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

Assessment - MerVal - 7/01/24 - RS = 27

		⇓instrument	freshest		⇓ Δday	7/01/24	⇓ Δwk	12/25/23	prc diff	⇓ Δ27	∅-RS
		Merval	1,588,910.000	8/12	0.32	1,594,730.000	-0.36	948,474.000	646,256.000	68.14	107.28
		Banco Macro	6,680.000	8/12	0.91	7,224.600	-7.54	2,880.400	4,344.200	150.82	234.40
		Supervielle	1,775.000	8/12	1.14	1,728.550	2.69	844.900	883.650	104.59	224.39
		Gr Fin Galicia	4,170.000	8/12	0.48	3,951.900	5.52	1,756.150	2,195.750	125.03	184.46
		BBVA Banco Francés	4,025.000	8/12	0.75	3,972.600	1.32	1,854.550	2,118.050	114.21	169.17
	L	TGN	2,915.000	8/12	-1.19	2,963.500	-1.64	1,698.500	1,265.000	74.48	158.17
	L	Comercial del Plata	237.750	8/12	4.28	194.250	22.39	72.700	121.550	167.19	158.01
		Transener	1,690.000	8/12	-3.43	1,730.500	-2.34	1,173.000	557.500	47.53	152.72
		Bolsas y Mercados	287.500	8/12		351.000	-18.09	178.300	172.700	96.86	146.13
	L	TGS	5,040.000	8/12	0.20	5,073.100	-0.65	2,930.050	2,143.050	73.14	110.04
		YPF	27,475.000	8/12	1.85	27,390.400	0.31	16,866.600	10,523.800	62.39	100.19
		Banco de Valores	341.000	8/12	-0.15	350.500	-2.71	226.750	123.750	54.58	88.21
		Central Puerto	1,175.000	8/12	1.73	1,219.650	-3.66	921.850	297.800	32.30	87.31
	L	Mirgor	18,850.000	8/12	-1.57	19,497.000	-3.32	10,671.500	8,825.500	82.70	76.71
		IRSA	1,275.000	8/12	0.39	1,191.500	7.01	822.100	369.400	44.93	74.37
		Telecom Argentina	1,810.000	8/12	-0.82	1,939.950	-6.70	1,496.700	443.250	29.62	70.25
		Edenor	1,095.000	8/12	-0.90	1,069.950	2.34	938.400	131.550	14.02	67.86
		Pampa Energía	2,650.000	8/12	0.57	2,424.400	9.31	1,949.050	475.350	24.39	60.66
		Loma Negra	1,750.000	8/12	-2.23	1,856.800	-5.75	1,320.300	536.500	40.63	58.30
		Cresud	1,010.000	8/12	-1.94	1,108.800	-8.91	931.350	177.450	19.05	49.93
		Ternium Argentina	886.000	8/12	-2.32	1,016.000	-12.80	845.500	170.500	20.17	29.09
		Aluar	926.000	8/12	-2.73	1,014.500	-8.72	941.500	73.000	7.75	23.07
MerVal - 21 out of 21 instruments rated - 7/01/24 / 12/25/23 - 21 did rise, Market-Ratio(27) = 100.00 %
Stock Exchange Currency: ARS $ Argentine peso

