Fixed Term UVA
One of the most relevant instruments in recent times are UVA credits. The expectation that there will be a devaluation shock dissipated and investors once again turned to the dollar towards longer-term instruments. This was reflected in the growth of the UVA fixed-term stock, which was close to $200,000 million, according to the latest data from the Central Bank (BCRA) on March 8. This data represented an increase of 22% compared to the levels at which the year began (on December 30, 2021, it stood at $163,707 million. The growth of UVA fixed terms is higher than traditional fixed terms despite the fact that The Central Bank validated two rate hikes in 2022. Even with the increases, they were unable to provide inflation coverage.
The UVA fixed term offers the possibility of obtaining interest generated by a fixed rate and a variable component determined by inflation. It is adjusted based on the CER index (Reference Stabilization Coefficient) reported daily by the BCRA based on the variation in the CPI with a 30-day lag. Placements are for at least 90 days.
With the latest data from INDEC, it is expected that UVA fixed terms will continue to beat traditional ones at least until March and April according to the Central Bank’s Survey of Market Expectations.
According to the latest Invest Online report, a good option was the CEDEARS. CEDEARS are financial assets in the local market that represent shares of companies listed abroad. In this sense, ByMA offers certificates from companies such as Apple and Tesla, among others. The most recommended by Invest Online were: the metal sector company Us Street Corporation (X) that advanced 15.9% last February, the hydrocarbon company Vista Oil & Gas (VIST) whose cedar increased 15.6% and the company producing Yamana Gold (AUY) climbed 8.3% last month.
In the case of the rise of both US Street Corporation and Yamana Gold, the rises are motivated by the conflict between Russia and Ukraine with the rally in raw materials.
How to operate with CEDEARS: To invest in a Cedear it is necessary to have an active client account that allows operating in the capital market. It is possible to add one to the one we already have in a bank or create a new one through a brokerage firm, as long as it is officially listed on the market.
For Christian Reos, Research Manager at Allaria Ledesma, he considers that using the Cedear allows “having exposure to regions that are totally different from what the Argentine economy is” and highlights that “in this way a small investor can invest and diversify his portfolio like a big one would.” “The attraction of the Cedear is that one with pesos can invest in world-class companies and is protected by the dollar”, remarks Paulino Seoane, Mr. Sales & Trader of Balanz.
When choosing a Cedear, the decision goes through, as with any action, to detect which sectors are promising based on global variables and the country in which it is invested.
On the other hand, it is important to take into account the evolution of the exchange rate, because this investment will imply a way to hedge in hard currency against the exchange risk, which is high in our country.
cryptocurrencies
The annual rate of inflation exceeding 50% has become the necessary stimulus for the adoption of cryptocurrencies. However, with a bearish market, many are still wondering if this asset class still has the ability to protect us from inflation. But there are at least three options that allow us to think of a good performance
Solarium
Solana cryptocurrency (SOL) is one of the promises. Its peculiarity is that it is considered a blockchain network superior to the rest of the available projects such as Ethereum (ETH) or Terra (LUNA). This is because the completion of smart contracts occurs at a rate of 50,000 transactions per second. On an annual level, Solana’s price is positive – for this same date it was worth US$14 while at today’s price it is US$80). In the last quarter, its price fell after hitting a maximum and for analysts it is still a product of “high risk and high reward”. However, this year the cryptocurrency is going to have advances.
Solana increased its user base by 300% since its last update in September of last year and peaked at 299,000 at the end of January. In a complex context like this, the increase in active users is a good sign for any blockchain. This is why Solana can have its ups and downs, but it is a good investment for the whole year. In 2021, SOL gave a profit of 96%, which promises for this year.
Polkadot
Polkadot is a state-of-the-art protocol that connects multiple specialized blockchains into a unified network. Designed as part of a broader vision of a network that returns control over Internet monopolies to individuals, Polkadot builds on the revolutionary promise of previous blockchain networks, offering several fundamental advantages over them.
DOT grew 244% in 2021. In February 2021, according to Bloomberg, several large banks invested in Polkadot’s first Exchange Traded Product (ETP). This, they point out in the commented text, is a perfect way to enter the digital asset market without having to buy cryptocurrencies directly.
For Jonathan Morgan, forex trader and Quora’s most viewed analyst, Polkadot (DOT) is poised to outperform Ethereum (ETH) in valuation and rise as much as 50% as ETH fails to break above key levels.
land
Since last week, Terra (LUNA) witnessed a couple of magnificent spikes that showed the asset trending towards $100. Currently, the asset after a slight pullback is back on track towards the slightly higher target of just $100.
LUNA price is currently experiencing a huge uptrend after forming a couple of bearish hammers, the price recorded a large bullish candle. There are currently a lot of crazy bets being made on the asset that is more focused on its fundamentals. Despite having suffered multiple pullbacks, the asset is one of the bullish assets over time. And thus, the asset is poised to hit not just a 3-digit figure, but much more.
LUNA price maintains a notable uptrend, reaching the required resistance levels. Once the asset experiences a significant rise, the possibility of the asset exploding is imminent. Therefore, the possibility of the asset lighting up a significant high season for the year 2022 as well.
Source: Ambito
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