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

Assessment - MerVal in Euro - 7/01/24 - RS = 35

		⇓instrument	freshest		Δday	7/01/24	⇓ Δwk	10/30/23	prc diff	⇓ Δ35	⇓∅-RS
		Merval	1,622.078	8/12/24	0.32	1,628.020	-0.36	1,593.234	34.786	2.18	10.38
	L	Comercial del Plata	0.243	8/12/24	4.28	0.198	22.39	0.125	0.073	58.38	57.45
		YPF	28.049	8/12/24	1.85	27.962	0.31	23.913	4.050	16.94	8.37
		Central Puerto	1.200	8/12/24	1.73	1.245	-3.66	1.318	-0.073	-5.54	-1.15
		Supervielle	1.812	8/12/24	1.14	1.765	2.69	0.825	0.939	113.78	49.10
		Banco Macro	6.819	8/12/24	0.91	7.375	-7.54	4.015	3.361	83.70	48.04
		BBVA Banco Francés	4.109	8/12/24	0.75	4.056	1.32	2.912	1.144	39.27	25.74
		Pampa Energía	2.705	8/12/24	0.57	2.475	9.31	3.429	-0.954	-27.83	-9.77
		Gr Fin Galicia	4.257	8/12/24	0.48	4.034	5.52	2.561	1.473	57.52	31.86
		IRSA	1.302	8/12/24	0.39	1.216	7.01	1.428	-0.211	-14.79	-9.31
	L	TGS	5.145	8/12/24	0.20	5.179	-0.65	4.795	0.384	8.01	18.42
		Bolsas y Mercados	0.294	8/12/24		0.358	-18.09	0.278	0.081	29.07	28.57
		Banco de Valores	0.348	8/12/24	-0.15	0.358	-2.71	0.335	0.023	6.95	10.78
		Telecom Argentina	1.848	8/12/24	-0.82	1.980	-6.70	2.463	-0.482	-19.58	-7.33
		Edenor	1.118	8/12/24	-0.90	1.092	2.34	1.239	-0.146	-11.82	-12.68
	L	TGN	2.976	8/12/24	-1.19	3.025	-1.64	2.196	0.829	37.77	27.29
	L	Mirgor	19.243	8/12/24	-1.57	19.904	-3.32	24.884	-4.980	-20.01	1.84
		Cresud	1.031	8/12/24	-1.94	1.132	-8.91	1.655	-0.523	-31.60	-13.98
		Loma Negra	1.787	8/12/24	-2.23	1.896	-5.75	2.668	-0.772	-28.95	-9.90
		Ternium Argentina	0.904	8/12/24	-2.32	1.037	-12.80	2.034	-0.997	-49.01	-16.40
		Aluar	0.945	8/12/24	-2.73	1.036	-8.72	2.402	-1.366	-56.88	-19.41
		Transener	1.725	8/12/24	-3.43	1.767	-2.34	1.283	0.484	37.69	27.23
MerVal - 21 out of 21 instruments rated - 7/01/24 / 10/30/23 - 11 did rise, Market-Ratio(35) in EUR = 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 Euro * 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	6,372	1.569	1.710	0.141	9	10,900	24
5/29/06		7/31/06	63		- cash -
	7/31/06	8/07/06	7		Mirgor	100	4,278	2.548	2.481	-0.067	-3	10,614	-75
8/07/06		8/14/06	7		- cash -
	8/14/06	9/04/06	21		Mirgor	100	4,108	2.584	2.518	-0.065	-3	10,346	-36
9/04/06		9/11/06	7		- cash -
	9/11/06	3/19/07	189		Mirgor	100	4,231	2.445	3.590	1.146	47	15,193	110
	3/19/07	7/16/07	119		Telecom Argentina	100	4,564	3.328	3.331	0.003	0	15,204	0
	7/16/07	9/10/07	56		Pampa Energía	100	21,829	0.697	0.600	-0.096	-14	13,106	-62
9/10/07		9/17/07	7		- cash -
	9/17/07	12/10/07	84		Aluar	100	9,325	1.405	1.328	-0.078	-6	12,382	-22
12/10/07		6/08/09	546		- cash -
	6/08/09	6/22/09	14		BBVA Banco Francés	100	11,174	1.108	0.987	-0.121	-11	11,026	-95
	6/22/09	8/17/09	56		Comercial del Plata	100	114,151	0.097	0.090	-0.007	-7	10,251	-38
	8/17/09	8/31/09	14		Mirgor	100	3,403	3.012	2.654	-0.358	-12	9,034	-96
	8/31/09	3/29/10	210		Banco Macro	100	5,764	1.567	2.179	0.612	39	12,563	77
	3/29/10	5/24/10	56		Mirgor	100	2,331	5.387	4.205	-1.182	-22	9,807	-80
	5/24/10	7/19/10	56		IRSA	100	10,480	0.936	0.875	-0.061	-6	9,173	-35
