RS Chart
Assessment - Photon Photovoltaik-Aktienindex - 13/03/23 - RS = 45
 ⇐ 
  instrument freshest Δday 13/03/23 Δwk 2/05/22  prc diff Δ45  Curr ∅-RS
real-time RS chart chart add note SOM Price Index 4,193.660  Mon 0.03 4,501.390 -6.84 4,060.190 441.200 10.87  USD 0.47 
real-time RS chart chart add note First Solar 204.680  Mon 2.53 203.580 0.54 73.640 129.940 176.45  USD 96.63 
real-time RS chart chart add note Maxeon Solar 23.390  Mon 3.40 25.660 -8.85 11.420 14.240 124.69  USD 60.57 
real-time RS chart chart add note SMA Solar 71.550  Mon -2.85 78.600 -8.97 44.800 33.800 75.45  EUR 56.03 
real-time RS chart chart add note Array Tech 17.230  Mon 0.94 19.660 -12.36 7.210 12.450 172.68  USD 37.32 
real-time RS chart chart add note Meyer Burger 0.511  Mon -0.39 0.574 -11.06 0.451 0.123 27.33  CHF 20.12 
real-time RS chart chart add note Canadian Solar 35.860  Mon 2.37 39.200 -8.52 27.810 11.390 40.96  USD 13.77 
real-time RS chart chart L add note Xinte Energy 19.260  Mon -2.92 20.500 -6.05 17.480 3.020 17.28  HKD 13.74 
real-time RS chart chart L add note SolarEdge 272.310  Mon 1.91 316.210 -13.88 255.310 60.900 23.85  USD 12.87 
real-time RS chart chart add note Shoals Technologies 20.650  Mon 2.69 21.060 -1.95 11.000 10.060 91.45  USD 5.62 
real-time RS chart chart L add note Sino-American Sili 152.000  Mon -1.30 157.000 -3.18 149.000 8.000 5.37  TWD 3.02 
real-time RS chart chart add note Daqo New Energy 48.000  Mon 5.08 49.830 -3.67 40.350 9.480 23.49  USD 0.50 
real-time RS chart chart S add note United Renewable 21.350  Mon 1.18 20.650 3.39 21.500 -0.850 -3.95  TWD -3.99 
real-time RS chart chart add note JinkoSolar 45.050  Mon 5.36 49.680 -9.32 50.560 -0.880 -1.74  USD -6.58 
real-time RS chart chart add note Enphase Energy 192.510  Mon 4.83 211.530 -8.99 168.330 43.200 25.66  USD -6.78 
real-time RS chart chart S add note Solaria Energía 16.620  Mon -1.60 17.325 -4.07 20.340 -3.015 -14.82  EUR -9.12 
real-time RS chart chart S add note Encavis 16.560  Mon 1.41 16.875 -1.87 19.710 -2.835 -14.38  EUR -12.30 
real-time RS chart chart S add note Enlight Renewable 5,876.000  Mon 0.69 6,220.000 -5.53 6,903.000 -683.000 -9.89  ILS -13.17 
real-time RS chart chart L add note Flat Glass 19.380  Mon -1.62 20.700 -6.38 28.400 -7.700 -27.11  HKD -13.33 
real-time RS chart chart add note BCPG 9.200  Mon 2.22 9.100 1.10 12.300 -3.200 -26.02  THB -13.62 
real-time RS chart chart S add note Grenergy Renovables 26.060  Mon -2.40 28.180 -7.52 34.100 -5.920 -17.36  EUR -13.98 
real-time RS chart chart add note Xinyi Solar 8.510  Mon -3.19 8.840 -3.73 11.840 -3.000 -25.34  HKD -15.52 
real-time RS chart chart S add note Sunnova Energy 12.690  Mon -1.86 16.820 -24.55 17.990 -1.170 -6.50  USD -17.45 
real-time RS chart chart S add note Sunrun 17.030  Mon -1.67 21.260 -19.90 21.760 -0.500 -2.30  USD -19.19 
real-time RS chart chart S add note GCL Poly Energy 1.880  Mon -3.59 1.990 -5.53 2.540 -0.550 -21.65  HKD -20.11 
  instrument freshest Δday 13/03/23 Δwk 2/05/22  prc diff Δ45  Curr ∅-RS
real-time RS chart chart S add note SunPower 12.690  Mon 2.59 15.150 -16.24 16.900 -1.750 -10.36  USD -20.30 
real-time RS chart chart S add note West Holdings 3,000.000  Mon -5.66 3,345.000 -10.31 5,390.000 -2,045.000 -37.94  JPY -22.40 
real-time RS chart chart S add note ReNew Energy Global 4.430  Mon -7.90 4.690 -5.54 7.880 -3.190 -40.48  USD -26.51 
real-time RS chart chart S add note Neoen 28.110  Mon 1.30 26.880 4.58 37.520 -10.640 -28.36  EUR -28.50 
real-time RS chart chart S add note Scatec 65.040  Mon -0.18 64.520 0.81 108.700 -44.180 -40.64  NOK -29.48 
