RS Chart
Assessment - Photon Photovoltaik-Aktienindex in Renminbi yuán - 7/01/24 - RS = 37
 ⇐ 
  instrument freshest Δday 7/01/24 Δwk 10/16/23  prc diff Δ37   ∅-RS
real-time RS chart chart L add note SOM Price Index 17,814.917  8/12/24 -1.07 18,851.441 -5.50 24,415.116 -5,563.675 -22.79   -21.14 
real-time RS chart chart L add note First Solar 1,596.552  8/12/24 3.51 1,621.895 -1.56 1,105.090 516.805 46.77   31.30 
real-time RS chart chart L add note Nextracker 283.873  8/12/24 -2.01 335.871 -15.48 249.593 86.278 34.57   5.76 
real-time RS chart chart L add note Neoen 299.802  8/12/24 -0.10 291.678 2.79 189.873 101.804 53.62   35.74 
real-time RS chart chart L add note Grenergy Renovables 269.103  8/12/24 1.32 269.103 144.023 125.079 86.85   30.32 
real-time RS chart chart L add note Scatec 57.720  8/12/24 -1.46 58.607 -1.51 38.305 20.302 53.00   21.76 
real-time RS chart chart add note Encavis 132.794  8/12/24 132.013 0.59 94.821 37.192 39.22   19.16 
real-time RS chart chart L add note Sino-American Sili 42.017  8/12/24 0.80 49.616 -15.32 37.575 12.041 32.04   19.99 
real-time RS chart chart L add note Voltalia 79.520  8/12/24 -0.97 71.709 10.89 70.124 1.585 2.26   -2.27 
real-time RS chart chart L add note GCL Poly Energy 1.063  8/12/24 1.082 -1.72 1.271 -0.189 -14.89   -7.02 
real-time RS chart chart add note ReNew Energy Global 42.821  8/12/24 -0.84 44.278 -3.29 40.759 3.519 8.63   0.85 
real-time RS chart chart L add note Enphase Energy 794.598  8/12/24 1.16 708.300 12.18 928.468 -220.168 -23.71   -16.69 
real-time RS chart chart L add note Enlight Renewable 11,684.390  8/12/24 -3.23 10,861.299 7.58 9,588.231 1,273.068 13.28   -10.43 
real-time RS chart chart L add note Sunrun 126.206  8/12/24 -3.13 79.489 58.77 87.142 -7.653 -8.78   -16.53 
real-time RS chart chart add note West Holdings 96.545  8/09/24 -1.38 112.005 -13.80 170.714 -58.709 -34.39   -20.86 
real-time RS chart chart L add note Solaria Energía 86.316  8/12/24 1.47 90.612 -4.74 109.963 -19.351 -17.60   -10.59 
real-time RS chart chart L add note United Renewable 2.526  8/12/24 0.89 2.961 -14.72 3.169 -0.208 -6.55   -6.00 
real-time RS chart chart S add note Flat Glass 10.892  8/12/24 -3.63 10.724 1.57 15.776 -5.052 -32.02   -29.44 
real-time RS chart chart add note Altus Power 21.411  8/12/24 -6.96 27.164 -21.18 39.225 -12.061 -30.75   -28.45 
real-time RS chart chart add note Xinyi Solar 3.292  8/12/24 0.28 3.665 -10.18 5.178 -1.513 -29.22   -24.98 
real-time RS chart chart L add note JinkoSolar 137.276  8/12/24 -3.48 149.802 -8.36 223.516 -73.714 -32.98   -29.94 
real-time RS chart chart L add note Xinte Energy 7.031  8/12/24 1.62 7.553 -6.91 14.056 -6.503 -46.26   -26.50 
real-time RS chart chart L add note Array Tech 51.196  8/12/24 -0.99 69.694 -26.54 136.374 -66.680 -48.90   -38.89 
real-time RS chart chart add note Daqo New Energy 116.958  8/12/24 -4.74 104.213 12.23 191.888 -87.675 -45.69   -43.05 
real-time RS chart chart L add note Canadian Solar 96.130  8/12/24 -2.51 102.028 -5.78 165.446 -63.417 -38.33   -36.31 
  instrument freshest Δday 7/01/24 Δwk 10/16/23  prc diff Δ37   ∅-RS
real-time RS chart chart add note BCPG 1.101  8/09/24 1.240 -11.20 1.775 -0.535 -30.15   -24.59 
real-time RS chart chart S add note SMA Solar 171.070  8/12/24 -1.26 206.846 -17.30 495.875 -289.029 -58.29   -54.43 
real-time RS chart chart L add note SunPower 1.457  8/12/24 -4.76 19.736 -92.62 42.293 -22.557 -53.34   -31.79 
real-time RS chart chart L add note Sunnova Energy 48.210  8/12/24 -4.47 38.088 26.58 76.916 -38.828 -50.48   -34.92 
real-time RS chart chart S add note Shoals Technologies 37.359  8/12/24 0.20 44.496 -16.04 115.410 -70.914 -61.45   -53.46 
real-time RS chart chart S add note SolarEdge 156.138  8/12/24 1.13 174.563 -10.55 902.830 -728.267 -80.66   -70.73 
 PPVX - 30 out of 30 instruments rated - 7/01/24 / 10/16/23 - 10 did rise, Market-Ratio(37) in CNY = 33.33 % 
 
