RS Chart
Assessment - Photon Photovoltaik-Aktienindex - 7/01/24 - RS = 37
 ⇐ 
  instrument freshest Δday 7/01/24 Δwk 10/16/23  prc diff Δ37  Curr ∅-RS
real-time RS chart chart L add note SOM Price Index 2,446.250  8/12 -1.07 2,588.580 -5.50 3,342.500 -753.920 -22.56  USD -14.31 
real-time RS chart chart L add note First Solar 219.230  8/12 3.51 222.710 -1.56 151.290 71.420 47.21  USD 53.49 
real-time RS chart chart L add note Nextracker 38.980  8/12 -2.01 46.120 -15.48 34.170 11.950 34.97  USD 32.31 
real-time RS chart chart L add note Neoen 38.380  8/12 -0.10 37.340 2.79 24.640 12.700 51.54  EUR 31.70 
real-time RS chart chart L add note Grenergy Renovables 34.450  8/12 1.32 34.450 18.690 15.760 84.32  EUR 25.07 
real-time RS chart chart L add note Scatec 84.600  8/12 -1.46 85.900 -1.51 57.350 28.550 49.78  NOK 23.23 
real-time RS chart chart add note Encavis 17.000  8/12 16.900 0.59 12.305 4.595 37.34  EUR 20.38 
real-time RS chart chart L add note Sino-American Sili 188.000  8/12 0.80 222.000 -15.32 166.000 56.000 33.73  TWD 17.34 
real-time RS chart chart L add note Voltalia 10.180  8/12 -0.97 9.180 10.89 9.100 0.080 0.88  EUR 7.16 
real-time RS chart chart L add note GCL Poly Energy 1.140  8/12 1.160 -1.72 1.360 -0.200 -14.71  HKD 4.29 
real-time RS chart chart add note ReNew Energy Global 5.880  8/12 -0.84 6.080 -3.29 5.580 0.500 8.96  USD 2.27 
real-time RS chart chart L add note Enphase Energy 109.110  8/12 1.16 97.260 12.18 127.110 -29.850 -23.48  USD 2.00 
real-time RS chart chart L add note Enlight Renewable 6,019.000  8/12 -3.23 5,595.000 7.58 5,240.000 355.000 6.77  ILS 1.84 
real-time RS chart chart L add note Sunrun 17.330  8/12 -3.13 10.915 58.77 11.930 -1.015 -8.51  USD -4.22 
real-time RS chart chart add note West Holdings 2,142.000  8/09 -1.38 2,485.000 -13.80 3,495.000 -1,010.000 -28.90  JPY -7.06 
real-time RS chart chart L add note Solaria Energía 11.050  8/12 1.47 11.600 -4.74 14.270 -2.670 -18.71  EUR -7.39 
real-time RS chart chart L add note United Renewable 11.300  8/12 0.89 13.250 -14.72 14.000 -0.750 -5.36  TWD -16.13 
real-time RS chart chart S add note Flat Glass 11.680  8/12 -3.63 11.500 1.57 16.880 -5.380 -31.87  HKD -17.71 
real-time RS chart chart add note Altus Power 2.940  8/12 -6.96 3.730 -21.18 5.370 -1.640 -30.54  USD -19.15 
real-time RS chart chart add note Xinyi Solar 3.530  8/12 0.28 3.930 -10.18 5.540 -1.610 -29.06  HKD -19.77 
real-time RS chart chart L add note JinkoSolar 18.850  8/12 -3.48 20.570 -8.36 30.600 -10.030 -32.78  USD -20.77 
real-time RS chart chart L add note Xinte Energy 7.540  8/12 1.62 8.100 -6.91 15.040 -6.940 -46.14  HKD -22.14 
real-time RS chart chart L add note Array Tech 7.030  8/12 -0.99 9.570 -26.54 18.670 -9.100 -48.74  USD -22.33 
real-time RS chart chart add note Daqo New Energy 16.060  8/12 -4.74 14.310 12.23 26.270 -11.960 -45.53  USD -26.64 
real-time RS chart chart L add note Canadian Solar 13.200  8/12 -2.51 14.010 -5.78 22.650 -8.640 -38.15  USD -27.00 
  instrument freshest Δday 7/01/24 Δwk 10/16/23  prc diff Δ37  Curr ∅-RS
real-time RS chart chart add note BCPG 5.550  8/09 6.250 -11.20 8.800 -2.550 -28.98  THB -27.09 
real-time RS chart chart S add note SMA Solar 21.900  8/12 -1.26 26.480 -17.30 64.350 -37.870 -58.85  EUR -30.04 
real-time RS chart chart L add note SunPower 0.200  8/12 -4.76 2.710 -92.62 5.790 -3.080 -53.20  USD -34.59 
real-time RS chart chart L add note Sunnova Energy 6.620  8/12 -4.47 5.230 26.58 10.530 -5.300 -50.33  USD -39.06 
real-time RS chart chart S add note Shoals Technologies 5.130  8/12 0.20 6.110 -16.04 15.800 -9.690 -61.33  USD -51.10 
real-time RS chart chart S add note SolarEdge 21.440  8/12 1.13 23.970 -10.55 123.600 -99.630 -80.61  USD -55.38 
