Assessment - Photon Photovoltaik-Aktienindex - 8/15/22 - RS = 26
⇐
⇓ instrument
freshest
⇓ Δday
8/15/22
⇓ Δwk
2/14/22
prc diff
⇓ Δ26
Curr
∅-RS
L
SOM Price Index
5,235.250
14:31
-1.13
5,295.150
-1.13
3,625.200
1,669.950
46.07
USD
21.19
L
Array Tech
22.110
14:30
-3.53
22.920
-3.53
8.890
14.030
157.82
USD
79.15
L
Enphase Energy
292.050
14:30
-3.02
301.130
-3.02
143.930
157.200
109.22
USD
68.10
L
SMA Solar
58.650
Mon
-1.43
58.650
29.580
29.070
98.28
EUR
49.44
L
First Solar
118.185
14:28
-0.03
118.220
-0.03
68.230
49.990
73.27
USD
42.97
L
Encavis
23.310
Mon
5.52
23.310
12.820
10.490
81.83
EUR
38.84
L
Meyer Burger
0.582
09:43
0.43
0.580
0.43
0.316
0.263
83.27
CHF
37.84
L
Daqo New Energy
68.340
14:31
-0.35
68.580
-0.35
38.200
30.380
79.53
USD
37.45
L
SunPower
25.770
14:29
-2.75
26.500
-2.75
15.830
10.670
67.40
USD
32.11
Solaria Energía
23.030
Mon
4.59
23.030
13.570
9.460
69.71
EUR
30.78
L
Shoals Technologies
25.420
14:30
1.48
25.050
1.48
13.790
11.260
81.65
USD
28.43
L
Canadian Solar
40.650
14:31
-1.81
41.400
-1.81
27.360
14.040
51.32
USD
27.91
L
Grenergy Renovables
38.680
09:37
-0.82
39.000
-0.82
23.000
16.000
69.57
EUR
24.60
L
Sunnova Energy
26.575
14:30
-10.76
29.780
-10.76
17.140
12.640
73.75
USD
23.59
JinkoSolar
61.570
14:29
-1.11
62.260
-1.11
39.230
23.030
58.71
USD
23.10
L
Neoen
43.600
09:44
0.07
43.570
0.07
28.420
15.150
53.31
EUR
20.05
L
Sunrun
34.400
14:29
-5.99
36.590
-5.99
22.600
13.990
61.90
USD
18.49
GCL Poly Energy
3.030
08:08
-0.33
3.040
-0.33
2.400
0.640
26.67
HKD
18.24
Xinte Energy
21.150
08:08
-0.24
21.200
-0.24
15.020
6.180
41.15
HKD
15.65
L
SolarEdge
314.560
14:29
-2.97
324.180
-2.97
249.220
74.960
30.08
USD
14.17
L
Enlight Renewable
799.900
Mon
1.38
799.900
669.000
130.900
19.57
ILS
10.73
L
United Renewable
22.250
05:30
-1.55
22.600
-1.55
20.250
2.350
11.60
TWD
5.48
L
ReNew Energy Global
7.505
14:30
0.07
7.500
0.07
6.980
0.520
7.45
USD
-2.74
West Holdings
4,570.000
06:15
2.47
4,460.000
2.47
4,150.000
310.000
7.47
JPY
-7.20
L
Sino-American Sili
163.000
05:30
1.88
160.000
1.88
194.000
-34.000
-17.53
TWD
-9.75
⇓ instrument
freshest
⇓ Δday
8/15/22
⇓ Δwk
2/14/22
prc diff
⇓ Δ26
Curr
∅-RS
S
Panda Green Energy
0.232
08:08
0.43
0.231
0.43
0.285
-0.054
-18.95
HKD
-11.87
L
Scatec
109.800
14:25
-2.01
112.050
-2.01
118.250
-6.200
-5.24
NOK
-11.90
Xinyi Solar
11.980
08:08
11.980
13.520
-1.540
-11.39
HKD
-12.77
BCPG
10.800
09:38
0.93
10.700
0.93
12.800
-2.100
-16.41
THB
-12.99
S
Flat Glass
25.500
08:08
-1.73
25.950
-1.73
28.700
-2.750
-9.58
HKD
-19.61
Azure Power Global
11.920
14:30
-2.69
12.250
-2.69
15.520
-3.270
-21.07
USD
-24.71
