Share-o-matic - Assessment Banks

Assessment - Banks - 2/24/20 - RS = 17

		⇓instrument	freshest		⇓ Δday	2/24/20	⇓ Δwk	10/28/19	prc diff	⇓ Δ17	Curr	∅-RS
		SOM Banks	178.465	10:00	-1.04	184.008	-3.01	182.145	1.863	1.02	USD	1.00
	L	UBI Banca	3.893	09:06	-1.99	3.938	-1.14	2.783	1.155	41.50	EUR	51.65
	L	Deutsche Bank	8.706	09:01	-1.74	8.940	-2.62	7.230	1.710	23.65	EUR	26.75
	L	Banco Macro	258.950	Wed	-4.76	271.900	-4.76	187.200	84.700	45.25	ARS	25.93
	L	Umweltbank	11.550	10:00	-3.35	12.550	-7.97	10.200	2.350	23.04	EUR	21.98
		ICICI Bank	523.700	Wed	-1.37	529.850	-1.16	469.100	60.750	12.95	INR	21.62
		Gentera	20.590	Wed	0.44	20.300	1.43	19.610	0.690	3.52	MXN	17.40
	L	Nordea Bank	7.499	09:29	-1.61	7.873	-4.75	6.728	1.145	17.02	EUR	16.96
	L	Banco BPM	2.121	09:06	-1.62	2.222	-4.55	2.090	0.132	6.32	EUR	16.51
	L	Nordea Bank	79.290	09:31	-1.70	83.260	-4.77	72.250	11.010	15.24	SEK	16.47
		VTB Bank	1.291	08:23	-2.20	1.340	-3.66	1.204	0.136	11.30	EUR	16.30
		Societe Generale	27.760	09:03	-2.80	29.940	-7.28	26.350	3.590	13.62	EUR	15.55
	L	Jyske Bank	245.400	09:29	-6.90	271.500	-9.61	241.000	30.500	12.66	DKK	15.20
	L	Regional	110.240	Wed	-3.42	114.200	-3.47	97.570	16.630	17.04	MXN	15.08
	L	National Bank CA	73.090	Wed	-0.46	74.180	-1.47	67.710	6.470	9.56	CAD	13.14
		JP Morgan Chase	126.640	Wed	0.30	132.160	-4.18	126.510	5.650	4.47	USD	12.46
		Banca Generali	28.960	09:05	-2.03	29.620	-2.23	28.740	0.880	3.06	EUR	12.42
		BNP Paribas	46.990	09:03	-2.54	51.200	-8.22	48.030	3.170	6.60	EUR	12.12
		Kotak Mahindra Bank	1,666.500	Wed	-0.55	1,678.250	-0.70	1,588.600	89.650	5.64	INR	11.95
	L	Commonwealth Bank	84.430	05:10	-1.08	87.990	-4.05	80.480	7.510	9.33	AUD	11.78
		Heartland	1.680	04:00	-0.59	1.830	-8.20	1.620	0.210	12.96	NZD	11.62
	L	S.E.B	96.600	09:31	-1.47	99.620	-3.03	96.140	3.480	3.62	SEK	11.34
	L	Swedbank	151.850	09:31	-1.11	156.800	-3.16	141.050	15.750	11.17	SEK	11.11
		Credit Agricole	11.705	09:03	-3.26	12.700	-7.83	12.005	0.695	5.79	EUR	10.78
		Intesa Sanpaolo	2.337	09:06	-1.87	2.377	-1.68	2.279	0.098	4.30	EUR	10.64
		⇓instrument	freshest		⇓ Δday	2/24/20	⇓ Δwk	10/28/19	prc diff	⇓ Δ17	Curr	∅-RS
	L	Ferratum	10.920	09:07	-2.50	11.200	-2.50	8.700	2.500	28.74	EUR	10.26
	L	Aozora Bank	2,834.000	06:15	-3.61	3,030.000	-6.47	2,784.000	246.000	8.84	JPY	10.14
	L	Svenska Handelsbank	102.600	09:31	-1.68	106.100	-3.30	99.440	6.660	6.70	SEK	10.12
		Unicredit	12.250	09:06	-2.41	12.640	-3.09	11.582	1.058	9.13	EUR	9.83
	L	Danske Bank	111.000	09:30	-2.46	115.000	-3.48	98.300	16.700	16.99	DKK	8.93
		Bank of America	30.630	Wed	-1.45	32.730	-6.42	31.840	0.890	2.80	USD	8.15
		KBC	64.300	09:04	-1.62	66.880	-3.86	64.700	2.180	3.37	EUR	7.99
		DNB	165.700	09:05	-1.95	171.250	-3.24	171.950	-0.700	-0.41	NOK	7.27
		American Express	118.500	Wed	-1.99	128.190	-7.56	118.580	9.610	8.10	USD	7.24
		HDFC	2,281.450	Wed	-0.92	2,292.300	-0.47	2,101.550	190.750	9.08	INR	7.06
		Unipol	4.794	09:06	-1.66	4.925	-2.66	5.026	-0.101	-2.01	EUR	6.19
