.054	0.053	0.055	0.001	2	13,508	69
9/18/06		8/20/07	336		- cash -
	8/20/07	9/03/07	14		YPF	100	759	17.790	19.596	15.984	-1.806	-10	12,138	-94
9/03/07		12/03/07	91		- cash -
	12/03/07	1/21/08	49		Banco Macro	100	9,900	1.226	1.215	1.237	0.011	1	12,249	7
	1/21/08	2/11/08	21		Gr Fin Galicia	100	38,332	0.320	0.354	0.285	-0.035	-11	10,913	-87
	2/11/08	5/26/08	105		TGS	100	22,343	0.488	0.474	0.503	0.015	3	11,239	11
	5/26/08	6/16/08	21		BBVA Banco Francés	100	10,893	1.032	0.953	1.116	0.085	8	12,161	294
	6/16/08	12/01/08	168		Edenor	100	35,452	0.343	0.146	0.804	0.461	134	28,493	536
	12/01/08	4/27/09	147		Mirgor	100	22,753	1.252	1.287	1.218	-0.034	-3	27,711	-7
4/27/09		5/30/11	763		- cash -
	5/30/11	12/19/11	203		Banco Macro	100	13,449	2.060	1.404	3.023	0.963	47	40,658	99
	12/19/11	2/13/12	56		Gr Fin Galicia	100	93,671	0.434	0.527	0.341	-0.093	-21	31,923	-79
	2/13/12	3/26/12	42		Aluar	100	77,219	0.413	0.384	0.445	0.032	8	34,393	91
3/26/12		4/02/12	7		- cash -
	4/02/12	4/09/12	7		Edenor	100	246,210	0.140	0.140	0.140	0.000	0	34,420	4
4/09/12		4/16/12	7		- cash -
	4/16/12	10/08/12	175		Edenor	100	256,587	0.134	0.094	0.192	0.058	43	49,316	112
	10/08/12	11/26/12	49		Pampa Energía	100	402,055	0.123	0.107	0.141	0.018	15	56,690	182
11/26/12		12/03/12	7		- cash -
	12/03/12	12/10/12	7		Pampa Energía	100	529,061	0.107	0.104	0.110	0.003	3	58,408	375
12/10/12		8/05/13	238		- cash -
	8/05/13	8/12/13	7		Comercial del Plata	100	1,045,676	0.056	0.058	0.054	-0.002	-3	56,571	-81
8/12/13		9/21/15	770		- cash -
	9/21/15	10/26/15	35		YPF	100	3,198	17.688	18.536	16.839	-0.849	-5	53,856	-40
10/26/15		5/09/16	196		- cash -
	5/09/16	5/23/16	14		Cresud	100	76,629	0.703	0.796	0.610	-0.093	-13	46,706	-98
	5/23/16	6/06/16	14		Comercial del Plata	100	331,881	0.141	0.138	0.143	0.003	2	47,559	60
6/06/16		9/05/16	91		- cash -
	9/05/16	9/12/16	7		Comercial del Plata	100	311,733	0.153	0.152	0.153	0.000	0	47,602	5
9/12/16		6/18/18	644		- cash -
	6/18/18	6/25/18	7		Supervielle	100	23,632	2.014	1.868	2.172	0.158	8	51,337	5,039
6/25/18		7/02/18	7		- cash -
	7/02/18	9/24/18	84		Mirgor	100	6,104	8.410	8.113	8.717	0.307	4	53,212	17
9/24/18		10/08/18	14		- cash -
	10/08/18	11/05/18	28		Supervielle	100	46,988	1.132	1.357	0.908	-0.224	-20	42,684	-94
11/05/18		11/26/18	21		- cash -
	11/26/18	12/03/18	7		Mirgor	100	7,009	6.090	7.012	5.167	-0.923	-15	36,218	-100
L/S	date buy	date sell	days		instrument	spl	pieces	prc buy	prc sell	ps short	prc diff	d %	asset	yield
12/03/18		12/17/18	14		- cash -
	12/17/18	12/24/18	7		Mirgor	100	5,397	6.710	6.323	7.119	0.410	6	38,429	2,099
12/24/18		3/25/19	91		- cash -
	3/25/19	5/06/19	42		Supervielle	100	38,314	1.003	0.888	1.134	0.130	13	43,429	189
5/06/19		5/13/19	7		- cash -
	5/13/19	5/20/19	7		Supervielle	100	54,056	0.803	0.864	0.743	-0.061	-8	40,159	-98
5/20/19		6/10/19	21		- cash -
	6/10/19	6/17/19	7		IRSA	100	54,411	0.738	0.810	0.666	-0.072	-10	36,221	-100
6/17/19		8/12/19	56		- cash -
	8/12/19	9/30/19	49		Comercial del Plata	100	1,039,995	0.035	0.023	0.053	0.018	53	55,432	2,280
	9/30/19	10/28/19	28		Transener	100	187,345	0.296	0.252	0.347	0.051	17	65,046	704
10/28/19		11/11/19	14		- cash -
	11/11/19	12/09/19	28		Edenor	100	266,537	0.244	0.266	0.222	-0.022	-9	59,278	-70
12/09/19		2/10/20	63		- cash -
	2/10/20	2/17/20	7		TGN	100	124,110	0.478	0.425	0.537	0.059	12	66,660	45,377
2/17/20		3/23/20	35		- cash -
	3/23/20	4/27/20	35		TGN	100	230,898	0.289	0.266	0.313	0.025	9	72,364	135
4/27/20		4/26/21	364		- cash -
	4/26/21	5/10/21	14		Telecom Argentina	100	67,186	1.077	1.093	1.061	-0.016	-2	71,278	-33
5/10/21		5/09/22	364		- cash -
	5/09/22	5/30/22	21		Supervielle	100	151,402	0.471	0.516	0.426	-0.045	-10	64,422	-83
5/30/22		12/06/25	1286		- cash -
accum	5/01/06	5/30/22	1617	days out of 7278 invested (22%)							544		64,422	52

