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

Assessment - MerVal - 9/16/19 - RS = 27

		⇓instrument	freshest		⇓ Δday	9/16/19	⇓ Δwk	3/11/19	prc diff	⇓ Δ27	∅-RS
	S	Merval	30,150.200	Tue	-1.35	30,561.300	-1.35	33,834.900	-3,273.600	-9.68	-7.70
	L	Petrobras	520.750	Tue	-0.78	524.850	-0.78	309.500	215.350	69.58	72.88
	L	Tenaris	785.350	Tue	-2.46	805.150	-2.46	529.750	275.400	51.99	49.01
	L	Ternium Argentina	15.000	Tue	-3.23	15.500	-3.23	14.550	0.950	6.53	10.41
		Telecom Argentina	134.400	Tue	-2.18	137.400	-2.18	117.100	20.300	17.34	6.77
		Gr Fin Valores	6.350	Tue	-0.31	6.370	-0.31	6.760	-0.390	-5.77	4.13
		YPF	615.750	Tue	-2.29	630.200	-2.29	550.150	80.050	14.55	4.05
		Mirgor	329.000	Tue	-0.75	331.500	-0.75	377.000	-45.500	-12.07	-1.04
		Holcim (Argentina)	64.000	Tue	-1.69	65.100	-1.69	72.000	-6.900	-9.58	-2.81
	S	Phoenix Global Res	10.000	Tue	0.10	9.990	0.10	12.400	-2.410	-19.44	-4.55
	S	Pampa Energía	44.750	Tue	-1.65	45.500	-1.65	49.100	-3.600	-7.33	-5.21
	S	Cresud	40.950	Tue	-2.38	41.950	-2.38	48.300	-6.350	-13.15	-7.82
	S	Loma Negra	75.350	Tue	-0.72	75.900	-0.72	87.950	-12.050	-13.70	-8.26
	S	Banco Macro	172.750	Tue	-2.76	177.650	-2.76	187.400	-9.750	-5.20	-8.69
	S	TGN	48.700	Tue	1.67	47.900	1.67	69.000	-21.100	-30.58	-17.49
		MetroGAS	17.600	Tue	-1.68	17.900	-1.68	26.800	-8.900	-33.21	-20.34
	S	BBVA Banco Francés	103.850	Tue	0.39	103.450	0.39	140.750	-37.300	-26.50	-23.79
	S	Gr Fin Galicia	83.850	Tue	1.57	82.550	1.57	117.400	-34.850	-29.68	-24.77
	S	Cablevisión	181.000	Tue	2.40	176.750	2.40	253.000	-76.250	-30.14	-25.90
	S	Agrometal	9.090	Tue	6.32	8.550	6.32	12.600	-4.050	-32.14	-26.48
	S	Supervielle	40.850	Tue	0.25	40.750	0.25	67.000	-26.250	-39.18	-30.13
	S	Bolsas y Mercados	217.000	Tue	-1.48	220.250	-1.48	347.500	-127.250	-36.62	-32.88
	S	Ecogas	19.850	Tue	-2.46	20.350	-2.46	39.700	-19.350	-48.74	-34.82
	S	Central Puerto	21.350	Tue	-2.29	21.850	-2.29	39.200	-17.350	-44.26	-36.91
	S	Edenor	26.700	Tue	7.01	24.950	7.01	50.400	-25.450	-50.50	-38.15
		⇓instrument	freshest		⇓ Δday	9/16/19	⇓ Δwk	3/11/19	prc diff	⇓ Δ27	∅-RS
	S	Comercial del Plata	1.640	Tue	1.23	1.620	1.23	3.250	-1.630	-50.15	-43.39
MerVal - 25 out of 25 instruments rated - 9/16/19 / 3/11/19 - 5 did rise, Market-Ratio(27) = 20.00 %
Stock Exchange Currency: ARS $ Argentine peso