PPVX - 30 out of 30 instruments rated - 8/15/22 / 2/14/22 - 23 did rise, Market-Ratio(26) = 76.67 %
Technical Chart
Transactions Photon Photovoltaik-Aktienindex * 26 - 60/40 (2)
⇐
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
3/13/06
70
- cash -
short
3/13/06
3/20/06
7
Encavis
50
3,097
EUR
1.614
1.653
1.575
-0.039
-2
9,879
-72
Panda Green Energy
50
29,248
HKD
0.171
0.162
0.181
0.009
6
10,157
1,576
100
2
125
long
3/20/06
7/24/06
126
Encavis
50
3,072
EUR
1.653
1.381
-0.272
-16
9,321
-41
Motech Industries
50
9
TWD
555.030
557.310
2.280
0
9,342
1
100
-8
-22
short
7/24/06
11/20/06
119
Encavis
50
3,382
EUR
1.381
1.915
0.847
-0.534
-39
7,536
-78
Panda Green Energy
50
33,367
HKD
0.140
0.143
0.137
-0.003
-2
7,436
-6
100
-20
-50
long
11/20/06
3/03/08
469
Encavis
50
1,941
EUR
1.915
1.818
-0.097
-5
7,248
-4
Motech Industries
50
6
TWD
618.290
331.080
-287.210
-46
5,524
-38
100
-26
-21
short
3/03/08
8/04/08
154
REC Silicon
50
3
NOK
902.000
1,070.700
733.300
-168.700
-19
5,018
-39
JA Solar Energy
50
40
USD
69.950
75.800
64.100
-5.850
-8
4,784
-19
100
-13
-29
long
8/04/08
9/22/08
49
First Solar
50
9
USD
257.870
207.130
-50.740
-20
4,328
-80
Canadian Solar
50
91
USD
27.040
25.300
-1.740
-6
4,169
-39
100
-13
-64
short
9/22/08
5/11/09
231
Panda Green Energy
50
2,936
HKD
0.710
0.495
1.018
0.308
43
5,075
77
JA Solar Energy
50
33
USD
61.450
15.550
242.836
181.386
295
11,060
777
100
168
374
long
5/11/09
11/23/09
196
Meyer Burger
50
316
CHF
17.500
23.890
6.390
37
13,080
79
GCL Poly Energy
50
3,591
HKD
1.540
2.530
0.990
64
16,635
152
100
50
114
L/S date buy date sell days instrument spl pieces Curr prc buy prc sell ps short prc diff d % asset yield short
11/23/09
1/11/10
49
SunPower
50
394
USD
21.060
25.780
16.340
-4.720
-22
14,775
-85
REC Silicon
50
31
NOK
265.500
299.600
231.400
-34.100
-13
13,718
-64
100
-18
-76
long
1/11/10
1/18/10
7
SMA Solar
50
70
EUR
97.100
92.450
-4.650
-5
13,393
-92
Canadian Solar
50
212
USD
32.560
26.320
-6.240
-19
12,070
-100
100
-12
-100
short
1/18/10
2/22/10
35
First Solar
50
53
USD
112.390
105.750
119.447
7.057
6
12,444
89
REC Silicon
50
23
NOK
258.900
168.400
398.036
139.136
54
15,644
8,771
100
30
1,443
long
2/22/10
5/17/10
84
SMA Solar
50
91
EUR
85.800
86.650
0.850
1
15,721
4
Canadian Solar
50
381
USD
20.530
13.270
-7.260
-35
12,955
-85
100
-17
-56
short
5/17/10
8/02/10
77
SunPower
50
536
USD
12.070
12.970
11.170
-0.900
-7
12,473
-31
REC Silicon
50
42
NOK
153.900
150.900
156.960
3.060
2
12,601
10
100
-3
-12
long
8/02/10
5/16/11
287
Gintech Energy
50
63
TWD
99.634
73.295
-26.339
-26
10,942
-32
United Renewable
50
50
TWD
125.656
102.848
-22.808
-18
9,801
-22
100
-22
-27
short
5/16/11
1/14/13
609
Canadian Solar
