Share-o-matic - Portfolio

Fri, May 10th, 2024, 7:23UTC

Assessment - Photon Photovoltaik-Aktienindex - 5/06/24 - RS = 37

		⇓instrument	freshest		⇓ Δday	5/06/24	⇓ Δwk	8/21/23	prc diff	⇓ Δ37	Curr	∅-RS
		SOM Price Index	2,813.510	Thu	1.40	2,838.030	-0.86	3,781.330	-943.300	-24.95	USD	-19.00
	L	Encavis	16.990	Thu	0.24	16.910	0.47	13.315	3.595	27.00	EUR	20.29
	L	First Solar	193.610	Thu	1.52	193.810	-0.10	181.700	12.110	6.66	USD	15.20
		Sino-American Sili	194.000	Thu	0.52	197.000	-1.52	153.500	43.500	28.34	TWD	12.17
		Nextracker	43.200	Thu	-1.21	46.890	-7.87	37.240	9.650	25.91	USD	10.51
	L	Neoen	30.580	Thu	1.06	29.880	2.34	26.500	3.380	12.75	EUR	10.46
	L	Scatec	79.500	Wed	2.98	76.750	3.58	73.100	3.650	4.99	NOK	9.21
	L	Flat Glass	18.780	Thu	4.45	18.520	1.40	19.520	-1.000	-5.12	HKD	7.49
		Grenergy Renovables	28.750	Thu	1.23	27.900	3.05	24.460	3.440	14.06	EUR	6.85
		ReNew Energy Global	6.010	Thu	-0.17	6.360	-5.50	5.810	0.550	9.47	USD	6.22
	L	Xinyi Solar	5.860	Thu	5.78	5.760	1.74	6.510	-0.750	-11.52	HKD	2.95
		Enlight Renewable	6,754.000	Thu	1.06	6,425.000	5.12	6,358.000	67.000	1.05	ILS	1.96
	L	GCL Poly Energy	1.320	Thu	5.60	1.260	4.76	1.300	-0.040	-3.08	HKD	-2.55
		West Holdings	2,859.000	Thu	-1.75	2,843.000	0.56	2,446.000	397.000	16.23	JPY	-2.56
	L	Enphase Energy	111.130	Thu	-1.09	115.080	-3.43	130.160	-15.080	-11.59	USD	-6.11
		Sunrun	12.410	Thu	7.82	11.990	3.50	13.800	-1.810	-13.12	USD	-12.55
	L	Voltalia	8.710	Thu	2.96	8.340	4.44	15.660	-7.320	-46.74	EUR	-15.57
	S	Altus Power	4.550	Thu	1.56	4.420	2.94	6.110	-1.690	-27.66	USD	-18.25
		JinkoSolar	26.110	Thu	2.75	25.710	1.56	34.110	-8.400	-24.63	USD	-18.81
	L	Array Tech	12.510	Thu		13.740	-8.95	20.740	-7.000	-33.75	USD	-19.06
	L	United Renewable	11.400	Thu	-0.87	11.750	-2.98	16.300	-4.550	-27.91	TWD	-20.74
	S	BCPG	6.650	Thu	-1.48	6.750	-1.48	10.000	-3.250	-32.50	THB	-21.44
	L	SMA Solar	46.900	Thu	0.60	49.440	-5.14	73.100	-23.660	-32.37	EUR	-22.15
		Solaria Energía	11.000	Thu	0.92	10.320	6.59	13.025	-2.705	-20.77	EUR	-22.67
	L	Xinte Energy	9.200	Thu	3.25	9.090	1.21	13.920	-4.830	-34.70	HKD	-24.71
		⇓instrument	freshest		⇓ Δday	5/06/24	⇓ Δwk	8/21/23	prc diff	⇓ Δ37	Curr	∅-RS
		Canadian Solar	17.280	Thu	-1.82	17.360	-0.46	30.760	-13.400	-43.56	USD	-29.38
		Daqo New Energy	18.990	Thu	2.21	19.020	-0.16	34.790	-15.770	-45.33	USD	-31.61
	L	SolarEdge	52.670	Thu	-8.48	60.070	-12.32	163.000	-102.930	-63.15	USD	-41.32
	S	Shoals Technologies	7.675	Thu	2.20	8.850	-13.28	19.120	-10.270	-53.71	USD	-44.55
	L	SunPower	2.370	Thu	7.73	2.360	0.42	7.120	-4.760	-66.85	USD	-49.35
	S	Sunnova Energy	4.330	Thu	5.35	4.670	-7.28	12.730	-8.060	-63.32	USD	-52.12
PPVX - 30 out of 30 instruments rated - 5/06/24 / 8/21/23 - 10 did rise, Market-Ratio(37) = 33.33 %

