Share-o-matic - Assessment BEL 20 (Belgian 20 Index)

Assessment - Belgian 20 Index in Dollar - 21/10/19 - RS = 13

		⇓instrument	freshest		⇓ Δday	21/10/19	Δwk	22/07/19	prc diff	⇓ Δ13	⇓∅-RS
	L	BEL 20	4,201.215	16:05	-0.41	4,218.561	-0.41	4,126.565	91.996	2.23	5.55
		Proximus	31.093	15:35	1.97	30.491	1.97	28.815	1.676	5.82	9.87
	S	argenx	116.054	15:35	1.46	114.382	1.46	149.344	-34.962	-23.41	-2.04
	L	Cofinimmo	146.712	15:35	1.23	144.928	1.23	133.871	11.057	8.26	11.48
		Warehouses De Pauw	186.177	15:35	0.85	184.616	0.85	177.822	6.794	3.82	20.14
	L	Ontex	16.734	15:35	0.40	16.667	0.40	15.316	1.351	8.82	-9.64
	L	KBC	70.769	15:35	0.35	70.524	0.35	65.007	5.517	8.49	4.66
	L	Ackermans van Haaren	155.630	15:35	-0.07	155.742	-0.07	147.214	8.528	5.79	1.73
	L	ING Groep	11.538	15:35	-0.12	11.552	-0.12	11.290	0.261	2.32	0.75
		Galapagos	156.355	15:35	-0.14	156.578	-0.14	189.315	-32.737	-17.29	31.72
		Telenet	47.715	15:35	-0.33	47.871	-0.33	50.499	-2.628	-5.20	-2.48
	L	Sofina	225.196	15:35	-0.49	226.310	-0.49	190.380	35.931	18.87	14.72
	L	Ageas	57.458	15:38	-0.58	57.793	-0.58	54.412	3.381	6.21	14.98
	L	GBL	98.395	15:35	-0.59	98.975	-0.59	95.167	3.807	4.00	5.65
		AB InBev	92.353	15:35	-1.03	93.311	-1.03	94.741	-1.430	-1.51	12.59
	L	Solvay	108.317	15:38	-1.10	109.521	-1.10	101.670	7.850	7.72	3.05
	L	Aperam	25.396	15:35	-1.39	25.753	-1.39	26.292	-0.540	-2.05	-7.26
	L	Colruyt	55.964	15:35	-1.53	56.834	-1.53	54.075	2.759	5.10	-10.42
	L	Umicore	40.636	15:35	-1.54	41.271	-1.54	29.790	11.481	38.54	10.68
		UCB	75.675	15:39	-1.65	76.946	-1.65	83.529	-6.584	-7.88	-4.86
		Barco	193.757	15:35	-1.70	197.102	-1.70	212.804	-15.702	-7.38	27.87
BEL 20 - 20 out of 20 instruments rated - 21/10/19 / 22/07/19 - 13 did rise, Market-Ratio(13) in USD = 65.00 %
Stock Exchange Currency: EUR € Euro

Technical Chart

	BEL 20 RS = 13 - B/S = 67/67

5/01/15	scale up chart	21/10/19

Transactions Belgian 20 Index in Dollar * L13 - 67 ex 3 (1)