		Sberbank	13.750	07:05	-2.55	13.900	-1.08	13.450	0.450	3.35	EUR	5.71
		Chiba Bank	555.000	06:15	-6.57	611.000	-9.17	597.000	14.000	2.35	JPY	5.38
		Aareal Bank	26.740	09:10	-2.55	29.020	-7.86	30.330	-1.310	-4.32	EUR	5.04
		State Bank of India	328.200	Wed	0.43	322.950	1.63	281.550	41.400	14.70	INR	4.38
		Banco Santander MX	27.620	Wed	0.18	28.250	-2.23	26.750	1.500	5.61	MXN	4.06
	L	BBVA Banco Francés	116.650	Wed	-6.27	124.450	-6.27	96.850	27.600	28.50	ARS	3.87
		Citigroup	68.180	Wed	-1.80	72.530	-6.00	73.590	-1.060	-1.44	USD	3.81
		Royal Bank CA	103.970	Wed	-2.12	108.320	-4.02	105.920	2.400	2.27	CAD	3.60
		Shinsei Bank	1,500.000	06:15	-7.35	1,668.000	-10.07	1,709.000	-41.000	-2.40	JPY	3.59
		Credit Suisse	11.805	09:02	-2.56	12.710	-7.12	12.720	-0.010	-0.08	CHF	3.03
		Erste Group Bank	32.130	09:22	-2.52	33.630	-4.46	32.600	1.030	3.16	EUR	2.96
		National Australia B	25.890	05:10	-1.33	27.110	-4.50	29.150	-2.040	-7.00	AUD	2.42
		HDFC Bank	1,199.250	Wed	-0.09	1,209.950	-0.88	1,229.000	-19.050	-1.55	INR	2.36
		Sumitomo Mitsui Trst	3,783.000	06:15	-2.07	4,053.000	-6.66	3,965.000	88.000	2.22	JPY	2.21
		⇓instrument	freshest		⇓ Δday	2/24/20	⇓ Δwk	10/28/19	prc diff	⇓ Δ17	Curr	∅-RS
	L	Commerzbank	5.601	09:10	-2.56	6.126	-8.57	5.592	0.534	9.55	EUR	2.19
		UBS	11.355	09:02	-2.87	12.065	-5.88	11.940	0.125	1.05	CHF	1.67
	L	Triodos Groenfonds	59.960	09:00		59.910	0.08	59.200	0.710	1.20	EUR	1.56
		Bank Nova Scotia	72.500	Wed	0.03	73.150	-0.89	75.190	-2.040	-2.71	CAD	0.85
	L	ANZ Banking AU	25.530	05:10	-2.07	26.830	-4.85	28.030	-1.200	-4.28	AUD	0.55
		Banco Bilbao Viz	4.677	09:07	-1.36	4.912	-4.78	4.882	0.030	0.61	EUR	0.05
		BPER Banca	3.854	09:06	-1.81	3.836	0.47	4.068	-0.232	-5.70	EUR	0.05
		ANZ Banking NZ	26.700	03:42	-1.69	28.060	-4.85	29.940	-1.880	-6.28	NZD	-0.07
		Toronto-Dominion	73.100	Wed	-0.53	74.810	-2.29	75.150	-0.340	-0.45	CAD	-0.23
	S	Bank Montreal	95.700	Wed	-1.59	99.470	-3.79	98.150	1.320	1.34	CAD	-0.41
		Axis Bank	729.400	Wed	0.09	725.450	0.54	708.600	16.850	2.38	INR	-0.54
		Cdn Imp Bk Comm	107.070	Wed	0.99	107.500	-0.40	112.220	-4.720	-4.21	CAD	-0.66
	S	Raiffeisen Bank Int	19.960	09:22	-2.16	21.450	-6.95	22.610	-1.160	-5.13	EUR	-0.73
	S	China Constr Bk HK	6.440	08:08	1.90	6.340	1.58	6.310	0.030	0.48	HKD	-0.80
		China Merchants Bank	35.220	07:00	1.12	35.050	0.49	36.200	-1.150	-3.18	CNY	-1.03
	L	OCBC	10.900	09:07	0.37	10.920	-0.18	10.760	0.160	1.49	SGD	-1.30
		U.S. Bancorp	49.660	Wed	-2.09	53.080	-6.44	57.020	-3.940	-6.91	USD	-1.94
		United Overseas Bank	25.270	09:04	0.56	25.280	-0.04	26.090	-0.810	-3.10	SGD	-2.13
	S	FinecoBank	9.818	09:06	-1.33	10.060	-2.41	10.405	-0.345	-3.32	EUR	-2.66
	S	DBS Bank	24.820	09:15	0.65	24.850	-0.12	25.180	-0.330	-1.31	SGD	-2.82
	S	Bank of China	3.620	07:00	0.56	3.590	0.84	3.710	-0.120	-3.23	CNY	-2.90
	S	ICBC	5.460	08:08	2.25	5.410	0.92	5.660	-0.250	-4.42	HKD	-3.32
	S	Industrial Bank	17.820	07:00	0.68	17.840	-0.11	18.700	-0.860	-4.60	CNY	-4.17