Instrument Related Contribution

instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %	total
Edenor	short	6/16/08	12/01/08	168	0.34	0.15	0.80	0.46	134.29
		4/02/12	4/09/12	7	0.14	0.14	0.14	0.00	0.08
		4/16/12	10/08/12	175	0.13	0.09	0.19	0.06	43.28
		11/11/19	12/09/19	28	0.24	0.27	0.22	-0.02	-8.87	206.16
Comercial del Plata		5/01/06	7/31/06	91	0.07	0.06	0.10	0.02	32.38
		9/04/06	9/18/06	14	0.05	0.05	0.06	0.00	2.04
		8/05/13	8/12/13	7	0.06	0.06	0.05	-0.00	-3.15
		5/23/16	6/06/16	14	0.14	0.14	0.14	0.00	1.83
		9/05/16	9/12/16	7	0.15	0.15	0.15	0.00	0.09
		8/12/19	9/30/19	49	0.03	0.02	0.05	0.02	53.04	104.07
Banco Macro		12/03/07	1/21/08	49	1.23	1.21	1.24	0.01	0.91
		5/30/11	12/19/11	203	2.06	1.40	3.02	0.96	46.72	48.06
TGN		2/10/20	2/17/20	7	0.48	0.42	0.54	0.06	12.45
		3/23/20	4/27/20	35	0.29	0.27	0.31	0.02	8.56	22.08
Pampa Energía		10/08/12	11/26/12	49	0.12	0.11	0.14	0.02	14.95
		12/03/12	12/10/12	7	0.11	0.10	0.11	0.00	3.03	18.44
Transener		9/30/19	10/28/19	28	0.30	0.25	0.35	0.05	17.34	17.34
BBVA Banco Francés		5/26/08	6/16/08	21	1.03	0.95	1.12	0.08	8.21	8.21
Aluar		2/13/12	3/26/12	42	0.41	0.38	0.45	0.03	7.74	7.74
TGS		2/11/08	5/26/08	105	0.49	0.47	0.50	0.01	2.98	2.98
Telecom Argentina		4/26/21	5/10/21	14	1.08	1.09	1.06	-0.02	-1.50	-1.50
Mirgor		12/01/08	4/27/09	147	1.25	1.29	1.22	-0.03	-2.74
		7/02/18	9/24/18	84	8.41	8.11	8.72	0.31	3.65
		11/26/18	12/03/18	7	6.09	7.01	5.17	-0.92	-15.15
		12/17/18	12/24/18	7	6.71	6.32	7.12	0.41	6.11	-9.24
instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %	total
IRSA		6/10/19	6/17/19	7	0.74	0.81	0.67	-0.07	-9.80	-9.80
Cresud		5/09/16	5/23/16	14	0.70	0.80	0.61	-0.09	-13.28	-13.28
YPF		8/20/07	9/03/07	14	17.79	19.60	15.98	-1.81	-10.15
		9/21/15	10/26/15	35	17.69	18.54	16.84	-0.85	-4.80	-14.46
Supervielle		6/18/18	6/25/18	7	2.01	1.87	2.17	0.16	7.85
		10/08/18	11/05/18	28	1.13	1.36	0.91	-0.22	-19.79
		3/25/19	5/06/19	42	1.00	0.89	1.13	0.13	13.01
		5/13/19	5/20/19	7	0.80	0.86	0.74	-0.06	-7.53
		5/09/22	5/30/22	21	0.47	0.52	0.43	-0.05	-9.62	-18.29
Gr Fin Galicia		1/21/08	2/11/08	21	0.32	0.35	0.28	-0.03	-10.90
		12/19/11	2/13/12	56	0.43	0.53	0.34	-0.09	-21.48	-30.05

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)


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