real-time RS chart chart add note Nextracker 28.960  Mon -0.38 32.000 -9.50    USD -na- 
 PPVX - 29 out of 30 instruments rated - 13/03/23 / 2/05/22 - 12 did rise, Market-Ratio(45) = 41.38 % 
 
Technical Chart
PPVX RS = 45 - B/S = 40/47
Market Chart
7/01/19 scale up chart 13/03/23
 


Transactions Photon Photovoltaik-Aktienindex * S45 - 40/47 (1)
 ⇐ 
L/Sdate buy date selldays instrumentsplpieces Currprc buyprc sellps shortprc diffd %assetyield 
2/01/06 16/01/06 14    - cash -
short 16/01/06  23/01/06 7  RT RS QC  Beijing Energy 100  57,142  HKD 0.175  0.160 0.191  0.016 9  10,937 10,580  
23/01/06 24/07/06 182    - cash -
  24/07/06   7/08/06 14  RT RS QC  Beijing Energy 100  78,122  HKD 0.140  0.140 0.140  0.000 0  10,937 0  
7/08/06 25/12/06 140    - cash -
  25/12/06   1/01/07 7  RT RS QC  Beijing Energy 100  78,122  HKD 0.140  0.140 0.140  0.000 0  10,937 0  
1/01/07 8/01/07 7    - cash -
  8/01/07  22/01/07 14  RT RS QC  Motech Industries 100  21  TWD 497.160  568.080 426.240  -70.920 -14  9,448 -98  
22/01/07 28/07/08 553    - cash -
  28/07/08  31/08/09 399  RT RS QC  JA Solar Energy 100  122  USD 77.300  17.600 339.505  262.205 339  41,437 287  
31/08/09 31/05/10 273    - cash -
  31/05/10  28/06/10 28  RT RS QC  SunPower 100  3,382  USD 12.250  12.850 11.650  -0.600 -5  39,408 -48  
28/06/10 11/07/11 378    - cash -
  11/07/11   4/03/13 602  RT RS QC  REC Silicon 100  497  NOK 79.200  9.700 646.664  567.464 716  321,437 257  
4/03/13 25/03/13 21    - cash -
  25/03/13  13/05/13 49  RT RS QC  Meyer Burger 100  44,830  CHF 7.170  6.300 8.160  0.990 14  365,823 162  
13/05/13 13/10/14 518    - cash -
  13/10/14  20/10/14 7  RT RS QC  SMA Solar 100  20,633  EUR 17.730  19.210 16.250  -1.480 -8  335,287 -99  
20/10/14 10/11/14 21    - cash -
  10/11/14  30/03/15 140  RT RS QC  SMA Solar 100  17,674  EUR 18.970  11.790 30.523  11.553 61  539,467 246  
30/03/15 4/05/15 35    - cash -
  4/05/15  26/10/15 175  RT RS QC  SFCE 100  102,951  HKD 5.240  2.610 10.520  5.280 101  1,083,069 328  
26/10/15 16/11/15 21    - cash -
  16/11/15  30/11/15 14  RT RS QC  TerraForm Power 100  82,488  USD 13.130  6.900 24.985  11.855 90  2,060,973 > 999,999  
30/11/15 11/01/16 42    - cash -
  11/01/16   4/07/16 175  RT RS QC  TerraForm Power 100  206,097  USD 10.000  10.940 9.060  -0.940 -9  1,867,241 -19  
4/07/16 11/07/16 7    - cash -
  11/07/16  31/07/17 385  RT RS QC  SFCE 100  1,812,855  HKD 1.030  0.425 2.496  1.466 142  4,525,249 131  
31/07/17 16/07/18 350    - cash -
  16/07/18  22/04/19 280  RT RS QC  Beijing Energy 100  8,380,091  HKD 0.540  0.335 0.870  0.330 61  7,294,031 86  
22/04/19 16/03/20 329    - cash -
  16/03/20  30/03/20 14  RT RS QC  Meyer Burger 100  48,691,798  CHF 0.150  0.165 0.135  -0.015 -10  6,549,047 -94  
30/03/20 22/11/21 602    - cash -
  22/11/21  21/03/22 119  RT RS QC  Scatec 100  40,363  NOK 162.250  136.850 192.364  30.114 19  7,764,554 69  
21/03/22 25/04/22 35    - cash -
  25/04/22   8/08/22 105  RT RS QC  Shoals Technologies 100  745,158  USD 10.420  23.780 0.000  -10.420 -100  8 -100  
8/08/22 12/09/22 35    - cash -
  12/09/22  21/11/22 70  RT RS QC  Azure Power Global 100  1  USD 5.560  5.310 5.822  0.262 5  8 27  
21/11/22 6/02/23 77    - cash -
  6/02/23   6/03/23 28  RT RS QC  ReNew Energy Global 100  1  USD 5.590  4.550 6.868  1.278 23  10 1,363  
6/03/23 21/03/23 15    - cash -
accum16/01/06 6/03/232632 days out of 6287 invested (42%) -100 10 -62  

Instrument Related Contribution
 instrumentL/Sdate buy date selldaysprc buyprc sellps shortprc diffd %total 
 REC Siliconshort 11/07/11  4/03/1360279.209.70646.66567.46 716.49716.49 
 SFCE  4/05/15 26/10/151755.242.6110.525.28 100.77 