	S	Agricultural Bank	3.460	07:00	0.29	3.460		3.650	-0.190	-5.21	CNY	-4.44
	S	Ind and Comm Bk	5.400	07:00	-0.18	5.440	-0.74	5.930	-0.490	-8.26	CNY	-4.52
		⇓instrument	freshest		⇓ Δday	2/24/20	⇓ Δwk	10/28/19	prc diff	⇓ Δ17	Curr	∅-RS
	S	Resona	419.700	06:15	-1.59	441.000	-4.83	477.300	-36.300	-7.61	JPY	-4.69
	S	China Everbright Bk	3.880	07:00	0.52	3.890	-0.26	4.460	-0.570	-12.78	CNY	-4.72
		Bank of China	3.160	08:08	1.61	3.140	0.64	3.250	-0.110	-3.38	HKD	-4.73
	S	Shanghai Pudong	11.210	07:00	0.09	11.160	0.45	12.700	-1.540	-12.13	CNY	-5.02
	S	Wells Fargo	44.140	Wed	-2.17	46.390	-4.85	51.650	-5.260	-10.18	USD	-5.20
	S	China Minsheng Bk	5.850	07:00	0.17	5.860	-0.17	6.180	-0.320	-5.18	CNY	-5.23
		Westpac Banking	24.330	05:10	-1.34	25.500	-4.59	28.990	-3.490	-12.04	AUD	-5.28
		Mediobanca	8.640	09:06	-1.35	8.848	-2.35	10.835	-1.987	-18.34	EUR	-5.65
	S	Bankinter	5.714	09:07	-1.41	5.946	-3.90	6.292	-0.346	-5.50	EUR	-6.08
		Banco Santander	3.496	09:07	-1.41	3.621	-3.45	3.979	-0.359	-9.01	EUR	-6.91
	L	Bank of China (HK)	27.100	08:08	0.93	27.000	0.37	27.200	-0.200	-0.74	HKD	-7.23
	S	Shizuoka Bank	703.000	06:15	-2.90	752.000	-6.52	834.000	-82.000	-9.83	JPY	-7.34
	S	Bank of Bejing	5.210	07:00		5.260	-0.95	5.540	-0.280	-5.05	CNY	-8.23
	S	BNY Mellon	41.370	Wed	-0.53	43.130	-4.08	46.890	-3.760	-8.02	USD	-8.32
		HSBC	54.400	08:08	0.81	56.500	-3.72	60.250	-3.750	-6.22	HKD	-8.42
	S	Suncorp-Metway	11.710	05:10	-0.76	12.220	-4.17	13.430	-1.210	-9.01	AUD	-8.44
	S	Bank of Comm	5.310	07:00		5.310		5.660	-0.350	-6.18	CNY	-8.47
	S	Lloyds Bank	50.940	09:24	-1.87	53.110	-4.09	58.930	-5.820	-9.88	GBP	-8.92
	L	Hang Seng Bank	163.400	08:08	1.11	161.500	1.18	166.000	-4.500	-2.71	HKD	-9.05
	S	Standard Chartered	570.760	09:24	-3.52	606.600	-5.91	692.200	-85.600	-12.37	GBP	-9.48
	S	Banco Sabadell	0.815	09:07	-1.52	0.843	-3.34	1.009	-0.165	-16.39	EUR	-10.18
		HSBC	539.700	09:23	-2.76	550.800	-2.02	594.400	-43.600	-7.34	GBP	-10.62
	S	Bank of Communicats	5.130	08:08	1.18	5.090	0.79	5.380	-0.290	-5.39	HKD	-10.92
	S	Fukuoka	1,710.000	06:15	-3.61	1,855.000	-7.82	2,108.000	-253.000	-12.00	JPY	-11.44
	S	KB Financial	39,400.000	06:30	0.90	39,050.000	0.90	42,900.000	-3,850.000	-8.97	KRW	-11.63
		⇓instrument	freshest		⇓ Δday	2/24/20	⇓ Δwk	10/28/19	prc diff	⇓ Δ17	Curr	∅-RS
	S	RBS	189.150	09:24	-2.02	197.750	-4.35	223.600	-25.850	-11.56	GBP	-11.93
	S	Bank of Shanghai	8.810	07:00	0.69	8.790	0.23	9.620	-0.830	-8.63	CNY	-12.57
		Banco del Bajio	30.900	Wed	2.28	30.010	2.97	30.940	-0.930	-3.01	MXN	-13.15
		Bankia	1.540	09:06	-2.50	1.633	-5.73	1.746	-0.113	-6.45	EUR	-16.40
	S	Bank of Ireland	3.498	09:23	-2.45	3.764	-7.07	4.242	-0.478	-11.27	EUR	-16.91
	L	Indiabulls HF	321.500	Wed	-0.99	330.850	-2.83	186.150	144.700	77.73	INR	-16.95
	S	Banco Comercial	0.173	09:06	-1.93	0.180	-4.00	0.202	-0.022	-11.02	EUR	-17.95
	S	IndusInd Bank	1,135.000	Wed	-1.63	1,170.250	-3.01	1,272.050	-101.800	-8.00	INR	-19.30