50
525
USD
9.330
4.460
19.518
10.188
109
15,150
56
Gintech Energy
50
66
TWD
73.295
32.554
165.025
91.730
125
21,204
63
100
117
59
long
1/14/13
5/19/14
490
SFCE
50
18,279
HKD
0.580
10.820
10.240
1,766
208,381
784
China Shuifa Singyes
50
1,376
HKD
7.700
10.400
2.700
35
212,096
25
100
901
456
L/S date buy date sell days instrument spl pieces Curr prc buy prc sell ps short prc diff d % asset yield short
5/19/14
6/09/14
21
Encavis
50
29,763
EUR
3.563
3.669
3.457
-0.106
-3
208,941
-41
Panda Green Energy
50
155,956
HKD
0.680
0.760
0.600
-0.080
-12
196,465
-89
100
-7
-74
long
6/09/14
7/14/14
35
SFCE
50
9,232
HKD
10.640
9.950
-0.690
-6
190,095
-50
Daqo New Energy
50
18,038
USD
5.446
5.752
0.306
6
195,614
77
100
0
-4
short
7/14/14
4/13/15
273
Panda Green Energy
50
102,954
HKD
0.950
1.260
0.640
-0.310
-33
163,699
-41
Motech Industries
50
1,510
TWD
64.770
65.460
64.080
-0.690
-1
162,657
-1
100
-17
-22
long
4/13/15
8/03/15
112
Encavis
50
12,642
EUR
6.433
8.212
1.779
28
185,147
122
Panda Green Energy
50
64,548
HKD
1.260
0.820
-0.440
-35
156,746
-75
100
-4
-11
short
8/03/15
3/07/16
217
SFCE
50
29,243
HKD
2.680
1.610
4.461
1.781
66
208,831
136
China Shuifa Singyes
50
10,765
HKD
7.280
4.360
12.156
4.876
67
261,316
137
100
67
136
long
3/07/16
4/04/16
28
SMA Solar
50
3,104
EUR
42.080
43.225
1.145
3
264,870
42
Gintech Energy
50
4,356
TWD
30.000
25.100
-4.900
-16
243,526
-90
100
-7
-60
short
4/04/16
9/04/17
518
TerraForm Power
50
13,424
USD
9.070
13.800
4.340
-4.730
-52
180,031
-41
China Shuifa Singyes
50
39,028
HKD
3.120
2.440
3.990
0.870
28
213,965
19
100
-12
-9
long
9/04/17
6/11/18
280
JinkoSolar
50
3,751
USD
28.520
12.500
-16.020
-56
153,874
-66
SolarEdge
50
3,962
USD
27.000
52.900
25.900
96
256,490
140
100
20
27
L/S date buy date sell days instrument spl pieces Curr prc buy prc sell ps short prc diff d % asset yield short
6/11/18
4/08/19
301
JinkoSolar
50
10,259
USD
12.500
19.860
5.140
-7.360
-59
180,984
-66
Panda Green Energy
50
183,218
HKD
0.700
0.345
1.420
0.720
103
312,956
136
100
22
27
long
4/08/19
3/16/20
343
JinkoSolar
50
7,879
USD
19.860
12.360
-7.500
-38
253,863
-40
Enphase Energy
50
15,281
USD
10.240
27.450
17.210
168
516,849
186
100
65
71
short
3/16/20
6/01/20
77
Meyer Burger
50
1,725,131
CHF
0.150
0.175
0.125
-0.025
-16
474,239
-57
SunPower
50
57,555
USD
4.490
7.400
1.580
-2.910
-65
306,754
-99
100
-41
-92
long
6/01/20
5/17/21
350
SolarEdge
50
1,017
USD
150.700
218.010
67.310
45
375,208
47
Enphase Energy
50
2,571
USD
59.680
118.420
58.740
98
526,228
104
100
72
76
short
5/17/21
11/01/21
168
Azure Power Global
50
13,235
USD
19.880
24.300
15.460
-4.420
-22
467,730
-42
Neoen
50