												⇐
L/S	date buy	date sell	days		instrument	spl	pieces	prc buy	prc sell	prc diff	d %	asset	yield
long	2/01/06	15/05/06	133		Ackermans van Haaren	100	182	54.887	75.623	20.736	38	13,774	141
15/05/06		21/08/06	98		- cash -
	21/08/06	28/08/06	7		Ackermans van Haaren	100	184	74.513	74.095	-0.418	-1	13,697	-25
28/08/06		4/09/06	7		- cash -
	4/09/06	30/10/06	56		ING Groep	100	401	34.092	33.880	-0.213	-1	13,612	-4
	30/10/06	4/12/06	35		Telenet	100	512	26.565	26.929	0.364	1	13,798	15
	4/12/06	18/12/06	14		AB InBev	100	339	40.700	40.068	-0.632	-2	13,584	-33
	18/12/06	1/01/07	14		Telenet	100	472	28.776	28.442	-0.334	-1	13,426	-26
	1/01/07	12/03/07	70		Colruyt	100	313	42.894	45.254	2.360	6	14,165	32
12/03/07		26/03/07	14		- cash -
	26/03/07	2/04/07	7		Colruyt	100	307	45.995	46.366	0.371	1	14,279	52
2/04/07		9/04/07	7		- cash -
	9/04/07	16/04/07	7		AB InBev	100	309	46.132	48.164	2.032	4	14,907	847
16/04/07		23/04/07	7		- cash -
	23/04/07	30/04/07	7		AB InBev	100	307	48.462	48.994	0.532	1	15,070	77
30/04/07		4/06/07	35		- cash -
	4/06/07	11/06/07	7		AB InBev	100	292	51.515	50.488	-1.026	-2	14,771	-65
11/06/07		21/04/08	315		- cash -
	21/04/08	28/04/08	7		Umicore	100	551	26.762	24.878	-1.884	-7	13,732	-98
28/04/08		26/01/09	273		- cash -
	26/01/09	2/02/09	7		UCB	100	427	32.158	30.975	-1.184	-4	13,227	-86
2/02/09		4/05/09	91		- cash -
	4/05/09	11/05/09	7		Galapagos	100	1,448	9.130	9.272	0.142	2	13,433	124
11/05/09		18/05/09	7		- cash -
	18/05/09	6/07/09	49		Galapagos	100	1,404	9.567	10.065	0.498	5	14,131	46
6/07/09		20/07/09	14		- cash -
	20/07/09	27/07/09	7		Ageas	100	378	37.370	38.578	1.208	3	14,588	425
27/07/09		3/08/09	7		- cash -
	3/08/09	23/11/09	112		Ageas	100	368	39.626	43.254	3.628	9	15,923	33
23/11/09		7/12/09	14		- cash -
	7/12/09	14/12/09	7		KBC	100	331	48.003	45.674	-2.329	-5	15,152	-93
14/12/09		28/12/09	14		- cash -
	28/12/09	18/01/10	21		KBC	100	343	44.171	48.543	4.371	10	16,652	416
18/01/10		25/01/10	7		- cash -
	25/01/10	8/02/10	14		KBC	100	380	43.777	39.072	-4.705	-11	14,864	-95
8/02/10		1/03/10	21		- cash -
	1/03/10	17/05/10	77		KBC	100	324	45.831	38.165	-7.666	-17	12,380	-58
17/05/10		9/08/10	84		- cash -
	9/08/10	30/08/10	21		Umicore	100	646	19.141	17.441	-1.701	-9	11,281	-80
30/08/10		6/09/10	7		- cash -
	6/09/10	13/12/10	98		Umicore	100	598	18.859	26.059	7.200	38	15,587	233
13/12/10		7/02/11	56		- cash -
	7/02/11	7/03/11	28		Barco	100	212	73.389	75.801	2.412	3	16,098	52