Technical Chart

	PPVX RS = 37 - B/S = 52/31

1/06/20	scale up chart	5/06/24

Transactions Photon Photovoltaik-Aktienindex * A37 - 52/31 (1)

														⇐
L/S	date buy	date sell	days		instrument	spl	pieces	Curr	prc buy	prc sell	ps short	prc diff	d %	asset	yield
1/02/06		11/13/06	315		- cash -
short	11/13/06	2/05/07	84		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		SunPower	100	258	USD	45.790	82.650		36.860	80	21,354	53
short	6/23/08	7/06/09	378		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		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		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		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		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		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		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		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		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		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		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		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		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		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		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		Array Tech	100	19,615,973	USD	20.500	20.450		-0.050	0	401m	-1
short	12/19/22	1/16/23	28		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		First Solar	100	1,693,933	USD	180.190	164.280		-15.910	-9	278m	-62
short	2/20/23	5/08/24	443		Scatec	100	3,815,181	NOK	72.940	79.500	66.380	-6.560	-9	253m	-7
accum	11/13/06	5/08/24	6388	days out of 6703 invested (95%)								2,532,417		253m	78

Instrument Related Contribution

instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %	total
SFCE	long	1/14/13	10/06/14	630	0.58	7.76		7.18	1,237.93
	short	7/27/15	7/03/17	707	2.65	0.44	15.96	13.31	502.27	7,957.98
Enphase Energy	long	4/29/19	9/20/21	875	10.21	152.44		142.23	1,393.05	1,393.05
REC Silicon	short	7/18/11	1/14/13	546	72.60	11.90	442.92	370.32	510.08
	short	5/11/15	6/29/15	49	17.77	17.28	18.27	0.50	2.84	527.38
JA Solar Energy	short	6/23/08	7/06/09	378	87.60	18.90	406.02	318.42	363.49	363.49
SunPower	long	2/05/07	6/23/08	504	45.79	82.65		36.86	80.50	80.50
SMA Solar	short	10/06/14	4/20/15	196	19.80	14.68	26.71	6.91	34.88	34.88
Encavis	long	4/20/15	5/11/15	21	6.45	6.81		0.36	5.60
	long	6/29/15	7/27/15	28	6.37	7.41		1.04	16.31	22.82
GCL Poly Energy	long	7/06/09	7/18/11	742	2.63	4.05		1.42	53.99
	long	11/22/21	12/20/21	28	3.45	2.33		-1.12	-32.46	4.00
Beijing Energy	short	11/13/06	2/05/07	84	0.15	0.13	0.18	0.03	18.44
	long	7/03/17	7/16/18	378	1.03	0.54		-0.49	-47.57
	short	7/16/18	4/29/19	287	0.54	0.34	0.87	0.33	61.19	0.09
Array Tech	long	8/22/22	12/19/22	119	20.50	20.45		-0.05	-0.24	-0.24
Scatec	short	9/20/21	11/22/21	63	165.70	162.25	169.22	3.52	2.13
	short	2/20/23	5/08/24	443	72.94	79.50	66.38	-6.56	-8.99	-7.06
First Solar	long	1/16/23	2/20/23	35	180.19	164.28		-15.91	-8.83	-8.83
Flat Glass	short	12/19/22	1/16/23	28	18.36	22.75	13.97	-4.39	-23.91	-23.91
Daqo New Energy	short	12/20/21	8/22/22	245	38.05	62.29	13.81	-24.24	-63.71	-63.71

