RS Chart
Assessment - Photon Photovoltaik-Aktienindex - 3/25/24 - RS = 26
 ⇐ 
  instrument freshest Δday 3/25/24 Δwk 9/25/23  prc diff Δ26  Curr ∅-RS
real-time RS chart chart add note SOM Price Index 3,108.450  09:36 0.11 2,975.030 4.48 3,595.790 -620.760 -17.26  USD -19.63 
real-time RS chart chart add note Nextracker 57.960  Wed 2.28 60.125 -3.60 40.390 19.735 48.86  USD 48.47 
real-time RS chart chart L add note Sino-American Sili 215.000  05:30 -3.80 220.000 -2.27 160.500 59.500 37.07  TWD 29.41 
real-time RS chart chart L add note Encavis 16.860  Wed -0.06 16.880 -0.12 12.760 4.120 32.29  EUR 20.94 
real-time RS chart chart L add note Flat Glass 19.020  08:08 -3.45 18.880 0.74 16.940 1.940 11.45  HKD 7.97 
real-time RS chart chart L add note Xinyi Solar 6.060  08:08 1.17 6.160 -1.62 5.530 0.630 11.39  HKD 5.91 
real-time RS chart chart add note Scatec 72.150  Wed -0.28 73.000 -1.16 62.800 10.200 16.24  NOK 4.20 
real-time RS chart chart add note Enlight Renewable 6,348.000  06:12 1.08 6,419.000 -1.11 6,340.000 79.000 1.25  ILS 2.26 
real-time RS chart chart add note ReNew Energy Global 6.000  Wed 2.04 5.970 0.50 5.660 0.310 5.48  USD 0.42 
real-time RS chart chart L add note GCL Poly Energy 1.280  08:08 0.79 1.310 -2.29 1.350 -0.040 -2.96  HKD -3.74 
real-time RS chart chart add note Neoen 25.700  09:10 0.16 25.500 0.78 28.000 -2.500 -8.93  EUR -5.73 
real-time RS chart chart S add note West Holdings 2,866.000  06:15 0.92 2,782.000 3.02 3,220.000 -438.000 -13.60  JPY -6.05 
real-time RS chart chart S add note Grenergy Renovables 24.480  08:58 -1.05 24.640 -0.65 22.800 1.840 8.07  EUR -6.43 
real-time RS chart chart L add note First Solar 167.450  Wed 9.33 154.770 8.19 164.340 -9.570 -5.82  USD -9.67 
real-time RS chart chart L add note Daqo New Energy 26.710  Wed 1.40 26.590 0.45 30.110 -3.520 -11.69  USD -10.32 
real-time RS chart chart add note Enphase Energy 119.800  Wed 9.56 111.050 7.88 121.100 -10.050 -8.30  USD -14.22 
real-time RS chart chart add note Altus Power 4.770  Wed 6.95 4.590 3.92 5.450 -0.860 -15.78  USD -17.08 
real-time RS chart chart L add note SMA Solar 56.650  Wed 3.09 53.900 5.10 63.000 -9.100 -14.44  EUR -20.90 
real-time RS chart chart add note Array Tech 15.100  Wed 6.94 13.800 9.42 23.140 -9.340 -40.36  USD -23.18 
real-time RS chart chart L add note Xinte Energy 10.460  08:08 3.77 9.900 5.66 14.960 -5.060 -33.82  HKD -24.46 
real-time RS chart chart S add note BCPG 6.750  09:36 0.75 6.750 9.950 -3.200 -32.16  THB -25.16 
real-time RS chart chart S add note Sunrun 13.100  Wed 16.13 10.890 20.29 12.750 -1.860 -14.59  USD -25.58 
real-time RS chart chart S add note United Renewable 11.400  05:30 1.33 11.550 -1.30 14.850 -3.300 -22.22  TWD -27.02 