	L	Bank of East Asia	16.860	08:08	0.12	16.700	0.96	18.960	-2.260	-11.92	HKD	-19.54
	S	ABN AMRO	13.790	09:04	-1.64	14.240	-3.16	16.930	-2.690	-15.89	EUR	-19.65
	S	Woori Financial	9,910.000	06:30	1.02	9,400.000	5.43	12,000.000	-2,600.000	-21.67	KRW	-25.40
	S	IBK	9,780.000	06:30	1.24	9,480.000	3.16	12,100.000	-2,620.000	-21.65	KRW	-26.13
	S	Yes Bank	36.550	Wed	3.98	34.950	4.58	52.150	-17.200	-32.98	INR	-52.52
Banks - 112 out of 112 instruments rated - 2/24/20 / 10/28/19 - 50 did rise, Market-Ratio(17) = 44.64 %

Technical Chart

	Banks RS = 17 - B/S = 42/41

1/04/16	scale up chart	2/24/20

Transactions Banks * L17 - 42/41 (3)

													⇐
L/S	date buy	date sell	days		instrument	spl	pieces	Curr	prc buy	prc sell	prc diff	d %	asset	yield
1/02/06		9/11/06	252		- cash -
long	9/11/06	6/18/07	280		Sberbank	33	413	EUR	8.060	13.680	5.620	70	12,321	99
					Bank of East Asia	33	100	HKD	33.290	41.730	8.440	25	13,165	34
					China Minsheng Bk	33	1,071	CNY	3.120	9.190	6.070	195	19,666	309
100							97						141
6/18/07		6/25/07	7		- cash -
	6/25/07	7/30/07	35		China Merchants Bank	33	341	CNY	19.200	22.610	3.410	18	20,829	450
					Hua Xia Bank	33	1,017	CNY	6.444	7.000	0.556	9	21,394	137
					Shanghai Pudong	33	410	CNY	16.010	17.330	1.320	8	21,935	128
100							12						212
7/30/07		10/08/07	70		- cash -
	10/08/07	10/15/07	7		China Merchants Bank	33	232	CNY	31.470	31.630	0.160	1	21,972	30
					Hua Xia Bank	33	692	CNY	10.569	12.000	1.431	14	22,962	74,835
					Shanghai Pudong	33	314	CNY	23.290	22.810	-0.480	-2	22,811	-66
100							4						672
10/15/07		10/29/07	14		- cash -
	10/29/07	11/05/07	7		China Merchants Bank	33	222	CNY	34.250	32.360	-1.890	-6	22,392	-95
					Hua Xia Bank	33	704	CNY	10.799	10.097	-0.701	-6	21,898	-97
					Shanghai Pudong	33	309	CNY	24.540	23.210	-1.330	-5	21,487	-95
100							-6						-96
11/05/07		12/03/07	28		- cash -
	12/03/07	12/17/07	14		China Merchants Bank	33	234	CNY	30.560	27.930	-2.630	-9	20,872	-90
					Shanghai Pudong	33	316	CNY	22.680	19.660	-3.020	-13	19,917	-98
					State Bank of India	33	294	INR	24.366	22.652	-1.714	-7	19,414	-85
100							-10						-93
12/17/07		5/19/08	154		- cash -
	5/19/08	5/26/08	7		Hang Seng Bank	33	44	HKD	144.690	146.070	1.380	1	19,474	64
					HDFC	33	121	INR	53.760	51.700	-2.060	-4	19,225	-87
					Axis Bank	33	362	INR	18.033	15.259	-2.774	-15	18,221	-100
100							-6						-96
5/26/08		3/30/09	308		- cash -
	3/30/09	1/25/10	301		Bank of Bejing	33	1,056	CNY	5.747	7.975	2.228	39	20,574	49
L/S	date buy	date sell	days		instrument	spl	pieces	Curr	prc buy	prc sell	prc diff	d %	asset	yield
					Industrial Bank	33	717	CNY	8.470	12.820	4.350	51	23,693	65
					Shanghai Pudong	33	502	CNY	12.090	15.740	3.650	30	25,525	38
100							40						51
1/25/10		3/01/10	35		- cash -
	3/01/10	5/03/10	63		Aareal Bank	33	606	EUR	14.034	14.803	0.769	5	25,991	36
					KBC	33	253	EUR	33.620	35.195	1.575	5	26,389	30
					VTB Bank	33	2,475	EUR	3.440	3.640	0.200	6	26,884	39
100							5						35
5/03/10		5/31/10	28		- cash -