7/03/11		28/03/11	21		- cash -
	28/03/11	4/04/11	7		Telenet	100	349	46.122	47.559	1.436	3	16,599	395
L/S	date buy	date sell	days		instrument	spl	pieces	prc buy	prc sell	prc diff	d %	asset	yield
4/04/11		11/04/11	7		- cash -
	11/04/11	18/04/11	7		Telenet	100	351	47.171	47.017	-0.155	0	16,545	-16
18/04/11		2/05/11	14		- cash -
	2/05/11	9/05/11	7		Barco	100	189	87.130	82.984	-4.146	-5	15,762	-92
9/05/11		26/12/11	231		- cash -
	26/12/11	2/01/12	7		Galapagos	100	1,183	13.317	13.749	0.433	3	16,273	430
2/01/12		23/01/12	21		- cash -
	23/01/12	23/04/12	91		Galapagos	100	1,170	13.908	14.874	0.966	7	17,404	31
23/04/12		6/08/12	105		- cash -
	6/08/12	29/10/12	84		Galapagos	100	979	17.774	21.218	3.444	19	20,776	116
29/10/12		5/11/12	7		- cash -
	5/11/12	12/11/12	7		Galapagos	100	1,034	20.090	21.496	1.406	7	22,230	3,304
12/11/12		19/11/12	7		- cash -
	19/11/12	26/11/12	7		KBC	100	838	26.503	29.365	2.861	11	24,627	20,872
26/11/12		3/12/12	7		- cash -
	3/12/12	10/12/12	7		KBC	100	813	30.270	28.879	-1.391	-5	23,496	-91
10/12/12		24/12/12	14		- cash -
	24/12/12	4/02/13	42		KBC	100	688	34.104	38.052	3.947	12	26,212	159
4/02/13		11/02/13	7		- cash -
	11/02/13	18/02/13	7		KBC	100	682	38.387	39.669	1.282	3	27,086	454
18/02/13		25/02/13	7		- cash -
	25/02/13	1/04/13	35		KBC	100	713	37.944	34.989	-2.954	-8	24,980	-57
1/04/13		13/05/13	42		- cash -
	13/05/13	3/06/13	21		Ageas	100	663	37.652	37.337	-0.315	-1	24,771	-14
3/06/13		2/09/13	91		- cash -
	2/09/13	16/12/13	105		KBC	100	546	45.293	53.668	8.375	18	29,344	80
16/12/13		23/12/13	7		- cash -
	23/12/13	20/01/14	28		ING Groep	100	2,149	13.653	14.560	0.907	7	31,293	131
20/01/14		24/02/14	35		- cash -
	24/02/14	24/03/14	28		Aperam	100	1,420	22.031	24.894	2.863	13	35,359	392
24/03/14		31/03/14	7		- cash -
	31/03/14	14/04/14	14		Aperam	100	1,331	26.547	25.151	-1.397	-5	33,500	-76
14/04/14		28/04/14	14		- cash -
	28/04/14	19/05/14	21		Aperam	100	1,320	25.361	28.298	2.937	12	37,377	572
19/05/14		16/06/14	28		- cash -
	16/06/14	23/06/14	7		Aperam	100	1,199	31.150	34.622	3.472	11	41,540	24,625
23/06/14		1/12/14	161		- cash -
	1/12/14	15/12/14	14		Proximus	100	1,053	39.427	36.766	-2.661	-7	38,738	-84
15/12/14		29/12/14	14		- cash -
	29/12/14	5/01/15	7		Aperam	100	1,249	30.997	28.613	-2.384	-8	35,760	-98
5/01/15		12/01/15	7		- cash -
	12/01/15	2/03/15	49		Proximus	100	1,004	35.611	37.858	2.247	6	38,016	58
	2/03/15	1/06/15	91		Galapagos	100	1,681	22.614	55.875	33.261	147	93,927	3,664