  11/07/16 31/07/173851.030.432.501.47 142.35386.56 
 JA Solar Energy 28/07/08 31/08/0939977.3017.60339.51262.21 339.20339.20 
 Beijing Energy 16/01/06 23/01/0670.180.160.190.02 9.37 
  24/07/06  7/08/06140.140.140.140.00 0.00 
  25/12/06  1/01/0770.140.140.140.00 0.00 
  16/07/18 22/04/192800.540.340.870.33 61.1976.29 
 TerraForm Power 16/11/15 30/11/151413.136.9024.9911.86 90.29 
  11/01/16  4/07/1617510.0010.949.06-0.94 -9.4072.40 
 SMA Solar 13/10/14 20/10/14717.7319.2116.25-1.48 -8.35 
  10/11/14 30/03/1514018.9711.7930.5211.55 60.9047.47 
 ReNew Energy Global  6/02/23  6/03/23285.594.556.871.28 22.8622.86 
 Scatec 22/11/21 21/03/22119162.25136.85192.3630.11 18.5618.56 
 Azure Power Global 12/09/22 21/11/22705.565.315.820.26 4.714.71 
 Meyer Burger 25/03/13 13/05/13497.176.308.160.99 13.81 
  16/03/20 30/03/20140.150.170.13-0.02 -10.212.18 
 SunPower 31/05/10 28/06/102812.2512.8511.65-0.60 -4.90-4.90 
 Motech Industries  8/01/07 22/01/0714497.16568.08426.24-70.92 -14.27-14.27 
 Shoals Technologies 25/04/22  8/08/2210510.4223.780.00-10.42 -100.00-100.00 


Annotations
10/02/23PPVXNextracker replaces Beijing Energy
6/02/23Enlight Renewablereverse split 10:1 (one for ten)
25/09/22PPVXMaxeon Solar Technologies replaces Azure Power Global
29/10/21PPVXReNew Energy Global replaces Soltec Power
29/07/21United Renewablereverse stock split 0.5658:1
23/07/21PPVXXinte Energy replaces Maxeon
25/06/21PPVXEnlight Renewable Energy and Flat Glass Group replace Solarpack and Renesola
1/04/21GCL Poly Energysuspended
5/02/21PPVXShoals Technologies Group replaces SPCG
25/01/21PPVXGrenergy Renovables and ReneSola replace Motech Industries and Shinsung E&G
17/11/20Daqo New Energystock split 1:5 (five for one)
31/10/20PPVXSoltec Power replaces REC Silicon
23/10/20PPVXArray Technologies and REC Silicon replace 7C Solarparken and Tainergy
8/10/20PPVXTainergy Tech replaces Vivint Solar (acquired by Sunrun)
21/09/20PPVXMotech Industries and Shinsung E&G replace China Shuifa Singyes and Thai Solar Energy
27/03/20PPVXChina Singyes Solar and Edisun Power Europe replace Motech and Terraform Power
28/12/19PPVXMotech replaces SFCE
8/11/19PPVXNeoen replaces REC Silicon
29/07/19PPVXSunnova replaces Shinsung E&G
16/02/19PPVX7C Solarparken replaces China Singyes Solar
10/12/18PPVXSFCE and Solarapack replace Motech Industries and Green Energy Technology
1/10/18PPVXThai Solar Energy returns for Gintech Energy (merger with Neo Solar Power)
20/07/18PPVXWest Holdings replaces JA Solar
17/07/18PPVXJA Solar exits due to becoming private (mergered with JASO Acquisition Holding as wholly owner)
25/06/18Green Energy Treturns replacing 8point3
21/06/188point3drops out due to acquisition by Capital Dynamics
18/05/18PPVXEnphase Energy replaces Thai Solar Energy PCL (exit due to low stock market value)
27/02/18Capital Stagerenames into Encavis (ENergy + CApital + VISion)
16/02/18PPVXSolaria Energía replaces SFCE (market value falls below exit threshold)
30/12/17PPVXVivint Solar replaces TerraForm Global (acquired by Brookfield Asset Management)
11/08/17PPVXShinsung E&G replaces Green Energy Technology
14/03/17PPVXAzure Power Global replaces Trina Solar
25/11/16PPVXThai Solar Energy replaces SolarCity (acquired by Tesla)
4/11/16PPVXSPCG replaces SPI
8/10/16Chorusis replaced by BCPG
8/08/16Capital Stageacquires Chorus Clean Energy
3/06/16PPVXcomplete analysis - all techniques have been refreshed using new market composition
2/06/16SolarenergieChange 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
18/08/15Solarenergiecomplete analysis
1/07/15Scatec Solarmonitoring started
14/03/15Solar Energyfirst complete analysis