real-time RS chart chart S add note Solaria Energía 10.215  Wed 2.66 9.964 2.52 13.800 -3.836 -27.80  EUR -29.69 
real-time RS chart chart add note Canadian Solar 19.400  Wed 7.90 18.360 5.66 25.200 -6.840 -27.14  USD -32.40 
  instrument freshest Δday 3/25/24 Δwk 9/25/23  prc diff Δ26  Curr ∅-RS
real-time RS chart chart add note Shoals Technologies 11.760  Wed 5.57 11.790 -0.25 20.240 -8.450 -41.75  USD -33.90 
real-time RS chart chart add note JinkoSolar 24.740  Wed 9.91 22.170 11.59 26.540 -4.370 -16.47  USD -35.73 
real-time RS chart chart L add note SolarEdge 69.690  Wed 9.87 64.020 8.86 131.870 -67.850 -51.45  USD -46.81 
real-time RS chart chart S add note Sunnova Energy 5.970  Wed 7.37 5.390 10.76 10.950 -5.560 -50.78  USD -54.46 
real-time RS chart chart S add note SunPower 2.870  Wed 15.26 2.570 11.67 6.100 -3.530 -57.87  USD -54.85 
real-time RS chart chart S add note Meyer Burger 0.032  09:12 1.58 0.024 31.97 0.363 -0.339 -93.28  CHF -88.84 
 PPVX - 30 out of 30 instruments rated - 3/25/24 / 9/25/23 - 9 did rise, Market-Ratio(26) = 30.00 % 
 
Technical Chart
PPVX RS = 26 - B/S = 60/40
Market Chart
1/06/20 scale up chart 3/25/24
 


Transactions Photon Photovoltaik-Aktienindex * 26 - 60/40 (1)
 ⇐ 
L/Sdate buy date selldays instrumentsplpieces Currprc buyprc sellps shortprc diffd %assetyield 
1/02/06 3/13/06 70    - cash -
short 3/13/06   3/20/06 7  RT RS QC  Beijing Energy 100  58,479  HKD 0.171  0.162 0.181  0.009 6  10,556 1,576  
long 3/20/06   7/24/06 126  RT RS QC  Motech Industries 100  19  TWD 555.030  557.310    2.280 0  10,599 1  
short 7/24/06  11/20/06 119  RT RS QC  Beijing Energy 100  75,706  HKD 0.140  0.143 0.137  -0.003 -2  10,372 -6  
long 11/20/06   3/03/08 469  RT RS QC  Encavis 100  5,416  EUR 1.915  1.818    -0.097 -5  9,846 -4  
short 3/03/08   8/04/08 154  RT RS QC  JA Solar Energy 100  140  USD 69.950  75.800 64.100  -5.850 -8  9,027 -19  
long 8/04/08   9/22/08 49  RT RS QC  Canadian Solar 100  333  USD 27.040  25.300    -1.740 -6  8,448 -39  
short 9/22/08   5/11/09 231  RT RS QC  JA Solar Energy 100  137  USD 61.450  15.550 242.836  181.386 295  33,298 777  
long 5/11/09  11/23/09 196  RT RS QC  GCL Poly Energy 100  21,622  HKD 1.540  2.530    0.990 64  54,704 152  
short 11/23/09   1/11/10 49  RT RS QC  REC Silicon 100  206  NOK 265.500  299.600 231.400  -34.100 -13  47,679 -64  
long 1/11/10   1/18/10 7  RT RS QC  Canadian Solar 100  1,464  USD 32.560  26.320    -6.240 -19  38,544 -100  
short 1/18/10   2/22/10 35  RT RS QC  REC Silicon 100  148  NOK 258.900  168.400 398.036  139.136 54  59,136 8,771  
long 2/22/10   5/17/10 84  RT RS QC  Canadian Solar 100  2,880  USD 20.530  13.270    -7.260 -35  38,227 -85  
short 5/17/10   8/02/10 77  RT RS QC  SunPower 100  3,167  USD 12.070  12.970 11.170  -0.900 -7  35,377 -31  