7,963
EUR
33.040
40.500
25.580
-7.460
-23
408,326
-43
100
-22
-42
long
11/01/21
12/20/21
49
GCL Poly Energy
50
56,711
HKD
3.600
2.330
-1.270
-35
336,303
-96
West Holdings
50
3,098
JPY
65.900
56.000
-9.900
-15
305,633
-70
100
-25
-88
short
12/20/21
7/25/22
217
Sunrun
50
4,860
USD
31.440
23.530
42.009
10.569
34
356,998
63
Daqo New Energy
50
4,016
USD
38.050
60.370
15.730
-22.320
-59
267,361
-77
100
-13
-20
long
7/25/22
8/16/22
22
JinkoSolar
50
2,138
USD
62.510
61.570
-0.940
-2
265,352
-22
GCL Poly Energy
50
38,423
HKD
3.480
3.030
-0.450
-13
248,061
-90
100
-7
-71
accum 3/13/06
8/16/22 6000
days out of 6070 invested (99%)
2,381
248,061
22
Instrument Related Contribution
instrument L/S date buy date sell days prc buy prc sell ps short prc diff d % spl di % total
SFCE long 1/14/13 5/19/14 490 0.58 10.82 10.24 1,765.52 50 882.76
long 6/09/14 7/14/14 35 10.64 9.95 -0.69 -6.48 -3.24
short 8/03/15 3/07/16 217 2.68 1.61 4.46 1.78 66.46 33.23 1,166.87
Enphase Energy long 4/08/19 3/16/20 343 10.24 27.45 17.21 168.07 84.03
long 6/01/20 5/17/21 350 59.68 118.42 58.74 98.42 49.21 174.60
JA Solar Energy short 3/03/08 8/04/08 154 69.95 75.80 64.10 -5.85 -8.36 -4.18
short 9/22/08 5/11/09 231 61.45 15.55 242.84 181.39 295.18 147.59 137.24
SolarEdge long 9/04/17 6/11/18 280 27.00 52.90 25.90 95.93 47.96
long 6/01/20 5/17/21 350 150.70 218.01 67.31 44.66 22.33 81.01
China Shuifa Singyes long 1/14/13 5/19/14 490 7.70 10.40 2.70 35.06 17.53
short 8/03/15 3/07/16 217 7.28 4.36 12.16 4.88 66.97 33.49
short 4/04/16 9/04/17 518 3.12 2.44 3.99 0.87 27.87 13.93 78.75
Gintech Energy long 8/02/10 5/16/11 287 99.63 73.29 -26.34 -26.44 -13.22
short 5/16/11 1/14/13 609 73.29 32.55 165.02 91.73 125.15 62.58
long 3/07/16 4/04/16 28 30.00 25.10 -4.90 -16.33 -8.17 29.56
Panda Green Energy short 3/13/06 3/20/06 7 0.17 0.16 0.18 0.01 5.56 2.78
short 7/24/06 11/20/06 119 0.14 0.14 0.14 -0.00 -2.14 -1.07
short 9/22/08 5/11/09 231 0.71 0.50 1.02 0.31 43.44 21.72
short 5/19/14 6/09/14 21 0.68 0.76 0.60 -0.08 -11.76 -5.88
short 7/14/14 4/13/15 273 0.95 1.26 0.64 -0.31 -32.63 -16.32
long 4/13/15 8/03/15 112 1.26 0.82 -0.44 -34.92 -17.46
short 6/11/18 4/08/19 301 0.70 0.35 1.42 0.72 102.90 51.45 21.85
Sunrun short 12/20/21 7/25/22 217 31.44 23.53 42.01 10.57 33.62 16.81 16.81
Canadian Solar long 8/04/08 9/22/08 49 27.04 25.30 -1.74 -6.43 -3.22
long 1/11/10 1/18/10 7 32.56 26.32 -6.24 -19.16 -9.58
long 2/22/10 5/17/10 84 20.53 13.27 -7.26 -35.36 -17.68
short 5/16/11 1/14/13 609 9.33 4.46 19.52 10.19 109.19 54.60 11.36
instrument L/S date buy date sell days prc buy prc sell ps short prc diff d % spl di % total