	7/19/10	11/22/10	126		Banco Macro	100	3,351	2.737	3.576	0.840	31	11,987	117
	11/22/10	7/25/11	245		Gr Fin Galicia	100	10,354	1.158	1.016	-0.142	-12	10,519	-18
7/25/11		12/24/12	518		- cash -
	12/24/12	2/04/13	42		Gr Fin Galicia	100	15,083	0.697	0.686	-0.011	-2	10,353	-13
	2/04/13	6/10/13	126		TGN	100	76,817	0.135	0.107	-0.028	-21	8,204	-49
	6/10/13	9/09/13	91		Mirgor	100	1,517	5.406	5.287	-0.119	-2	8,023	-9
	9/09/13	9/23/13	14		Telecom Argentina	100	1,728	4.641	4.586	-0.055	-1	7,928	-27
	9/23/13	12/01/14	434		Edenor	100	36,446	0.218	0.653	0.436	200	23,807	152
	12/01/14	6/01/15	182		Aluar	100	32,063	0.743	0.902	0.160	22	28,935	48
6/01/15		6/08/15	7		- cash -
	6/08/15	9/14/15	98		Comercial del Plata	100	97,030	0.298	0.278	-0.020	-7	27,022	-22
	9/14/15	2/29/16	168		Pampa Energía	100	31,146	0.868	0.829	-0.039	-4	25,818	-9
	2/29/16	11/14/16	259		Mirgor	100	1,450	17.802	22.073	4.271	24	32,011	35
	11/14/16	6/05/17	203		Edenor	100	27,652	1.158	1.425	0.267	23	39,396	45
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	21,015	1.875	2.717	0.842	45	57,099	55
	4/09/18	7/02/18	84		Edenor	100	24,578	2.323	1.349	-0.974	-42	33,154	-91
7/02/18		7/23/18	21		- cash -
	7/23/18	8/13/18	21		Aluar	100	50,914	0.651	0.563	-0.089	-14	28,641	-92
8/13/18		12/03/18	112		- cash -
	12/03/18	12/10/18	7		TGS	100	10,555	2.713	2.655	-0.058	-2	28,030	-68
12/10/18		1/07/19	28		- cash -
	1/07/19	4/22/19	105		TGS	100	10,615	2.640	1.878	-0.762	-29	19,937	-69
	4/22/19	5/13/19	21		Loma Negra	100	9,787	2.037	1.786	-0.251	-12	17,481	-90
5/13/19		6/10/19	28		- cash -
	6/10/19	8/19/19	70		Banco Macro	100	3,424	5.105	3.576	-1.529	-30	12,245	-84
8/19/19		11/04/19	77		- cash -
	11/04/19	11/11/19	7		Aluar	100	21,719	0.564	0.495	-0.069	-12	10,748	-100
11/11/19		12/09/19	28		- cash -
	12/09/19	2/17/20	70		Mirgor	100	1,195	8.989	11.772	2.784	31	14,074	308
2/17/20		4/20/20	63		- cash -
	4/20/20	9/21/20	154		Ternium Argentina	100	41,541	0.339	0.399	0.060	18	16,571	47
9/21/20		9/28/20	7		- cash -
	9/28/20	3/29/21	182		Mirgor	100	1,253	13.221	14.594	1.373	10	18,291	22
3/29/21		5/10/21	42		- cash -
	5/10/21	8/23/21	105		Cresud	100	19,904	0.919	0.845	-0.074	-8	16,814	-25
	8/23/21	9/20/21	28		Ternium Argentina	100	21,304	0.789	0.811	0.021	3	17,271	42
	9/20/21	11/08/21	49		Mirgor	100	623	27.706	32.730	5.024	18	20,400	246
	11/08/21	1/17/22	70		Transener	100	34,869	0.585	0.441	-0.144	-25	15,364	-77
	1/17/22	6/27/22	161		Comercial del Plata	100	283,623	0.054	0.078	0.024	45	22,213	131
6/27/22		7/11/22	14		- cash -
	7/11/22	11/21/22	133		Comercial del Plata	100	202,674	0.110	0.099	-0.011	-10	20,041	-25
	11/21/22	9/18/23	301		YPF	100	1,348	14.863	25.767	10.904	73	34,741	95
	9/18/23	12/25/23	98		Aluar	100	19,859	1.749	1.062	-0.687	-39	21,097	-84
	12/25/23	4/22/24	119		Transener	100	15,940	1.323	1.323	-0.000	0	21,094	0
	4/22/24	8/12/24	112		Banco Macro	100	3,483	6.055	6.819	0.765	13	23,756	47
accum	1/02/06	8/12/24	5479	days out of 7054 invested (78%)						138		23,756	6