Annotations

4/22/24	PPVX	Voltalia replaces Meyer Burger
11/13/23	PPVX	Altus Power replaces Maxeon
2/10/23	PPVX	Nextracker replaces Beijing Energy
2/06/23	Enlight Renewable	reverse split 10:1 (one for ten)
9/25/22	PPVX	Maxeon Solar Technologies replaces Azure Power Global
10/29/21	PPVX	ReNew Energy Global replaces Soltec Power
7/29/21	United Renewable	reverse stock split 0.5658:1
7/23/21	PPVX	Xinte Energy replaces Maxeon
6/25/21	PPVX	Enlight Renewable Energy and Flat Glass Group replace Solarpack and Renesola
4/01/21	GCL Poly Energy	suspended
2/05/21	PPVX	Shoals Technologies Group replaces SPCG
1/25/21	PPVX	Grenergy Renovables and ReneSola replace Motech Industries and Shinsung E&G
11/17/20	Daqo New Energy	stock split 1:5 (five for one)
10/31/20	PPVX	Soltec Power replaces REC Silicon
10/23/20	PPVX	Array Technologies and REC Silicon replace 7C Solarparken and Tainergy
10/08/20	PPVX	Tainergy Tech replaces Vivint Solar (acquired by Sunrun)
9/21/20	PPVX	Motech Industries and Shinsung E&G replace China Shuifa Singyes and Thai Solar Energy
3/27/20	PPVX	China Singyes Solar and Edisun Power Europe replace Motech and Terraform Power
12/28/19	PPVX	Motech replaces SFCE
11/08/19	PPVX	Neoen replaces REC Silicon
7/29/19	PPVX	Sunnova replaces Shinsung E&G
2/16/19	PPVX	7C Solarparken replaces China Singyes Solar
12/10/18	PPVX	SFCE and Solarapack replace Motech Industries and Green Energy Technology
10/01/18	PPVX	Thai Solar Energy returns for Gintech Energy (merger with Neo Solar Power)
7/20/18	PPVX	West Holdings replaces JA Solar
7/17/18	PPVX	JA Solar exits due to becoming private (mergered with JASO Acquisition Holding as wholly owner)
6/25/18	Green Energy T	returns replacing 8point3
6/21/18	8point3	drops out due to acquisition by Capital Dynamics
5/18/18	PPVX	Enphase Energy replaces Thai Solar Energy PCL (exit due to low stock market value)
2/27/18	Capital Stage	renames into Encavis (ENergy + CApital + VISion)
2/16/18	PPVX	Solaria Energía replaces SFCE (market value falls below exit threshold)
12/30/17	PPVX	Vivint Solar replaces TerraForm Global (acquired by Brookfield Asset Management)
8/11/17	PPVX	Shinsung E&G replaces Green Energy Technology
3/14/17	PPVX	Azure Power Global replaces Trina Solar
11/25/16	PPVX	Thai Solar Energy replaces SolarCity (acquired by Tesla)
11/04/16	PPVX	SPCG replaces SPI
10/08/16	Chorus	is replaced by BCPG
8/08/16	Capital Stage	acquires Chorus Clean Energy
6/03/16	PPVX	complete analysis - all techniques have been refreshed using new market composition
6/02/16	Solarenergie	Change 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.
1/01/16	Sunrun	recording started
8/18/15	Solarenergie	complete analysis
7/01/15	Scatec Solar	monitoring started
3/14/15	Solar Energy	first complete analysis


	is taking down something concerning