Share-o-matic - Performance

Assessment - Photon Photovoltaik-Aktienindex in Japanese yen - 1/31/22 - RS = 37

historical assessment - show freshest

		instrument	freshest		⇓ Δday	1/31/22	⇓ Δwk	5/17/21	prc diff	⇓ Δ37	⇓∅-RS
	L	SOM Price Index	281,542.936	8/12/24	-1.07	432,205.956		408,779.402	23,426.554	5.73	-14.44
		Altus Power	338.369	8/12/24	-6.96	829.811		1,065.785	-235.975	-22.14	-24.26
	L	Array Tech	809.094	8/12/24	-0.99	1,213.066		1,554.498	-341.432	-21.96	-43.34
		BCPG	19.237	8/09/24		41.941		47.175	-5.234	-11.10	-11.38
	L	Canadian Solar	1,519.210	8/12/24	-2.51	3,221.415		3,938.060	-716.645	-18.20	-24.46
		Daqo New Energy	1,848.372	8/12/24	-4.74	4,617.477		7,771.397	-3,153.920	-40.58	-33.05
		Encavis	2,195.669	8/12/24		1,791.408		2,028.142	-236.734	-11.67	-14.79
	L	Enlight Renewable	219,182.359	8/12/24	-3.23	259,275.361		209,884.511	49,390.850	23.53	9.53
	L	Enphase Energy	12,557.649	8/12/24	1.16	16,166.923		12,918.147	3,248.776	25.15	-12.30
	L	First Solar	25,231.541	8/12/24	3.51	9,020.883		7,805.214	1,215.669	15.58	-8.07
	S	Flat Glass	172.451	8/12/24	-3.63	456.966		297.160	159.807	53.78	6.04
	L	GCL Poly Energy	16.832	8/12/24		34.549		27.819	6.730	24.19	9.47
	L	Grenergy Renovables	4,449.459	8/12/24	1.32	3,241.841		3,581.415	-339.574	-9.48	-17.32
	L	JinkoSolar	2,169.478	8/12/24	-3.48	5,078.994		3,320.625	1,758.369	52.95	0.27
	L	Neoen	4,957.046	8/12/24	-0.10	4,058.113		4,382.591	-324.478	-7.40	-16.92
	L	Nextracker	4,486.272	8/12/24	-2.01						-na-
		ReNew Energy Global	676.739	8/12/24	-0.84	731.983		1,075.603	-343.620	-31.95	-29.19
	L	Scatec	1,093.468	8/12/24	-1.46	1,681.562		2,736.366	-1,054.804	-38.55	-32.00
	S	Shoals Technologies	590.420	8/12/24	0.20	1,940.445		2,365.018	-424.573	-17.95	-40.65
	L	Sino-American Sili	777.456	8/12/24	0.80	866.368		563.125	303.243	53.85	19.04
	S	SMA Solar	2,828.538	8/12/24	-1.26	4,027.115		5,557.826	-1,530.710	-27.54	-28.81
	S	SolarEdge	2,467.565	8/12/24	1.13	27,417.132		23,782.176	3,634.955	15.28	-10.01
	L	Solaria Energía	1,427.185	8/12/24	1.47	1,989.018		2,067.936	-78.918	-3.82	-8.07
	L	Sunnova Energy	761.907	8/12/24	-4.47	2,262.702		2,901.729	-639.027	-22.02	-39.97
	L	SunPower	23.018	8/12/24	-4.76	1,931.238		2,394.472	-463.234	-19.35	-32.48
		instrument	freshest		⇓ Δday	1/31/22	⇓ Δwk	5/17/21	prc diff	⇓ Δ37	⇓∅-RS
	L	Sunrun	1,994.538	8/12/24	-3.13	2,984.326		4,363.502	-1,379.176	-31.61	-42.62
	L	United Renewable	46.730	8/12/24	0.89	82.708		80.652	2.057	2.55	-7.78
	L	Voltalia	1,314.818	8/12/24	-0.97	2,118.175		2,891.661	-773.486	-26.75	-24.38
		West Holdings	2,142.000	8/09/24	-1.38	3,420.000		3,015.000	405.000	13.43	-19.68
	L	Xinte Energy	111.326	8/12/24	1.62	211.430		224.521	-13.091	-5.83	-16.78
		Xinyi Solar	52.119	8/12/24	0.28	183.082		164.948	18.134	10.99	-12.48
PPVX - 29 out of 30 instruments rated - 1/31/22 / 5/17/21 - 11 did rise, Market-Ratio(37) in JPY = 37.93 %

