Share-o-matic - Assessment PPVX (Photon Photovoltaik-Aktienindex)

Assessment - Photon Photovoltaik-Aktienindex - 4/22/24 - RS = 24

		⇓instrument	freshest		⇓ Δday	4/22/24	⇓ Δwk	11/06/23	prc diff	⇓ Δ24	Curr	∅-RS
	S	SOM Price Index	2,671.560	05:30		2,646.180	0.96	3,200.760	-554.580	-17.33	USD	-26.01
	L	Encavis	16.950	Wed	0.41	16.890	0.36	13.050	3.840	29.43	EUR	20.49
		Sino-American Sili	188.500	Mon	-1.82	188.500		175.000	13.500	7.71	TWD	8.45
	L	Neoen	29.420	Wed	0.82	29.100	1.10	25.760	3.340	12.97	EUR	7.90
		Nextracker	44.000	Mon		44.000		36.770	7.230	19.66	USD	5.00
	L	First Solar	177.480	Wed	-1.45	176.280	0.68	146.970	29.310	19.94	USD	4.47
	L	Flat Glass	17.600	Wed	1.03	17.340	1.50	15.800	1.540	9.75	HKD	0.06
	S	Enlight Renewable	6,100.000	Wed	-2.21	6,238.000	-2.21	5,790.000	448.000	7.74	ILS	-0.88
		Grenergy Renovables	26.300	Wed	-0.38	25.850	1.74	24.860	0.990	3.98	EUR	-1.01
		Scatec	70.000	Wed	-0.21	67.300	4.01	66.200	1.100	1.66	NOK	-4.18
	S	ReNew Energy Global	5.710	Wed	-1.72	5.660	0.88	5.870	-0.210	-3.58	USD	-5.15
	L	Xinyi Solar	5.190	Wed	0.58	5.260	-1.33	5.080	0.180	3.54	HKD	-7.34
	S	West Holdings	2,881.000	Wed	0.73	2,675.000	7.70	3,380.000	-705.000	-20.86	JPY	-8.82
	L	Enphase Energy	107.170	Wed	-5.56	110.510	-3.02	78.180	32.330	41.35	USD	-11.36
	L	GCL Poly Energy	1.090	Wed	3.81	1.070	1.87	1.250	-0.180	-14.40	HKD	-18.84
		United Renewable	12.050	05:30		12.200	-1.23	14.900	-2.700	-18.12	TWD	-19.29
	L	Daqo New Energy	23.010	Tue	3.23	22.290	3.23	26.390	-4.100	-15.54	USD	-21.86
		Voltalia	7.650	Wed	-2.55	7.590	0.79	8.730	-1.140	-13.06	EUR	-24.67
	S	BCPG	6.600	Wed	-0.75	6.500	1.54	9.050	-2.550	-28.18	THB	-25.61
	S	SMA Solar	49.060	Wed	0.45	47.200	3.94	54.150	-6.950	-12.83	EUR	-27.60
	S	Sunrun	10.020	Wed	-2.43	10.050	-0.30	10.290	-0.240	-2.33	USD	-28.59
	S	Solaria Energía	9.855	Wed	-0.05	9.695	1.65	15.045	-5.350	-35.56	EUR	-28.65
		Xinte Energy	8.170	Wed	-0.97	8.720	-6.31	11.420	-2.700	-23.64	HKD	-29.97
		Array Tech	12.230	Wed	2.43	11.690	4.62	18.000	-6.310	-35.06	USD	-32.69
	S	JinkoSolar	23.170	Wed	1.27	21.820	6.19	34.160	-12.340	-36.12	USD	-32.96
		⇓instrument	freshest		⇓ Δday	4/22/24	⇓ Δwk	11/06/23	prc diff	⇓ Δ24	Curr	∅-RS
	S	Altus Power	3.680	Wed	-3.66	3.620	1.66	5.470	-1.850	-33.82	USD	-33.84
	S	Canadian Solar	14.870	Tue	-0.67	14.970	-0.67	21.560	-6.590	-30.57	USD	-41.27
	S	Shoals Technologies	8.490	Wed	0.35	8.430	0.71	15.650	-7.220	-46.13	USD	-49.44
		SolarEdge	57.860	Wed	1.92	54.510	6.15	71.770	-17.260	-24.05	USD	-49.72
		SunPower	1.940	Wed	-1.02	2.140	-9.35	4.290	-2.150	-50.12	USD	-57.29
	S	Sunnova Energy	3.930	Wed	0.26	3.820	2.88	9.930	-6.110	-61.53	USD	-63.63
PPVX - 30 out of 30 instruments rated - 4/22/24 / 11/06/23 - 11 did rise, Market-Ratio(24) = 36.67 %

Technical Chart

	PPVX RS = 24 - B/S = 84/79

1/06/20	scale up chart	4/22/24

Transactions Photon Photovoltaik-Aktienindex * L24 - 84/79 (1)