Technical Chart

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

1/06/20	scale up chart	7/01/24

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	7/31/06	91		Comercial del Plata	100	24,390	0.410	0.320	0.525	0.115	28	12,812	170
7/31/06		9/04/06	35		- cash -
	9/04/06	9/18/06	14		Comercial del Plata	100	40,038	0.320	0.310	0.330	0.010	3	13,225	128
9/18/06		8/20/07	336		- cash -
	8/20/07	9/03/07	14		YPF	100	119	111.000	125.000	97.000	-14.000	-13	11,559	-97
9/03/07		12/03/07	91		- cash -
	12/03/07	1/21/08	49		Banco Macro	100	1,453	7.950	7.490	8.438	0.488	6	12,268	56
	1/21/08	2/11/08	21		Gr Fin Galicia	100	6,227	1.970	2.180	1.760	-0.210	-11	10,960	-86
	2/11/08	5/26/08	105		TGS	100	3,648	3.004	2.947	3.063	0.059	2	11,175	7
	5/26/08	6/16/08	21		BBVA Banco Francés	100	1,743	6.410	5.670	7.247	0.837	13	12,633	743
	6/16/08	12/01/08	168		Edenor	100	6,192	2.040	0.760	5.476	3.436	168	33,908	754
	12/01/08	4/27/09	147		Mirgor	100	5,216	6.500	6.983	6.017	-0.483	-7	31,387	-17
4/27/09		5/30/11	763		- cash -
	5/30/11	12/19/11	203		Banco Macro	100	2,258	13.900	9.350	20.664	6.764	49	46,661	104
	12/19/11	2/13/12	56		Gr Fin Galicia	100	16,145	2.890	3.610	2.170	-0.720	-25	35,036	-85
	2/13/12	3/26/12	42		Aluar	100	12,380	2.830	2.650	3.022	0.192	7	37,416	77
3/26/12		4/02/12	7		- cash -
	4/02/12	4/09/12	7		Edenor	100	38,179	0.980	0.970	0.990	0.010	1	37,801	71
4/09/12		4/16/12	7		- cash -
	4/16/12	10/08/12	175		Edenor	100	40,214	0.940	0.710	1.245	0.305	32	50,046	80
	10/08/12	11/26/12	49		Pampa Energía	100	53,813	0.930	0.820	1.055	0.125	13	56,762	155
11/26/12		12/03/12	7		- cash -
	12/03/12	12/10/12	7		Pampa Energía	100	68,388	0.830	0.810	0.851	0.021	2	58,164	257
12/10/12		8/05/13	238		- cash -
	8/05/13	8/12/13	7		Comercial del Plata	100	121,175	0.480	0.490	0.470	-0.010	-2	56,952	-67
8/12/13		9/21/15	770		- cash -
	9/21/15	10/26/15	35		YPF	100	220	258.000	271.000	245.000	-13.000	-5	54,092	-42
10/26/15		5/09/16	196		- cash -
	5/09/16	5/23/16	14		Cresud	100	3,753	14.409	16.122	12.696	-1.713	-12	47,664	-96
	5/23/16	6/06/16	14		Comercial del Plata	100	16,724	2.850	2.750	2.954	0.104	4	49,397	154
6/06/16		9/05/16	91		- cash -
	9/05/16	9/12/16	7		Comercial del Plata	100	16,302	3.030	3.040	3.020	-0.010	0	49,234	-16
9/12/16		6/18/18	644		- cash -
	6/18/18	6/25/18	7		Supervielle	100	668	73.600	67.200	80.610	7.010	10	53,916	11,384
6/25/18		7/02/18	7		- cash -
	7/02/18	9/24/18	84		Mirgor	100	172	312.900	396.950	228.850	-84.050	-27	39,459	-74
9/24/18		10/08/18	14		- cash -
	10/08/18	11/05/18	28		Supervielle	100	711	55.450	62.950	47.950	-7.500	-14	34,127	-85
11/05/18		11/26/18	21		- cash -
	11/26/18	12/03/18	7		Mirgor	100	112	304.400	326.050	282.750	-21.650	-7	31,702	-98
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	97	323.750	305.250	343.371	19.621	6	33,605	2,050
12/24/18		3/25/19	91		- cash -
	3/25/19	5/06/19	42		Supervielle	100	603	55.650	52.000	59.556	3.906	7	35,961	80
5/06/19		5/13/19	7		- cash -
	5/13/19	5/20/19	7		Supervielle	100	765	47.000	49.700	44.300	-2.700	-6	33,895	-95
5/20/19		6/10/19	21		- cash -
	6/10/19	6/17/19	7		IRSA	100	806	42.031	44.687	39.374	-2.657	-6	31,754	-97
6/17/19		8/12/19	56		- cash -
	8/12/19	9/30/19	49		Comercial del Plata	100	16,538	1.920	1.610	2.290	0.370	19	37,868	271
	9/30/19	10/28/19	28		Transener	100	1,807	20.950	19.200	22.860	1.910	9	41,318	212
10/28/19		11/11/19	14		- cash -
	11/11/19	12/09/19	28		Edenor	100	2,209	18.700	20.950	16.450	-2.250	-12	36,348	-81
12/09/19		2/10/20	63		- cash -
	2/10/20	2/17/20	7		TGN	100	966	37.600	34.000	41.581	3.981	11	40,194	18,916
2/17/20		3/23/20	35		- cash -
	3/23/20	4/27/20	35		TGN	100	1,891	21.250	21.950	20.550	-0.700	-3	38,870	-29
4/27/20		4/26/21	364		- cash -
	4/26/21	5/10/21	14		Telecom Argentina	100	278	139.550	145.250	133.850	-5.700	-4	37,286	-66
5/10/21		5/09/22	364		- cash -
	5/09/22	5/30/22	21		Supervielle	100	549	67.900	78.400	57.400	-10.500	-15	31,521	-95
5/30/22		11/23/24	908		- cash -
accum	5/01/06	5/30/22	1617	days out of 6900 invested (23%)							215		31,521	30