Instrument Related Contribution

instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	total
Edenor	long	9/23/13	12/01/14	434	0.22	0.65	0.44	200.31
		11/14/16	6/05/17	203	1.16	1.42	0.27	23.07
		4/09/18	7/02/18	84	2.32	1.35	-0.97	-41.94	114.60
Mirgor		7/31/06	8/07/06	7	2.55	2.48	-0.07	-2.62
		8/14/06	9/04/06	21	2.58	2.52	-0.07	-2.52
		9/11/06	3/19/07	189	2.44	3.59	1.15	46.85
		8/17/09	8/31/09	14	3.01	2.65	-0.36	-11.87
		3/29/10	5/24/10	56	5.39	4.20	-1.18	-21.95
		6/10/13	9/09/13	91	5.41	5.29	-0.12	-2.20
		2/29/16	11/14/16	259	17.80	22.07	4.27	23.99
		12/09/19	2/17/20	70	8.99	11.77	2.78	30.97
		9/28/20	3/29/21	182	13.22	14.59	1.37	10.38
		9/20/21	11/08/21	49	27.71	32.73	5.02	18.13	98.56
YPF		11/21/22	9/18/23	301	14.86	25.77	10.90	73.37	73.37
Banco Macro		1/02/06	5/29/06	147	1.57	1.71	0.14	9.00
		8/31/09	3/29/10	210	1.57	2.18	0.61	39.06
		7/19/10	11/22/10	126	2.74	3.58	0.84	30.69
		6/10/19	8/19/19	70	5.11	3.58	-1.53	-29.95
		4/22/24	8/12/24	112	6.05	6.82	0.76	12.63	56.28
Ternium Argentina		4/20/20	9/21/20	154	0.34	0.40	0.06	17.74
		8/23/21	9/20/21	28	0.79	0.81	0.02	2.72	20.94
TGN		2/04/13	6/10/13	126	0.13	0.11	-0.03	-20.76
		6/05/17	4/09/18	308	1.87	2.72	0.84	44.94	14.85
Comercial del Plata		6/22/09	8/17/09	56	0.10	0.09	-0.01	-7.02
		6/08/15	9/14/15	98	0.30	0.28	-0.02	-6.61
		1/17/22	6/27/22	161	0.05	0.08	0.02	44.57
		7/11/22	11/21/22	133	0.11	0.10	-0.01	-9.77	13.26
instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	total
Telecom Argentina		3/19/07	7/16/07	119	3.33	3.33	0.00	0.08
		9/09/13	9/23/13	14	4.64	4.59	-0.06	-1.19	-1.12
IRSA		5/24/10	7/19/10	56	0.94	0.88	-0.06	-6.47	-6.47
Cresud		5/10/21	8/23/21	105	0.92	0.84	-0.07	-8.08	-8.08
BBVA Banco Francés		6/08/09	6/22/09	14	1.11	0.99	-0.12	-10.95	-10.95
Loma Negra		4/22/19	5/13/19	21	2.04	1.79	-0.25	-12.32	-12.32
Gr Fin Galicia		11/22/10	7/25/11	245	1.16	1.02	-0.14	-12.25
		12/24/12	2/04/13	42	0.70	0.69	-0.01	-1.57	-13.63
Pampa Energía		7/16/07	9/10/07	56	0.70	0.60	-0.10	-13.80
		9/14/15	2/29/16	168	0.87	0.83	-0.04	-4.46	-17.64
Transener		11/08/21	1/17/22	70	0.59	0.44	-0.14	-24.69
		12/25/23	4/22/24	119	1.32	1.32	-0.00	-0.01	-24.70
TGS		12/03/18	12/10/18	7	2.71	2.66	-0.06	-2.13
		1/07/19	4/22/19	105	2.64	1.88	-0.76	-28.87	-30.39
Aluar		9/17/07	12/10/07	84	1.41	1.33	-0.08	-5.52
		12/01/14	6/01/15	182	0.74	0.90	0.16	21.54
		7/23/18	8/13/18	21	0.65	0.56	-0.09	-13.61
		11/04/19	11/11/19	7	0.56	0.49	-0.07	-12.23
		9/18/23	12/25/23	98	1.75	1.06	-0.69	-39.27	-47.13

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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