long 8/02/10   5/16/11 287  RT RS QC  United Renewable 100  281  TWD 125.656  102.848    -22.808 -18  28,968 -22  
short 5/16/11   1/14/13 609  RT RS QC  Canadian Solar 100  3,104  USD 9.330  4.460 19.518  10.188 109  60,590 56  
long 1/14/13   5/19/14 490  RT RS QC  SFCE 100  104,465  HKD 0.580  10.820    10.240 1,766  1,130,312 784  
short 5/19/14   6/09/14 21  RT RS QC  Beijing Energy 100  1,662,223  HKD 0.680  0.760 0.600  -0.080 -12  997,334 -89  
long 6/09/14   7/14/14 35  RT RS QC  SFCE 100  93,734  HKD 10.640  9.950    -0.690 -6  932,658 -50  
short 7/14/14   4/13/15 273  RT RS QC  Beijing Energy 100  981,744  HKD 0.950  1.260 0.640  -0.310 -33  628,317 -41  
long 4/13/15   8/03/15 112  RT RS QC  Encavis 100  97,670  EUR 6.433  8.212    1.779 28  802,072 122  
short 8/03/15   3/07/16 217  RT RS QC  SFCE 100  299,280  HKD 2.680  1.610 4.461  1.781 66  1,335,119 136  
long 3/07/16   4/04/16 28  RT RS QC  SMA Solar 100  31,728  EUR 42.080  43.225    1.145 3  1,371,448 42  
short 4/04/16   9/04/17 518  RT RS QC  China Shuifa Singyes 100  439,566  HKD 3.120  2.440 3.990  0.870 28  1,753,651 19  
long 9/04/17   6/11/18 280  RT RS QC  SolarEdge 100  64,950  USD 27.000  52.900    25.900 96  3,435,856 140  
short 6/11/18   4/08/19 301  RT RS QC  JinkoSolar 100  274,868  USD 12.500  19.860 5.140  -7.360 -59  1,412,827 -66  
L/Sdate buy date selldays instrumentsplpieces Currprc buyprc sellps shortprc diffd %assetyield 
long 4/08/19   3/16/20 343  RT RS QC  Enphase Energy 100  137,971  USD 10.240  27.450    17.210 168  3,787,308 186  
short 3/16/20   6/01/20 77  RT RS QC  Meyer Burger 100  25,282,430  CHF 0.150  0.175 0.125  -0.025 -16  3,162,832 -57  
long 6/01/20   5/17/21 350  RT RS QC  Enphase Energy 100  52,996  USD 59.680  118.420    58.740 98  6,275,817 104  
short 5/17/21  11/01/21 168  RT RS QC  Neoen 100  189,946  EUR 33.040  40.500 25.580  -7.460 -23  4,858,820 -43  
long 11/01/21  12/20/21 49  RT RS QC  GCL Poly Energy 100  1,349,672  HKD 3.600  2.330    -1.270 -35  3,144,737 -96  
short 12/20/21   7/25/22 217  RT RS QC  Daqo New Energy 100  82,647  USD 38.050  60.370 15.730  -22.320 -59  1,300,055 -77  
long 7/25/22  10/03/22 70  RT RS QC  GCL Poly Energy 100  373,579  HKD 3.480  2.420    -1.060 -30  904,062 -85  
short 10/03/22  11/07/22 35  RT RS QC  Flat Glass 100  47,682  HKD 18.960  22.900 15.020  -3.940 -21  716,195 -91  
long 11/07/22   2/06/23 91  RT RS QC  First Solar 100  4,863  USD 147.250  167.470    20.220 14  814,525 68  
short 2/06/23   4/17/23 70  RT RS QC  ReNew Energy Global 100  145,711  USD 5.590  5.750 5.430  -0.160 -3  791,211 -14  
long 4/17/23   5/08/23 21  RT RS QC  First Solar 100  3,614  USD 218.890  177.460    -41.430 -19  641,483 -97  