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	2.04	0.76	5.48	3.44	168.42
		4/02/12	4/09/12	7	0.98	0.97	0.99	0.01	1.03
		4/16/12	10/08/12	175	0.94	0.71	1.24	0.30	32.39
		11/11/19	12/09/19	28	18.70	20.95	16.45	-2.25	-12.03	215.84
Comercial del Plata		5/01/06	7/31/06	91	0.41	0.32	0.53	0.12	28.12
		9/04/06	9/18/06	14	0.32	0.31	0.33	0.01	3.22
		8/05/13	8/12/13	7	0.48	0.49	0.47	-0.01	-2.08
		5/23/16	6/06/16	14	2.85	2.75	2.95	0.10	3.64
		9/05/16	9/12/16	7	3.03	3.04	3.02	-0.01	-0.33
		8/12/19	9/30/19	49	1.92	1.61	2.29	0.37	19.26	59.51
Banco Macro		12/03/07	1/21/08	49	7.95	7.49	8.44	0.49	6.14
		5/30/11	12/19/11	203	13.90	9.35	20.66	6.76	48.66	57.79
Pampa Energía		10/08/12	11/26/12	49	0.93	0.82	1.05	0.12	13.42
		12/03/12	12/10/12	7	0.83	0.81	0.85	0.02	2.47	16.22
BBVA Banco Francés		5/26/08	6/16/08	21	6.41	5.67	7.25	0.84	13.05	13.05
Transener		9/30/19	10/28/19	28	20.95	19.20	22.86	1.91	9.11	9.11
TGN		2/10/20	2/17/20	7	37.60	34.00	41.58	3.98	10.59
		3/23/20	4/27/20	35	21.25	21.95	20.55	-0.70	-3.29	6.95
Aluar		2/13/12	3/26/12	42	2.83	2.65	3.02	0.19	6.79	6.79
TGS		2/11/08	5/26/08	105	3.00	2.95	3.06	0.06	1.96	1.96
Telecom Argentina		4/26/21	5/10/21	14	139.55	145.25	133.85	-5.70	-4.08	-4.08
IRSA		6/10/19	6/17/19	7	42.03	44.69	39.37	-2.66	-6.32	-6.32
Cresud		5/09/16	5/23/16	14	14.41	16.12	12.70	-1.71	-11.89	-11.89
YPF		8/20/07	9/03/07	14	111.00	125.00	97.00	-14.00	-12.61
		9/21/15	10/26/15	35	258.00	271.00	245.00	-13.00	-5.04	-17.02
instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %	total
Supervielle		6/18/18	6/25/18	7	73.60	67.20	80.61	7.01	9.52
		10/08/18	11/05/18	28	55.45	62.95	47.95	-7.50	-13.53
		3/25/19	5/06/19	42	55.65	52.00	59.56	3.91	7.02
		5/13/19	5/20/19	7	47.00	49.70	44.30	-2.70	-5.74
		5/09/22	5/30/22	21	67.90	78.40	57.40	-10.50	-15.46	-19.24
Gr Fin Galicia		1/21/08	2/11/08	21	1.97	2.18	1.76	-0.21	-10.66
		12/19/11	2/13/12	56	2.89	3.61	2.17	-0.72	-24.91	-32.92
Mirgor		12/01/08	4/27/09	147	6.50	6.98	6.02	-0.48	-7.44
		7/02/18	9/24/18	84	312.90	396.95	228.85	-84.05	-26.86
		11/26/18	12/03/18	7	304.40	326.05	282.75	-21.65	-7.11
		12/17/18	12/24/18	7	323.75	305.25	343.37	19.62	6.06	-33.30

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)


	is taking down something concerning