	5/31/10	6/28/10	28		Banco Macro	33	772	ARS	11.600	11.700	0.100	1	26,962	12
					KBC	33	281	EUR	31.885	32.760	0.875	3	27,207	42
					VTB Bank	33	2,293	EUR	3.910	4.050	0.140	4	27,528	58
100							2						36
6/28/10		9/06/10	70		- cash -
	9/06/10	11/29/10	84		Banco Macro	33	588	ARS	15.600	20.700	5.100	33	30,527	242
					BBVA Banco Francés	33	823	ARS	11.150	15.700	4.550	41	34,272	342
					State Bank of India	33	307	INR	29.825	30.713	0.888	3	34,544	14
100							26						168
11/29/10		12/06/10	7		- cash -
	12/06/10	5/16/11	161		Aareal Bank	33	584	EUR	19.708	23.250	3.542	18	36,613	45
					Banco Macro	33	525	ARS	21.900	14.700	-7.200	-33	32,833	-59
					BBVA Banco Francés	33	727	ARS	15.850	13.650	-2.200	-14	31,234	-29
100							-10						-20
5/16/11		12/19/11	217		- cash -
	12/19/11	12/26/11	7		Banco Sabadell	33	4,128	EUR	2.522	2.490	-0.032	-1	31,102	-49
					Aozora Bank	33	507	JPY	20.500	20.800	0.300	1	31,254	113
					China Minsheng Bk	33	1,729	CNY	6.030	5.890	-0.140	-2	31,012	-71
100							-1						-31
12/26/11		1/02/12	7		- cash -
	1/02/12	5/21/12	140		U.S. Bancorp	33	374	USD	27.580	30.720	3.140	11	32,186	32
					Bankinter	33	3,326	EUR	3.111	1.935	-1.176	-38	28,275	-71
L/S	date buy	date sell	days		instrument	spl	pieces	Curr	prc buy	prc sell	prc diff	d %	asset	yield
					Aozora Bank	33	474	JPY	21.800	17.400	-4.400	-20	26,189	-44
100							-16						-36
5/21/12		8/13/12	84		- cash -
	8/13/12	6/10/13	301		Regional	33	187	MXN	46.490	72.510	26.020	56	31,055	71
					KBC	33	477	EUR	18.305	30.855	12.550	69	37,041	88
					Alpha Bank	33	139	EUR	63.000	24.500	-38.500	-61	31,690	-68
100							21						26
6/10/13		7/15/13	35		- cash -
	7/15/13	9/02/13	49		Lloyds Bank	33	15,211	GBP	0.694	0.733	0.039	6	32,280	50
					Bank of Ireland	33	2,071	EUR	5.100	6.750	1.650	32	35,697	707
					FBD Holdings	33	686	EUR	15.400	14.320	-1.080	-7	34,956	-42
100							10						108
9/02/13		9/09/13	7		- cash -
	9/09/13	10/06/14	392		Banco Macro	33	626	ARS	18.600	47.500	28.900	155	53,047	139
					BBVA Banco Francés	33	697	ARS	16.700	52.000	35.300	211	77,651	188
					Bank of Ireland	33	1,648	EUR	7.080	9.240	2.160	31	81,211	28
100							132						119
10/06/14		10/27/14	21		- cash -
	10/27/14	1/05/15	70		Banco Macro	33	566	ARS	47.800	48.500	0.700	1	81,607	8
					BBVA Banco Francés	33	541	ARS	50.000	52.100	2.100	4	82,743	24
					Axis Bank	33	636	INR	42.610	51.760	9.150	21	88,563	176
100							9						57
1/05/15		1/19/15	14		- cash -
	1/19/15	8/17/15	210		BBVA Banco Francés	33	498	ARS	59.200	79.300	20.100	34	98,573	66
					Bank of Comm	33	4,551	CNY	6.490	6.720	0.230	4	99,619	6
					China Everbright Bk	33	6,776	CNY	4.360	4.470	0.110	3	100,365	4
100							13						24
8/17/15		12/21/15	126		- cash -
	12/21/15	1/11/16	21		Umweltbank	33	2,065	EUR	16.200	16.540	0.340	2	101,067	43
					Sberbank	33	6,248	EUR	5.354	4.550	-0.804	-15	96,043	-94
					Shanghai Pudong	33	1,748	CNY	19.140	17.050	-2.090	-11	92,390	-87
100							-8						-76