 PPVX - 30 out of 30 instruments rated - 7/01/24 / 10/16/23 - 10 did rise, Market-Ratio(37) = 33.33 % 
 
Technical Chart
PPVX RS = 37 - B/S = 52/31
Market Chart
1/06/20 scale up chart 7/01/24
 


Transactions Photon Photovoltaik-Aktienindex * A37 - 52/31 (1)
 ⇐ 
L/Sdate buy date selldays instrumentsplpieces Currprc buyprc sellps shortprc diffd %assetyield 
1/02/06 11/13/06 315    - cash -
short 11/13/06   2/05/07 84  RT RS QC  Beijing Energy 100  64,935  HKD 0.154  0.130 0.182  0.028 18  11,844 109  
long 2/05/07   6/23/08 504  RT RS QC  SunPower 100  258  USD 45.790  82.650    36.860 80  21,354 53  
short 6/23/08   7/06/09 378  RT RS QC  JA Solar Energy 100  243  USD 87.600  18.900 406.019  318.419 363  98,730 340  
long 7/06/09   7/18/11 742  RT RS QC  GCL Poly Energy 100  37,539  HKD 2.630  4.050    1.420 54  152,035 24  
short 7/18/11   1/14/13 546  RT RS QC  REC Silicon 100  2,094  NOK 72.600  11.900 442.921  370.321 510  927,487 235  
long 1/14/13  10/06/14 630  RT RS QC  SFCE 100  1,599,116  HKD 0.580  7.760    7.180 1,238  12,409,140 349  
short 10/06/14   4/20/15 196  RT RS QC  SMA Solar 100  626,724  EUR 19.800  14.680 26.706  6.906 35  16,737,108 75  
long 4/20/15   5/11/15 21  RT RS QC  Encavis 100  2,595,705  EUR 6.448  6.809    0.361 6  17,674,158 158  
short 5/11/15   6/29/15 49  RT RS QC  REC Silicon 100  994,606  NOK 17.770  17.280 18.274  0.504 3  18,175,340 23  
long 6/29/15   7/27/15 28  RT RS QC  Encavis 100  2,853,271  EUR 6.370  7.409    1.039 16  21,139,888 617  
short 7/27/15   7/03/17 707  RT RS QC  SFCE 100  7,977,316  HKD 2.650  0.440 15.960  13.310 502  127m 153  
long 7/03/17   7/16/18 378  RT RS QC  Beijing Energy 100  123,611,222  HKD 1.030  0.540    -0.490 -48  66,750,061 -46  
short 7/16/18   4/29/19 287  RT RS QC  Beijing Energy 100  123,611,223  HKD 0.540  0.335 0.870  0.330 61  108m 84  
long 4/29/19   9/20/21 875  RT RS QC  Enphase Energy 100  10,537,826  USD 10.210  152.440    142.230 1,393  1,606m 209  
short 9/20/21  11/22/21 63  RT RS QC  Scatec 100  9,694,545  NOK 165.700  162.250 169.223  3.523 2  1,641m 13  
long 11/22/21  12/20/21 28  RT RS QC  GCL Poly Energy 100  475,519,988  HKD 3.450  2.330    -1.120 -32  1,108m -99  
short 12/20/21   8/22/22 245  RT RS QC  Daqo New Energy 100  29,118,569  USD 38.050  62.290 13.810  -24.240 -64  402m -78  
long 8/22/22  12/19/22 119  RT RS QC  Array Tech 100  19,615,973  USD 20.500  20.450    -0.050 0  401m -1  
short 12/19/22   1/16/23 28  RT RS QC  Flat Glass 100  21,848,946  HKD 18.360  22.750 13.970  -4.390 -24  305m -97  
long 1/16/23   2/20/23 35  RT RS QC  First Solar 100  1,693,933  USD 180.190  164.280    -15.910 -9  278m -62  
short 2/20/23   8/12/24 539  RT RS QC  Scatec 100  3,815,181  NOK 72.940  84.600 61.280  -11.660 -16  234m -11  
accum11/13/06 8/12/246571 days out of 6886 invested (95%) 2,337,843 234m 75  

Instrument Related Contribution
 instrumentL/Sdate buy date selldaysprc buyprc sellps shortprc diffd %total 
 SFCElong  1/14/13 10/06/146300.587.767.18 1,237.93 
 short  7/27/15  7/03/177072.650.4415.9613.31 502.277,957.98 
 Enphase Energylong  4/29/19  9/20/2187510.21152.44142.23 1,393.051,393.05 
 REC Siliconshort  7/18/11  1/14/1354672.6011.90442.92370.32 510.08 
 short  5/11/15  6/29/154917.7717.2818.270.50 2.84527.38 
 JA Solar Energyshort  6/23/08  7/06/0937887.6018.90406.02318.42 363.49363.49 
 SunPowerlong  2/05/07  6/23/0850445.7982.6536.86 80.5080.50 
 SMA Solarshort 10/06/14  4/20/1519619.8014.6826.716.91 34.8834.88 
 Encavislong  4/20/15  5/11/15216.456.810.36 5.60 
 long  6/29/15  7/27/15286.377.411.04 16.3122.82 
 GCL Poly Energylong  7/06/09  7/18/117422.634.051.42 53.99 