Technical Chart

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

1/05/15	scale up chart	9/16/19

Transactions MerVal * 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	8/21/06	112		Comercial del Plata	100	24,390	0.410	0.310	0.542	0.132	32	13,227	149
8/21/06		9/04/06	14		- cash -
	9/04/06	10/23/06	49		Comercial del Plata	100	41,333	0.320	0.250	0.410	0.090	28	16,930	529
10/23/06		10/30/06	7		- cash -
	10/30/06	11/06/06	7		Comercial del Plata	100	65,116	0.260	0.270	0.250	-0.010	-4	16,279	-87
11/06/06		8/13/07	280		- cash -
	8/13/07	8/20/07	7		Gr Fin Galicia	100	6,782	2.400	2.660	2.140	-0.260	-11	14,516	-100
8/20/07		12/17/07	119		- cash -
	12/17/07	3/10/08	84		BBVA Banco Francés	100	1,792	8.100	8.120	8.080	-0.020	0	14,480	-1
3/10/08		3/17/08	7		- cash -
	3/17/08	4/21/08	35		Cresud	100	3,025	4.786	5.401	4.172	-0.615	-13	12,620	-76
	4/21/08	5/12/08	21		BBVA Banco Francés	100	1,912	6.600	6.850	6.350	-0.250	-4	12,142	-49
	5/12/08	5/19/08	7		Pampa Energía	100	6,745	1.800	1.960	1.640	-0.160	-9	11,063	-99
	5/19/08	5/26/08	7		TGN	100	8,850	1.250	1.360	1.140	-0.110	-9	10,090	-99
	5/26/08	6/30/08	35		BBVA Banco Francés	100	1,574	6.410	5.560	7.390	0.980	15	11,632	341
	6/30/08	7/28/08	28		Edenor	100	7,007	1.660	1.910	1.410	-0.250	-15	9,880	-88
7/28/08		8/04/08	7		- cash -
	8/04/08	12/01/08	119		Edenor	100	5,550	1.780	0.760	4.169	2.389	134	23,139	1,260
	12/01/08	4/27/09	147		Mirgor	100	3,559	6.500	6.983	6.017	-0.483	-7	21,419	-17
4/27/09		5/24/10	392		- cash -
	5/24/10	5/31/10	7		Petrobras	100	303	70.550	71.400	69.700	-0.850	-1	21,161	-47
5/31/10		6/06/11	371		- cash -
	6/06/11	6/13/11	7		Agrometal	100	21,195	0.998	0.960	1.038	0.040	4	22,007	672
6/13/11		6/27/11	14		- cash -
	6/27/11	8/01/11	35		Agrometal	100	20,966	1.050	1.104	0.995	-0.054	-5	20,866	-43
	8/01/11	12/19/11	140		Banco Macro	100	1,563	13.350	9.350	19.061	5.711	43	29,793	153
	12/19/11	3/12/12	84		Gr Fin Galicia	100	10,308	2.890	3.510	2.270	-0.620	-21	23,402	-65
	3/12/12	3/26/12	14		Edenor	100	20,528	1.140	1.040	1.250	0.110	10	25,652	995
3/26/12		4/16/12	21		- cash -
	4/16/12	4/23/12	7		Edenor	100	27,289	0.940	0.940	0.940	0.000	0	25,652	0
	4/23/12	7/09/12	77		YPF	100	328	78.150	86.900	69.400	-8.750	-11	22,782	-43
	7/09/12	7/23/12	14		TGN	100	51,776	0.440	0.565	0.315	-0.125	-28	16,310	-100
	7/23/12	9/17/12	56		Edenor	100	22,971	0.710	0.710	0.710	0.000	0	16,310	0
	9/17/12	11/05/12	49		Pampa Energía	100	17,350	0.940	0.900	0.982	0.042	4	17,035	38
11/05/12		11/19/12	14		- cash -
	11/19/12	11/26/12	7		TGN	100	45,305	0.376	0.450	0.302	-0.074	-20	13,682	-100
L/S	date buy	date sell	days		instrument	spl	pieces	prc buy	prc sell	ps short	prc diff	d %	asset	yield
11/26/12		7/22/13	238		- cash -
	7/22/13	8/12/13	21		Comercial del Plata	100	28,505	0.480	0.490	0.470	-0.010	-2	13,397	-31
8/12/13		9/21/15	770		- cash -
	9/21/15	10/26/15	35		Petrobras	100	423	31.600	34.250	28.950	-2.650	-8	12,276	-60
10/26/15		5/23/16	210		- cash -
	5/23/16	5/30/16	7		Comercial del Plata	100	4,307	2.850	2.790	2.911	0.061	2	12,540	203
5/30/16		7/02/18	763		- cash -
	7/02/18	8/13/18	42		Agrometal	100	957	13.100	13.100	13.100	0.000	0	12,540	0
	8/13/18	8/20/18	7		Mirgor	100	41	299.750	343.500	256.000	-43.750	-15	10,747	-100
	8/20/18	9/24/18	35		Supervielle	100	190	56.500	65.350	47.650	-8.850	-16	9,065	-83
9/24/18		10/08/18	14		- cash -
	10/08/18	10/29/18	21		Supervielle	100	163	55.450	59.700	51.200	-4.250	-8	8,372	-75
	10/29/18	11/05/18	7		Holcim (Argentina)	100	184	45.400	52.900	37.900	-7.500	-17	6,992	-100
	11/05/18	11/12/18	7		Mirgor	100	20	342.150	307.000	381.325	39.175	11	7,776	28,396
11/12/18		11/26/18	14		- cash -
	11/26/18	12/03/18	7		Mirgor	100	25	304.400	326.050	282.750	-21.650	-7	7,235	-98
12/03/18		12/10/18	7		- cash -
	12/10/18	12/31/18	21		MetroGAS	100	253	28.500	26.500	30.651	2.151	8	7,779	254
12/31/18		3/25/19	84		- cash -
	3/25/19	5/06/19	42		MetroGAS	100	353	22.000	19.400	24.949	2.949	13	8,820	198
5/06/19		8/19/19	105		- cash -
	8/19/19	9/17/19	29		Comercial del Plata	100	6,391	1.380	1.640	1.120	-0.260	-19	7,158	-93
accum	5/01/06	9/17/19	1437	days out of 5007 invested (29%)							-28		7,158	-8