L/S	date buy	date sell	days		instrument	spl	pieces	Curr	prc buy	prc sell	prc diff	d %	asset	yield
1/11/16		5/16/16	126		- cash -
	5/16/16	7/04/16	49		Banco Macro	33	351	ARS	87.500	110.000	22.500	26	100,288	450
					Regional	33	298	MXN	103.430	105.070	1.640	2	100,776	12
					Sberbank	33	4,474	EUR	6.896	7.956	1.060	15	105,519	190
100							14						169
7/04/16		7/18/16	14		- cash -
	7/18/16	3/26/18	616		Banco Macro	33	294	ARS	119.500	219.000	99.500	83	134,772	43
					Sberbank	33	4,233	EUR	8.312	14.970	6.658	80	162,955	42
					Axis Bank	33	617	INR	56.995	50.730	-6.265	-11	159,090	-7
100							51						28
3/26/18		7/23/18	119		- cash -
	7/23/18	8/13/18	21		FinecoBank	33	5,209	EUR	10.180	10.045	-0.135	-1	158,386	-21
					Kotak Mahindra Bank	33	396	INR	133.705	128.715	-4.990	-4	156,410	-48
					Yes Bank	33	1,373	INR	38.660	37.070	-1.590	-4	154,227	-52
100							-3						-42
8/13/18		9/24/18	42		- cash -
	9/24/18	10/08/18	14		American Express	33	467	USD	109.850	106.990	-2.860	-3	152,892	-50
					FinecoBank	33	4,406	EUR	11.680	10.730	-0.950	-8	148,706	-89
					Fukuoka	33	1,576	JPY	32.650	32.300	-0.350	-1	148,154	-24
100							-4						-65
10/08/18		2/11/19	126		- cash -
	2/11/19	6/17/19	126		Banco Macro	33	223	ARS	220.600	288.650	68.050	31	163,330	118
					BBVA Banco Francés	33	301	ARS	164.050	141.800	-22.250	-14	156,632	-34
					Axis Bank	33	722	INR	68.660	77.770	9.110	13	163,210	43
100							10						32
6/17/19		7/08/19	21		- cash -
	7/08/19	7/29/19	21		Banco Macro	33	178	ARS	305.450	315.550	10.100	3	165,007	76
					Banca Generali	33	2,062	EUR	26.380	26.660	0.280	1	165,585	20
					Sberbank	33	3,916	EUR	13.900	13.415	-0.485	-3	163,686	-46
100							0						5
L/S	date buy	date sell	days		instrument	spl	pieces	Curr	prc buy	prc sell	prc diff	d %	asset	yield
7/29/19		9/16/19	49		- cash -
	9/16/19	10/07/19	21		Unipol	33	11,417	EUR	4.779	4.767	-0.012	0	163,549	-4
					Banca Generali	33	1,923	EUR	28.360	28.080	-0.280	-1	163,010	-16
					Sberbank	33	4,040	EUR	13.510	12.800	-0.710	-5	160,142	-61
100							-2						-32
10/07/19		10/14/19	7		- cash -
	10/14/19	2/27/20	136		Mediobanca	33	5,282	EUR	10.105	8.640	-1.465	-14	152,404	-34
					Unipol	33	10,910	EUR	4.893	4.794	-0.099	-2	151,324	-5
		2/26/20	135		Kotak Mahindra Bank	33	336	INR	158.550	166.650	8.100	5	154,045	14
100							-4						-10
accum	9/11/06	2/26/20	3181	days out of 5169 invested (62%)							1,440		154,045	37

Instrument Related Contribution

instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	spl	d_i %	total
Banco Macro	long	5/31/10	6/28/10	28	11.60	11.70	0.10	0.86	33	0.29
		9/06/10	11/29/10	84	15.60	20.70	5.10	32.69		10.90
		12/06/10	5/16/11	161	21.90	14.70	-7.20	-32.88		-10.96
		9/09/13	10/06/14	392	18.60	47.50	28.90	155.38		51.79
		10/27/14	1/05/15	70	47.80	48.50	0.70	1.46		0.49
		5/16/16	7/04/16	49	87.50	110.00	22.50	25.71		8.57
		7/18/16	3/26/18	616	119.50	219.00	99.50	83.26		27.75
		2/11/19	6/17/19	126	220.60	288.65	68.05	30.85		10.28