1/06/15		20/07/15	49		- cash -
	20/07/15	27/07/15	7		Galapagos	100	1,701	55.202	55.337	0.135	0	94,157	14
27/07/15		10/08/15	14		- cash -
	10/08/15	17/08/15	7		Galapagos	100	1,546	60.886	59.810	-1.075	-2	92,494	-61
17/08/15		23/11/15	98		- cash -
	23/11/15	30/11/15	7		Galapagos	100	1,875	49.305	49.877	0.573	1	93,568	83
L/S	date buy	date sell	days		instrument	spl	pieces	prc buy	prc sell	prc diff	d %	asset	yield
30/11/15		28/12/15	28		- cash -
	28/12/15	4/01/16	7		Galapagos	100	1,521	61.487	60.275	-1.212	-2	91,725	-65
4/01/16		9/05/16	126		- cash -
	9/05/16	16/05/16	7		Cofinimmo	100	724	126.614	120.944	-5.670	-4	87,619	-91
	16/05/16	6/06/16	21		Sofina	100	660	132.715	138.973	6.258	5	91,750	123
6/06/16		8/08/16	63		- cash -
	8/08/16	29/08/16	21		Umicore	100	3,066	29.916	30.084	0.168	1	92,265	10
29/08/16		12/09/16	14		- cash -
	12/09/16	10/10/16	28		argenx	100	5,713	16.149	16.376	0.227	1	93,561	20
10/10/16		17/10/16	7		- cash -
	17/10/16	31/10/16	14		Umicore	100	2,950	31.713	30.437	-1.276	-4	89,796	-66
31/10/16		9/01/17	70		- cash -
	9/01/17	23/01/17	14		Galapagos	100	1,310	68.541	66.183	-2.357	-3	86,708	-60
23/01/17		30/01/17	7		- cash -
	30/01/17	20/02/17	21		argenx	100	5,052	17.162	16.145	-1.017	-6	81,569	-65
	20/02/17	13/03/17	21		Aperam	100	1,554	52.469	50.681	-1.788	-3	78,790	-45
	13/03/17	12/06/17	91		Galapagos	100	1,010	77.998	77.979	-0.018	0	78,772	0
	12/06/17	19/06/17	7		argenx	100	3,797	20.742	20.580	-0.162	-1	78,156	-34
19/06/17		2/10/17	105		- cash -
	2/10/17	6/11/17	35		Galapagos	100	761	102.605	99.149	-3.456	-3	75,525	-30
6/11/17		27/11/17	21		- cash -
	27/11/17	4/12/17	7		Umicore	100	1,623	46.513	46.606	0.093	0	75,675	11
4/12/17		8/01/18	35		- cash -
	8/01/18	15/01/18	7		argenx	100	1,264	59.859	66.617	6.759	11	84,219	26,364
15/01/18		22/01/18	7		- cash -
	22/01/18	5/02/18	14		argenx	100	1,279	65.825	76.083	10.258	16	97,339	4,264
5/02/18		6/08/18	182		- cash -
	6/08/18	13/08/18	7		argenx	100	1,073	90.709	89.033	-1.676	-2	95,541	-62
13/08/18		24/09/18	42		- cash -
	24/09/18	8/10/18	14		argenx	100	1,236	77.268	70.222	-7.046	-9	86,832	-92
8/10/18		11/03/19	154		- cash -
	11/03/19	13/05/19	63		argenx	100	697	124.462	114.382	-10.079	-8	79,807	-39
13/05/19		2/09/19	112		- cash -
	2/09/19	23/09/19	21		Galapagos	100	471	169.354	159.539	-9.815	-6	75,184	-65
23/09/19		22/10/19	29		- cash -
accum	2/01/06	23/09/19	1946	days out of 5041 invested (39%)						652		75,184	46