Instrument Related Contribution

instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %	total
Edenor	short	6/30/08	7/28/08	28	1.66	1.91	1.41	-0.25	-15.06
		8/04/08	12/01/08	119	1.78	0.76	4.17	2.39	134.21
		3/12/12	3/26/12	14	1.14	1.04	1.25	0.11	9.61
		4/16/12	4/23/12	7	0.94	0.94	0.94	0.00	0.00
		7/23/12	9/17/12	56	0.71	0.71	0.71	0.00	0.00	118.06
Banco Macro		8/01/11	12/19/11	140	13.35	9.35	19.06	5.71	42.78	42.78
Comercial del Plata		5/01/06	8/21/06	112	0.41	0.31	0.54	0.13	32.27
		9/04/06	10/23/06	49	0.32	0.25	0.41	0.09	28.00
		10/30/06	11/06/06	7	0.26	0.27	0.25	-0.01	-3.85
		7/22/13	8/12/13	21	0.48	0.49	0.47	-0.01	-2.08
		5/23/16	5/30/16	7	2.85	2.79	2.91	0.06	2.15
		8/19/19	9/17/19	29	1.38	1.64	1.12	-0.26	-18.84	32.15
MetroGAS		12/10/18	12/31/18	21	28.50	26.50	30.65	2.15	7.55
		3/25/19	5/06/19	42	22.00	19.40	24.95	2.95	13.40	21.96
BBVA Banco Francés		12/17/07	3/10/08	84	8.10	8.12	8.08	-0.02	-0.25
		4/21/08	5/12/08	21	6.60	6.85	6.35	-0.25	-3.79
		5/26/08	6/30/08	35	6.41	5.56	7.39	0.98	15.29	10.65
Agrometal		6/06/11	6/13/11	7	1.00	0.96	1.04	0.04	4.00
		6/27/11	8/01/11	35	1.05	1.10	1.00	-0.05	-5.18
		7/02/18	8/13/18	42	13.10	13.10	13.10	0.00	0.00	-1.39
Pampa Energía		5/12/08	5/19/08	7	1.80	1.96	1.64	-0.16	-8.89
		9/17/12	11/05/12	49	0.94	0.90	0.98	0.04	4.45	-4.84
Petrobras		5/24/10	5/31/10	7	70.55	71.40	69.70	-0.85	-1.20
		9/21/15	10/26/15	35	31.60	34.25	28.95	-2.65	-8.39	-9.49
YPF		4/23/12	7/09/12	77	78.15	86.90	69.40	-8.75	-11.20	-11.20
instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %	total
Cresud		3/17/08	4/21/08	35	4.79	5.40	4.17	-0.61	-12.84	-12.84
Holcim (Argentina)		10/29/18	11/05/18	7	45.40	52.90	37.90	-7.50	-16.52	-16.52
Mirgor		12/01/08	4/27/09	147	6.50	6.98	6.02	-0.48	-7.44
		8/13/18	8/20/18	7	299.75	343.50	256.00	-43.75	-14.60
		11/05/18	11/12/18	7	342.15	307.00	381.32	39.17	11.45
		11/26/18	12/03/18	7	304.40	326.05	282.75	-21.65	-7.11	-18.16
Supervielle		8/20/18	9/24/18	35	56.50	65.35	47.65	-8.85	-15.66
		10/08/18	10/29/18	21	55.45	59.70	51.20	-4.25	-7.66	-22.13
Gr Fin Galicia		8/13/07	8/20/07	7	2.40	2.66	2.14	-0.26	-10.83
		12/19/11	3/12/12	84	2.89	3.51	2.27	-0.62	-21.45	-29.96
TGN		5/19/08	5/26/08	7	1.25	1.36	1.14	-0.11	-8.80
		7/09/12	7/23/12	14	0.44	0.57	0.32	-0.13	-28.41
		11/19/12	11/26/12	7	0.38	0.45	0.30	-0.07	-19.68	-47.56

Annotations

10/25/16

Mirgor

stock split 1:3 (three for one)


	is taking down something concerning