		7/08/19	7/29/19	21	305.45	315.55	10.10	3.31		1.10	133.60
BBVA Banco Francés		9/06/10	11/29/10	84	11.15	15.70	4.55	40.81		13.60
		12/06/10	5/16/11	161	15.85	13.65	-2.20	-13.88		-4.63
		9/09/13	10/06/14	392	16.70	52.00	35.30	211.38		70.46
		10/27/14	1/05/15	70	50.00	52.10	2.10	4.20		1.40
		1/19/15	8/17/15	210	59.20	79.30	20.10	33.95		11.32
		2/11/19	6/17/19	126	164.05	141.80	-22.25	-13.56		-4.52	99.04
China Minsheng Bk		9/11/06	6/18/07	280	3.12	9.19	6.07	194.55		64.85
		12/19/11	12/26/11	7	6.03	5.89	-0.14	-2.32		-0.77	63.57
Sberbank		9/11/06	6/18/07	280	8.06	13.68	5.62	69.73		23.24
		12/21/15	1/11/16	21	5.35	4.55	-0.80	-15.02		-5.01
		5/16/16	7/04/16	49	6.90	7.96	1.06	15.37		5.12
		7/18/16	3/26/18	616	8.31	14.97	6.66	80.10		26.70
		7/08/19	7/29/19	21	13.90	13.42	-0.49	-3.49		-1.16
		9/16/19	10/07/19	21	13.51	12.80	-0.71	-5.26		-1.75	51.42
KBC		3/01/10	5/03/10	63	33.62	35.20	1.58	4.68		1.56
		5/31/10	6/28/10	28	31.89	32.76	0.87	2.74		0.91
		8/13/12	6/10/13	301	18.31	30.86	12.55	68.56		22.85	25.91
instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	spl	d_i %	total
Bank of Ireland		7/15/13	9/02/13	49	5.10	6.75	1.65	32.35		10.78
		9/09/13	10/06/14	392	7.08	9.24	2.16	30.51		10.17	22.05
Regional		8/13/12	6/10/13	301	46.49	72.51	26.02	55.97		18.66
		5/16/16	7/04/16	49	103.43	105.07	1.64	1.59		0.53	19.28
Industrial Bank		3/30/09	1/25/10	301	8.47	12.82	4.35	51.36		17.12	17.12
Bank of Bejing		3/30/09	1/25/10	301	5.75	7.97	2.23	38.77		12.92	12.92
Bank of East Asia		9/11/06	6/18/07	280	33.29	41.73	8.44	25.35		8.45	8.45
Aareal Bank		3/01/10	5/03/10	63	14.03	14.80	0.77	5.48		1.83
		12/06/10	5/16/11	161	19.71	23.25	3.54	17.97		5.99	7.93
Hua Xia Bank		6/25/07	7/30/07	35	6.44	7.00	0.56	8.62		2.87
		10/08/07	10/15/07	7	10.57	12.00	1.43	13.54		4.51
		10/29/07	11/05/07	7	10.80	10.10	-0.70	-6.49		-2.16	5.19
U.S. Bancorp		1/02/12	5/21/12	140	27.58	30.72	3.14	11.39		3.80	3.80
VTB Bank		3/01/10	5/03/10	63	3.44	3.64	0.20	5.81		1.94
		5/31/10	6/28/10	28	3.91	4.05	0.14	3.58		1.19	3.15
Axis Bank		5/19/08	5/26/08	7	18.03	15.26	-2.77	-15.38		-5.13
		10/27/14	1/05/15	70	42.61	51.76	9.15	21.47		7.16
		7/18/16	3/26/18	616	57.00	50.73	-6.27	-10.99		-3.66
		2/11/19	6/17/19	126	68.66	77.77	9.11	13.27		4.42	2.27
Lloyds Bank		7/15/13	9/02/13	49	0.69	0.73	0.04	5.59		1.86	1.86
Shanghai Pudong		6/25/07	7/30/07	35	16.01	17.33	1.32	8.24		2.75
		10/08/07	10/15/07	7	23.29	22.81	-0.48	-2.06		-0.69
		10/29/07	11/05/07	7	24.54	23.21	-1.33	-5.42		-1.81
		12/03/07	12/17/07	14	22.68	19.66	-3.02	-13.32		-4.44
		3/30/09	1/25/10	301	12.09	15.74	3.65	30.19		10.06
		12/21/15	1/11/16	21	19.14	17.05	-2.09	-10.92		-3.64	1.55
instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	spl	d_i %	total
Bank of Comm		1/19/15	8/17/15	210	6.49	6.72	0.23	3.54		1.18	1.18
China Merchants Bank		6/25/07	7/30/07	35	19.20	22.61	3.41	17.76		5.92
		10/08/07	10/15/07	7	31.47	31.63	0.16	0.51		0.17
		10/29/07	11/05/07	7	34.25	32.36	-1.89	-5.52		-1.84