													⇐
L/S	date buy	date sell	days		instrument	spl	pieces	Curr	prc buy	prc sell	prc diff	d %	asset	yield
1/02/06		11/27/06	329		- cash -
long	11/27/06	12/11/06	14		Encavis	100	5,221	EUR	1.915	1.915	0.000	0	10,000	0
12/11/06		3/19/07	98		- cash -
	3/19/07	4/23/07	35		Beijing Energy	100	44,052	HKD	0.227	0.285	0.058	26	12,555	973
4/23/07		5/28/07	35		- cash -
	5/28/07	7/23/07	56		Beijing Energy	100	25,110	HKD	0.500	3.590	3.090	618	90,145	> 999,999
7/23/07		10/15/07	84		- cash -
	10/15/07	11/26/07	42		Beijing Energy	100	37,096	HKD	2.430	2.080	-0.350	-14	77,161	-74
11/26/07		12/03/07	7		- cash -
	12/03/07	12/24/07	21		Beijing Energy	100	39,569	HKD	1.950	1.860	-0.090	-5	73,600	-56
12/24/07		5/04/09	497		- cash -
	5/04/09	6/15/09	42		GCL Poly Energy	100	66,306	HKD	1.110	2.500	1.390	125	165,765	115,887
6/15/09		11/01/10	504		- cash -
	11/01/10	12/06/10	35		Beijing Energy	100	104,914	HKD	1.580	1.630	0.050	3	171,011	38
12/06/10		12/13/10	7		- cash -
	12/13/10	12/27/10	14		Beijing Energy	100	104,275	HKD	1.640	1.530	-0.110	-7	159,541	-84
12/27/10		1/14/13	749		- cash -
	1/14/13	2/25/13	42		SFCE	100	275,070	HKD	0.580	1.220	0.640	110	335,586	63,937
2/25/13		4/15/13	49		- cash -
	4/15/13	6/24/13	70		SFCE	100	332,263	HKD	1.010	1.100	0.090	9	365,489	56
6/24/13		9/02/13	70		- cash -
	9/02/13	3/24/14	203		SFCE	100	105,025	HKD	3.480	8.380	4.900	141	880,112	386
3/24/14		3/31/14	7		- cash -
	3/31/14	4/07/14	7		SFCE	100	97,249	HKD	9.050	8.780	-0.270	-3	853,855	-79
4/07/14		4/08/19	1827		- cash -
	4/08/19	4/22/19	14		Enphase Energy	100	83,384	USD	10.240	9.280	-0.960	-9	773,806	-92
4/22/19		6/10/19	49		- cash -
	6/10/19	6/24/19	14		Enphase Energy	100	47,795	USD	16.190	17.490	1.300	8	835,939	649
6/24/19		8/31/20	434		- cash -
	8/31/20	10/08/20	38		Vivint Solar	100	27,070	USD	30.880	43.080	12.200	40	1,166,193	2,349
10/08/20		10/12/20	4		- cash -
	10/12/20	3/29/21	168		Sunrun	100	18,281	USD	63.790	51.910	-11.880	-19	949,015	-36
3/29/21		11/01/21	217		- cash -
	11/01/21	11/08/21	7		GCL Poly Energy	100	263,615	HKD	3.600	2.700	-0.900	-25	711,762	-100
11/08/21		4/25/24	899		- cash -
accum	11/27/06	11/08/21	822	days out of 6688 invested (12%)							7,018		711,762	565

Instrument Related Contribution

instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	total
Beijing Energy	long	3/19/07	4/23/07	35	0.23	0.29	0.06	25.55
		5/28/07	7/23/07	56	0.50	3.59	3.09	618.00
		10/15/07	11/26/07	42	2.43	2.08	-0.35	-14.40
		12/03/07	12/24/07	21	1.95	1.86	-0.09	-4.62
		11/01/10	12/06/10	35	1.58	1.63	0.05	3.16
		12/13/10	12/27/10	14	1.64	1.53	-0.11	-6.71	608.36
SFCE		1/14/13	2/25/13	42	0.58	1.22	0.64	110.34
		4/15/13	6/24/13	70	1.01	1.10	0.09	8.91
		9/02/13	3/24/14	203	3.48	8.38	4.90	140.80
		3/31/14	4/07/14	7	9.05	8.78	-0.27	-2.98	435.20
GCL Poly Energy		5/04/09	6/15/09	42	1.11	2.50	1.39	125.23
		11/01/21	11/08/21	7	3.60	2.70	-0.90	-25.00	68.92
Vivint Solar		8/31/20	10/08/20	38	30.88	43.08	12.20	39.51	39.51
Encavis		11/27/06	12/11/06	14	1.92	1.92	0.00	0.00	0.00
Enphase Energy		4/08/19	4/22/19	14	10.24	9.28	-0.96	-9.38
		6/10/19	6/24/19	14	16.19	17.49	1.30	8.03	-2.10
Sunrun		10/12/20	3/29/21	168	63.79	51.91	-11.88	-18.62	-18.62

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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