 long 11/22/21 12/20/21283.452.33-1.12 -32.464.00 
 Beijing Energyshort 11/13/06  2/05/07840.150.130.180.03 18.44 
 long  7/03/17  7/16/183781.030.54-0.49 -47.57 
 short  7/16/18  4/29/192870.540.340.870.33 61.190.09 
 Array Techlong  8/22/22 12/19/2211920.5020.45-0.05 -0.24-0.24 
 First Solarlong  1/16/23  2/20/2335180.19164.28-15.91 -8.83-8.83 
 Scatecshort  9/20/21 11/22/2163165.70162.25169.223.52 2.13 
 short  2/20/23  8/12/2453972.9484.6061.28-11.66 -15.99-14.20 
 Flat Glassshort 12/19/22  1/16/232818.3622.7513.97-4.39 -23.91-23.91 
 Daqo New Energyshort 12/20/21  8/22/2224538.0562.2913.81-24.24 -63.71-63.71 


Annotations
4/22/24PPVXVoltalia replaces Meyer Burger
11/13/23PPVXAltus Power replaces Maxeon
2/10/23PPVXNextracker replaces Beijing Energy
2/06/23Enlight Renewablereverse split 10:1 (one for ten)
9/25/22PPVXMaxeon Solar Technologies replaces Azure Power Global
10/29/21PPVXReNew Energy Global replaces Soltec Power
7/29/21United Renewablereverse stock split 0.5658:1
7/23/21PPVXXinte Energy replaces Maxeon
6/25/21PPVXEnlight Renewable Energy and Flat Glass Group replace Solarpack and Renesola
4/01/21GCL Poly Energysuspended
2/05/21PPVXShoals Technologies Group replaces SPCG
1/25/21PPVXGrenergy Renovables and ReneSola replace Motech Industries and Shinsung E&G
11/17/20Daqo New Energystock split 1:5 (five for one)
10/31/20PPVXSoltec Power replaces REC Silicon
10/23/20PPVXArray Technologies and REC Silicon replace 7C Solarparken and Tainergy
10/08/20PPVXTainergy Tech replaces Vivint Solar (acquired by Sunrun)
9/21/20PPVXMotech Industries and Shinsung E&G replace China Shuifa Singyes and Thai Solar Energy
3/27/20PPVXChina Singyes Solar and Edisun Power Europe replace Motech and Terraform Power
12/28/19PPVXMotech replaces SFCE
11/08/19PPVXNeoen replaces REC Silicon
7/29/19PPVXSunnova replaces Shinsung E&G
2/16/19PPVX7C Solarparken replaces China Singyes Solar
12/10/18PPVXSFCE and Solarapack replace Motech Industries and Green Energy Technology
10/01/18PPVXThai Solar Energy returns for Gintech Energy (merger with Neo Solar Power)
7/20/18PPVXWest Holdings replaces JA Solar
7/17/18PPVXJA Solar exits due to becoming private (mergered with JASO Acquisition Holding as wholly owner)
6/25/18Green Energy Treturns replacing 8point3
6/21/188point3drops out due to acquisition by Capital Dynamics
5/18/18PPVXEnphase Energy replaces Thai Solar Energy PCL (exit due to low stock market value)
2/27/18Capital Stagerenames into Encavis (ENergy + CApital + VISion)
2/16/18PPVXSolaria Energía replaces SFCE (market value falls below exit threshold)
12/30/17PPVXVivint Solar replaces TerraForm Global (acquired by Brookfield Asset Management)
8/11/17PPVXShinsung E&G replaces Green Energy Technology
3/14/17PPVXAzure Power Global replaces Trina Solar
11/25/16PPVXThai Solar Energy replaces SolarCity (acquired by Tesla)
11/04/16PPVXSPCG replaces SPI
10/08/16Chorusis replaced by BCPG
8/08/16Capital Stageacquires Chorus Clean Energy
6/03/16PPVXcomplete analysis - all techniques have been refreshed using new market composition
6/02/16SolarenergieChange Of Composition
This market matches the PPVX (Photon Photovoltaiics Stock Index) regarding composition now.
The PPVX is a cooperation of PHOTON International GmbH, Berlin
and Öko-Invest-Verlags-GmbH, Vienna.
The index here is not the original PPVX but the Share-o-matic standard index,
an equal weighted price index in USD starting in 2005 at 100 points.
The standard techniques have been re-calculated, best practice analysis is in progress.
1/01/16Sunrunrecording started
8/18/15Solarenergiecomplete analysis
7/01/15Scatec Solarmonitoring started
3/14/15Solar Energyfirst complete analysis