		12/03/07	12/17/07	14	30.56	27.93	-2.63	-8.61		-2.87	1.16
China Everbright Bk		1/19/15	8/17/15	210	4.36	4.47	0.11	2.52		0.84	0.84
Umweltbank		12/21/15	1/11/16	21	16.20	16.54	0.34	2.10		0.70	0.70
Kotak Mahindra Bank		7/23/18	8/13/18	21	133.71	128.72	-4.99	-3.73		-1.24
		10/14/19	2/26/20	135	158.55	166.65	8.10	5.11		1.70	0.44
Hang Seng Bank		5/19/08	5/26/08	7	144.69	146.07	1.38	0.95		0.32	0.32
Banca Generali		7/08/19	7/29/19	21	26.38	26.66	0.28	1.06		0.35
		9/16/19	10/07/19	21	28.36	28.08	-0.28	-0.99		-0.33	0.02
Fukuoka		9/24/18	10/08/18	14	32.65	32.30	-0.35	-1.07		-0.36	-0.36
Banco Sabadell		12/19/11	12/26/11	7	2.52	2.49	-0.03	-1.27		-0.42	-0.42
Unipol		9/16/19	10/07/19	21	4.78	4.77	-0.01	-0.25		-0.08
		10/14/19	2/27/20	136	4.89	4.79	-0.10	-2.02		-0.67	-0.76
American Express		9/24/18	10/08/18	14	109.85	106.99	-2.86	-2.60		-0.87	-0.87
HDFC		5/19/08	5/26/08	7	53.76	51.70	-2.06	-3.83		-1.28	-1.28
Yes Bank		7/23/18	8/13/18	21	38.66	37.07	-1.59	-4.11		-1.37	-1.37
State Bank of India		12/03/07	12/17/07	14	24.37	22.65	-1.71	-7.03		-2.34
		9/06/10	11/29/10	84	29.83	30.71	0.89	2.98		0.99	-1.38
FBD Holdings		7/15/13	9/02/13	49	15.40	14.32	-1.08	-7.01		-2.34	-2.34
FinecoBank		7/23/18	8/13/18	21	10.18	10.05	-0.14	-1.33		-0.44
		9/24/18	10/08/18	14	11.68	10.73	-0.95	-8.13		-2.71	-3.14
Mediobanca		10/14/19	2/27/20	136	10.11	8.64	-1.47	-14.50		-4.83	-4.83
instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	spl	d_i %	total
Aozora Bank		12/19/11	12/26/11	7	20.50	20.80	0.30	1.46		0.49
		1/02/12	5/21/12	140	21.80	17.40	-4.40	-20.18		-6.73	-6.27
Bankinter		1/02/12	5/21/12	140	3.11	1.94	-1.18	-37.80		-12.60	-12.60
Alpha Bank		8/13/12	6/10/13	301	63.00	24.50	-38.50	-61.11		-20.37	-20.37

Annotations

7/17/18	Bank of Shanghai	stock split 5:7 (seven for five)
2/02/18	Banco Santander MX	merger of banco and grupo financiero
9/21/17	Yes Bank	stock split 1:5 (five for one)
9/18/17	Umweltbank	stock split 1:5 (five for one)
7/10/17	Bank of Ireland	reverse split 30:1 (one for thirty)
6/05/17	Bankia	reverse split 4:1 (one for four)
1/23/17	Unicredit	reverse stock split 10:1 (one for ten)
10/24/16	Banco Comercial	reverse stock split 75:1 (one for seventyfive)
7/11/16	Bank of Bejing	forward stock split 10:12 (twelve for ten)
1/13/16	Banken	Banca MPS, Banif, Alpha Bank, Eurobank Ergasias, Piraeus Bank and National Bank of Greece excluded
12/31/15	Heartland	name change from Heartland New Zealand to Heartland Bank, ticker changes from HNZ to HBL
9/21/15	Unipol	re-joins the MIB as replacement for Autogrill
7/17/15	Bank of Bejing	forward stock split 10:12 (twelve for ten)
6/21/15	Ferratum	recording started
5/19/15	Svenska Handelsbank	ex Split 1:3 (three for one)
3/11/15	Banks	first full analysis, due to the longer holding long best practice technique the [Mixed Cut] technique isvlow performing, but there is a well performing [Alternating] technique.


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