short 5/08/23   3/27/24 324  RT RS QC  SunPower 100  56,518  USD 11.350  2.870 44.886  33.536 295  2,536,865 371  
accum 3/13/06 3/27/246590 days out of 6660 invested (99%) 25,269 2,536,865 36  

Instrument Related Contribution
 instrumentL/Sdate buy date selldaysprc buyprc sellps shortprc diffd %total 
 SFCElong  1/14/13  5/19/144900.5810.8210.24 1,765.52 
 long  6/09/14  7/14/143510.649.95-0.69 -6.48 
 short  8/03/15  3/07/162172.681.614.461.78 66.462,803.94 
 Enphase Energylong  4/08/19  3/16/2034310.2427.4517.21 168.07 
 long  6/01/20  5/17/2135059.68118.4258.74 98.42431.91 
 SunPowershort  5/17/10  8/02/107712.0712.9711.17-0.90 -7.46 
 short  5/08/23  3/27/2432411.352.8744.8933.54 295.47265.98 
 JA Solar Energyshort  3/03/08  8/04/0815469.9575.8064.10-5.85 -8.36 
 short  9/22/08  5/11/0923161.4515.55242.84181.39 295.18262.13 
 SolarEdgelong  9/04/17  6/11/1828027.0052.9025.90 95.9395.93 
 REC Siliconshort 11/23/09  1/11/1049265.50299.60231.40-34.10 -12.84 
 short  1/18/10  2/22/1035258.90168.40398.04139.14 53.7434.00 
 China Shuifa Singyesshort  4/04/16  9/04/175183.122.443.990.87 27.8727.87 
 Encavislong 11/20/06  3/03/084691.921.82-0.10 -5.07 
 long  4/13/15  8/03/151126.438.211.78 27.6521.19 
 SMA Solarlong  3/07/16  4/04/162842.0843.231.15 2.722.72 
 Canadian Solarlong  8/04/08  9/22/084927.0425.30-1.74 -6.43 
 long  1/11/10  1/18/10732.5626.32-6.24 -19.16 
 long  2/22/10  5/17/108420.5313.27-7.26 -35.36 
 short  5/16/11  1/14/136099.334.4619.5210.19 109.192.27 
 Motech Industrieslong  3/20/06  7/24/06126555.03557.312.28 0.410.41 
 ReNew Energy Globalshort  2/06/23  4/17/23705.595.755.43-0.16 -2.86-2.86 
 First Solarlong 11/07/22  2/06/2391147.25167.4720.22 13.73 
 long  4/17/23  5/08/2321218.89177.46-41.43 -18.93-7.79 
 Meyer Burgershort  3/16/20  6/01/20770.150.170.13-0.02 -16.49-16.49 
 instrumentL/Sdate buy date selldaysprc buyprc sellps shortprc diffd %total 
 United Renewablelong  8/02/10  5/16/11287125.66102.85-22.81 -18.15-18.15 
 Flat Glassshort 10/03/22 11/07/223518.9622.9015.02-3.94 -20.78-20.78 
 Neoenshort  5/17/21 11/01/2116833.0440.5025.58-7.46 -22.58-22.58 
 GCL Poly Energylong  5/11/09 11/23/091961.542.530.99 64.29 
 long 11/01/21 12/20/21493.602.33-1.27 -35.28 
 long  7/25/22 10/03/22703.482.42-1.06 -30.46-26.06 
 Beijing Energyshort  3/13/06  3/20/0670.170.160.180.01 5.56 
 short  7/24/06 11/20/061190.140.140.14-0.00 -2.14 
 short  5/19/14  6/09/14210.680.760.60-0.08 -11.76 
 short  7/14/14  4/13/152730.951.260.64-0.31 -32.63-38.60 
 Daqo New Energyshort 12/20/21  7/25/2221738.0560.3715.73-22.32 -58.66-58.66 
 JinkoSolarshort  6/11/18  4/08/1930112.5019.865.14-7.36 -58.88-58.88 


Annotations
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