Technical Chart

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

1/03/22	scale up chart	7/01/24

Transactions Photon Photovoltaik-Aktienindex in Japanese yen * A37 - 52/31 (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		11/13/06	315		- cash -
short	11/13/06	2/05/07	84		Beijing Energy	100	4,302	2.324	2.017	2.678	0.354	15	11,521	85
long	2/05/07	6/23/08	504		SunPower	100	2	5,546.588	8,871.358		3,324.770	60	18,171	41
short	6/23/08	7/06/09	378		JA Solar Energy	100	1	9,402.673	1,815.233	48,704.640	39,301.967	418	57,473	389
long	7/06/09	7/18/11	742		GCL Poly Energy	100	1,762	32.608	41.116		8.508	26	72,464	12
short	7/18/11	1/14/13	546		REC Silicon	100	70	1,034.004	191.926	5,570.722	4,536.718	439	390,034	208
long	1/14/13	10/06/14	630		SFCE	100	58,452	6.673	108.819		102.147	1,531	6,360,718	404
short	10/06/14	4/20/15	196		SMA Solar	100	2,334	2,725.074	1,879.040	3,952.033	1,226.959	45	9,224,441	100
long	4/20/15	5/11/15	21		Encavis	100	11,176	825.344	912.270		86.926	11	10,195,924	470
short	5/11/15	6/29/15	49		REC Silicon	100	36,154	282.011	269.508	295.095	13.083	5	10,668,935	40
long	6/29/15	7/27/15	28		Encavis	100	12,161	877.270	1,013.188		135.918	15	12,321,835	554
short	7/27/15	7/03/17	707		SFCE	100	292,335	42.150	6.391	277.979	235.829	560	81,263,033	165
long	7/03/17	7/16/18	378		Beijing Energy	100	5,431,658	14.961	7.729		-7.232	-48	41,979,615	-47
short	7/16/18	4/29/19	287		Beijing Energy	100	5,431,658	7.729	4.778	12.502	4.774	62	67,907,680	84
long	4/29/19	9/20/21	875		Enphase Energy	100	59,471	1,141.851	16,671.277		15,529.426	1,360	991m	206
short	9/20/21	11/22/21	63		Scatec	100	477,901	2,074.607	2,088.770	2,060.444	-14.163	-1	985m	-4
long	11/22/21	12/20/21	28		GCL Poly Energy	100	19,344,402	50.903	33.900		-17.003	-33	656m	-100
short	12/20/21	8/22/22	245		Daqo New Energy	100	151,938	4,316.074	8,560.084	72.065	-4,244.010	-98	10,949,844	-100
long	8/22/22	12/19/22	119		Array Tech	100	3,886	2,817.173	2,795.974		-21.199	-1	10,867,465	-2
short	12/19/22	1/16/23	28		Flat Glass	100	33,667	322.790	374.886	270.694	-52.096	-16	9,113,562	-90
long	1/16/23	2/20/23	35		First Solar	100	393	23,179.613	22,045.918		-1,133.696	-5	8,668,020	-41
short	2/20/23	8/12/24	539		Scatec	100	9,061	956.541	1,280.601	632.482	-324.060	-34	5,731,716	-24
accum	11/13/06	8/12/24	7020	days out of 7335 invested (96%)							57,217		5,731,716	39

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	6.67	108.82		102.15	1,530.82
	short	7/27/15	7/03/17	707	42.15	6.39	277.98	235.83	559.50	10,655.31
Enphase Energy	long	4/29/19	9/20/21	875	1,141.85	16,671.28		15,529.43	1,360.02	1,360.02
REC Silicon	short	7/18/11	1/14/13	546	1,034.00	191.93	5,570.72	4,536.72	438.75
	short	5/11/15	6/29/15	49	282.01	269.51	295.09	13.08	4.64	463.75
JA Solar Energy	short	6/23/08	7/06/09	378	9,402.67	1,815.23	48,704.64	39,301.97	417.99	417.99
SunPower	long	2/05/07	6/23/08	504	5,546.59	8,871.36		3,324.77	59.94	59.94
SMA Solar	short	10/06/14	4/20/15	196	2,725.07	1,879.04	3,952.03	1,226.96	45.02	45.02
Encavis	long	4/20/15	5/11/15	21	825.34	912.27		86.93	10.53
	long	6/29/15	7/27/15	28	877.27	1,013.19		135.92	15.49	27.66
Array Tech	long	8/22/22	12/19/22	119	2,817.17	2,795.97		-21.20	-0.75	-0.75
Beijing Energy	short	11/13/06	2/05/07	84	2.32	2.02	2.68	0.35	15.22
	long	7/03/17	7/16/18	378	14.96	7.73		-7.23	-48.34
	short	7/16/18	4/29/19	287	7.73	4.78	12.50	4.77	61.76	-3.72
First Solar	long	1/16/23	2/20/23	35	23,179.61	22,045.92		-1,133.70	-4.89	-4.89
GCL Poly Energy	long	7/06/09	7/18/11	742	32.61	41.12		8.51	26.09
	long	11/22/21	12/20/21	28	50.90	33.90		-17.00	-33.40	-16.03
Flat Glass	short	12/19/22	1/16/23	28	322.79	374.89	270.69	-52.10	-16.14	-16.14
Scatec	short	9/20/21	11/22/21	63	2,074.61	2,088.77	2,060.44	-14.16	-0.68
	short	2/20/23	8/12/24	539	956.54	1,280.60	632.48	-324.06	-33.88	-34.33
Daqo New Energy	short	12/20/21	8/22/22	245	4,316.07	8,560.08	72.06	-4,244.01	-98.33	-98.33

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


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