in the accumulative model one would say no by definition (because provenance can't really be broken, it can only be added to).
All conversions include the loss of data information. This is true whether its making the initial conversion from an analog electrical current in the sensor to digital, or within digital from one file type to another. The final loss is when converting the digital representation into a physical object. To my way of thinking, provenance is part of that data info loss.