Instrument Related Contribution

instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	total
Galapagos	long	4/05/09	11/05/09	7	9.13	9.27	0.14	1.56
		18/05/09	6/07/09	49	9.57	10.06	0.50	5.20
		26/12/11	2/01/12	7	13.32	13.75	0.43	3.25
		23/01/12	23/04/12	91	13.91	14.87	0.97	6.95
		6/08/12	29/10/12	84	17.77	21.22	3.44	19.38
		5/11/12	12/11/12	7	20.09	21.50	1.41	7.00
		2/03/15	1/06/15	91	22.61	55.87	33.26	147.08
		20/07/15	27/07/15	7	55.20	55.34	0.14	0.24
		10/08/15	17/08/15	7	60.89	59.81	-1.08	-1.77
		23/11/15	30/11/15	7	49.30	49.88	0.57	1.16
		28/12/15	4/01/16	7	61.49	60.27	-1.21	-1.97
		9/01/17	23/01/17	14	68.54	66.18	-2.36	-3.44
		13/03/17	12/06/17	91	78.00	77.98	-0.02	-0.02
		2/10/17	6/11/17	35	102.61	99.15	-3.46	-3.37
		2/09/19	23/09/19	21	169.35	159.54	-9.82	-5.80	219.52
Ackermans van Haaren		2/01/06	15/05/06	133	54.89	75.62	20.74	37.78
		21/08/06	28/08/06	7	74.51	74.09	-0.42	-0.56	37.01
Aperam		24/02/14	24/03/14	28	22.03	24.89	2.86	13.00
		31/03/14	14/04/14	14	26.55	25.15	-1.40	-5.26
		28/04/14	19/05/14	21	25.36	28.30	2.94	11.58
		16/06/14	23/06/14	7	31.15	34.62	3.47	11.15
		29/12/14	5/01/15	7	31.00	28.61	-2.38	-7.69
		20/02/17	13/03/17	21	52.47	50.68	-1.79	-3.41	18.38
Umicore		21/04/08	28/04/08	7	26.76	24.88	-1.88	-7.04
		9/08/10	30/08/10	21	19.14	17.44	-1.70	-8.88
		6/09/10	13/12/10	98	18.86	26.06	7.20	38.18
		8/08/16	29/08/16	21	29.92	30.08	0.17	0.56
		17/10/16	31/10/16	14	31.71	30.44	-1.28	-4.02
		27/11/17	4/12/17	7	46.51	46.61	0.09	0.20	13.18
instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	total
Ageas		20/07/09	27/07/09	7	37.37	38.58	1.21	3.23
		3/08/09	23/11/09	112	39.63	43.25	3.63	9.16
		13/05/13	3/06/13	21	37.65	37.34	-0.31	-0.84	11.74
Colruyt		1/01/07	12/03/07	70	42.89	45.25	2.36	5.50
		26/03/07	2/04/07	7	45.99	46.37	0.37	0.81	6.35
ING Groep		4/09/06	30/10/06	56	34.09	33.88	-0.21	-0.62
		23/12/13	20/01/14	28	13.65	14.56	0.91	6.64	5.98
Sofina		16/05/16	6/06/16	21	132.72	138.97	6.26	4.72	4.72
KBC		7/12/09	14/12/09	7	48.00	45.67	-2.33	-4.85
		28/12/09	18/01/10	21	44.17	48.54	4.37	9.90
		25/01/10	8/02/10	14	43.78	39.07	-4.70	-10.75
		1/03/10	17/05/10	77	45.83	38.16	-7.67	-16.73
		19/11/12	26/11/12	7	26.50	29.36	2.86	10.80
		3/12/12	10/12/12	7	30.27	28.88	-1.39	-4.60
		24/12/12	4/02/13	42	34.10	38.05	3.95	11.57
		11/02/13	18/02/13	7	38.39	39.67	1.28	3.34
		25/02/13	1/04/13	35	37.94	34.99	-2.95	-7.79
		2/09/13	16/12/13	105	45.29	53.67	8.38	18.49	3.49
Telenet		30/10/06	4/12/06	35	26.56	26.93	0.36	1.37
		18/12/06	1/01/07	14	28.78	28.44	-0.33	-1.16
		28/03/11	4/04/11	7	46.12	47.56	1.44	3.11
		11/04/11	18/04/11	7	47.17	47.02	-0.15	-0.33	2.98
AB InBev		4/12/06	18/12/06	14	40.70	40.07	-0.63	-1.55
		9/04/07	16/04/07	7	46.13	48.16	2.03	4.41
		23/04/07	30/04/07	7	48.46	48.99	0.53	1.10
		4/06/07	11/06/07	7	51.51	50.49	-1.03	-1.99	1.84
instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	total
argenx		12/09/16	10/10/16	28	16.15	16.38	0.23	1.40
		30/01/17	20/02/17	21	17.16	16.15	-1.02	-5.93
		12/06/17	19/06/17	7	20.74	20.58	-0.16	-0.78
		8/01/18	15/01/18	7	59.86	66.62	6.76	11.29
		22/01/18	5/02/18	14	65.82	76.08	10.26	15.58
		6/08/18	13/08/18	7	90.71	89.03	-1.68	-1.85
		24/09/18	8/10/18	14	77.27	70.22	-7.05	-9.12
		11/03/19	13/05/19	63	124.46	114.38	-10.08	-8.10	-0.19
Proximus		1/12/14	15/12/14	14	39.43	36.77	-2.66	-6.75
		12/01/15	2/03/15	49	35.61	37.86	2.25	6.31	-0.87
Barco		7/02/11	7/03/11	28	73.39	75.80	2.41	3.29
		2/05/11	9/05/11	7	87.13	82.98	-4.15	-4.76	-1.63
UCB		26/01/09	2/02/09	7	32.16	30.97	-1.18	-3.68	-3.68
Cofinimmo		9/05/16	16/05/16	7	126.61	120.94	-5.67	-4.48	-4.48

Annotations

30/03/17	BEL 20	machine learning processed for all techniques
20/03/17	BEL 20	Aperam and Sofina replace Ahold Delhaize and Elia System Operator
4/10/16	AB InBev	acquisition of SAB Miller completed
8/07/16	BEL 20	Galapagos, ING and Ontex replace Befimmo, D'Ieteren and Delta Lloyd
9/09/15	BEL 20	complete analysis (scheduled)
22/06/15	Belgacom	changes name to Proximus


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