REC Silicon short 3/03/08 8/04/08 154 902.00 1,070.70 733.30 -168.70 -18.70 -9.35
short 11/23/09 1/11/10 49 265.50 299.60 231.40 -34.10 -12.84 -6.42
short 1/18/10 2/22/10 35 258.90 168.40 398.04 139.14 53.74 26.87
short 5/17/10 8/02/10 77 153.90 150.90 156.96 3.06 1.99 0.99 8.69
Meyer Burger long 5/11/09 11/23/09 196 17.50 23.89 6.39 36.51 18.26
short 3/16/20 6/01/20 77 0.15 0.17 0.13 -0.02 -16.49 -8.24 8.51
GCL Poly Energy long 5/11/09 11/23/09 196 1.54 2.53 0.99 64.29 32.14
long 11/01/21 12/20/21 49 3.60 2.33 -1.27 -35.28 -17.64
long 7/25/22 8/16/22 22 3.48 3.03 -0.45 -12.93 -6.47 1.80
SMA Solar long 1/11/10 1/18/10 7 97.10 92.45 -4.65 -4.79 -2.39
long 2/22/10 5/17/10 84 85.80 86.65 0.85 0.99 0.50
long 3/07/16 4/04/16 28 42.08 43.23 1.15 2.72 1.36 -0.58
First Solar long 8/04/08 9/22/08 49 257.87 207.13 -50.74 -19.68 -9.84
short 1/18/10 2/22/10 35 112.39 105.75 119.45 7.06 6.28 3.14 -7.01
West Holdings long 11/01/21 12/20/21 49 65.90 56.00 -9.90 -15.02 -7.51 -7.51
United Renewable long 8/02/10 5/16/11 287 125.66 102.85 -22.81 -18.15 -9.08 -9.08
Azure Power Global short 5/17/21 11/01/21 168 19.88 24.30 15.46 -4.42 -22.23 -11.12 -11.12
Neoen short 5/17/21 11/01/21 168 33.04 40.50 25.58 -7.46 -22.58 -11.29 -11.29
Encavis short 3/13/06 3/20/06 7 1.61 1.65 1.58 -0.04 -2.42 -1.21
long 3/20/06 7/24/06 126 1.65 1.38 -0.27 -16.45 -8.23
short 7/24/06 11/20/06 119 1.38 1.92 0.85 -0.53 -38.67 -19.33
long 11/20/06 3/03/08 469 1.92 1.82 -0.10 -5.07 -2.53
short 5/19/14 6/09/14 21 3.56 3.67 3.46 -0.11 -2.98 -1.49
long 4/13/15 8/03/15 112 6.43 8.21 1.78 27.65 13.83 -20.07
Motech Industries long 3/20/06 7/24/06 126 555.03 557.31 2.28 0.41 0.21
long 11/20/06 3/03/08 469 618.29 331.08 -287.21 -46.45 -23.23
short 7/14/14 4/13/15 273 64.77 65.46 64.08 -0.69 -1.07 -0.53 -23.48
instrument L/S date buy date sell days prc buy prc sell ps short prc diff d % spl di % total
TerraForm Power short 4/04/16 9/04/17 518 9.07 13.80 4.34 -4.73 -52.15 -26.07 -26.07
Daqo New Energy long 6/09/14 7/14/14 35 5.45 5.75 0.31 5.62 2.81
short 12/20/21 7/25/22 217 38.05 60.37 15.73 -22.32 -58.66 -29.33 -27.34
SunPower short 11/23/09 1/11/10 49 21.06 25.78 16.34 -4.72 -22.41 -11.21
short 5/17/10 8/02/10 77 12.07 12.97 11.17 -0.90 -7.46 -3.73
short 3/16/20 6/01/20 77 4.49 7.40 1.58 -2.91 -64.81 -32.41 -42.22
JinkoSolar long 9/04/17 6/11/18 280 28.52 12.50 -16.02 -56.17 -28.09
short 6/11/18 4/08/19 301 12.50 19.86 5.14 -7.36 -58.88 -29.44
long 4/08/19 3/16/20 343 19.86 12.36 -7.50 -37.76 -18.88
long 7/25/22 8/16/22 22 62.51 61.57 -0.94 -1.50 -0.75 -59.15
Annotations
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
write an annotation