Technical Chart
PPVX RS = 37 - B/S = 52/31
Market Chart
1/04/21 scale up chart 7/01/24
 


Transactions Photon Photovoltaik-Aktienindex in Renminbi yuán * A37 - 52/31 (1)
 ⇐ 
L/Sdate buy date selldays instrumentsplpieces prc buyprc sellps shortprc diffd %assetyield 
1/02/06 11/13/06 315    - cash -
short 11/13/06   2/05/07 84  RT RS QC  Beijing Energy 100  64,351   0.155  0.129 0.187  0.032 20  12,034 124  
long 2/05/07   6/23/08 504  RT RS QC  SunPower 100  33   355.136  568.647    213.511 60  19,080 41  
short 6/23/08   7/06/09 378  RT RS QC  JA Solar Energy 100  31   602.704  129.127 2,813.142  2,210.438 367  87,603 343  
long 7/06/09   7/18/11 742  RT RS QC  GCL Poly Energy 100  37,767   2.320  3.343    1.023 44  126,242 20  
short 7/18/11   1/14/13 546  RT RS QC  REC Silicon 100  1,501   84.063  13.491 523.781  439.718 523  786,259 240  
long 1/14/13  10/06/14 630  RT RS QC  SFCE 100  1,676,253   0.469  6.142    5.673 1,210  10,296,174 344  
short 10/06/14   4/20/15 196  RT RS QC  SMA Solar 100  66,937   153.818  97.722 242.117  88.298 57  16,206,592 133  
long 4/20/15   5/11/15 21  RT RS QC  Encavis 100  377,573   42.923  47.151    4.228 10  17,802,940 412  
short 5/11/15   6/29/15 49  RT RS QC  REC Silicon 100  1,221,399   14.576  13.668 15.544  0.968 7  18,985,315 61  
long 6/29/15   7/27/15 28  RT RS QC  Encavis 100  426,726   44.491  51.022    6.531 15  21,772,455 496  
short 7/27/15   7/03/17 707  RT RS QC  SFCE 100  10,257,588   2.123  0.383 11.764  9.641 454  121m 142  
long 7/03/17   7/16/18 378  RT RS QC  Beijing Energy 100  134,598,313   0.897  0.460    -0.437 -49  61,905,321 -48  
short 7/16/18   4/29/19 287  RT RS QC  Beijing Energy 100  134,598,314   0.460  0.288 0.735  0.275 60  98,983,600 82  
long 4/29/19   9/20/21 875  RT RS QC  Enphase Energy 100  1,439,897   68.743  985.170    916.427 1,333  1,419m 204  
short 9/20/21  11/22/21 63  RT RS QC  Scatec 100  11,570,829   122.597  116.027 129.538  6.941 6  1,499m 38  
long 11/22/21  12/20/21 28  RT RS QC  GCL Poly Energy 100  530,087,206   2.828  1.904    -0.924 -33  1,009m -99  
short 12/20/21   8/22/22 245  RT RS QC  Daqo New Energy 100  4,163,501   242.414  426.412 58.416  -183.998 -76  243m -88  
long 8/22/22  12/19/22 119  RT RS QC  Array Tech 100  1,733,118   140.335  142.620    2.285 2  247m 5  
short 12/19/22   1/16/23 28  RT RS QC  Flat Glass 100  15,012,099   16.465  19.611 13.319  -3.146 -19  200m -94  
long 1/16/23   2/20/23 35  RT RS QC  First Solar 100  164,889   1,212.599  1,125.259    -87.340 -7  186m -54  
short 2/20/23   8/12/24 539  RT RS QC  Scatec 100  3,800,292   48.823  57.720 39.927  -8.896 -18  152m -13  
accum11/13/06 8/12/246815 days out of 7130 invested (96%) 1,517,247 152m 67  

Instrument Related Contribution
 instrumentL/Sdate buy date selldaysprc buyprc sellps shortprc diffd %total 
 SFCElong  1/14/13 10/06/146300.476.145.67 1,209.51 
 short  7/27/15  7/03/177072.120.3811.769.64 454.237,157.71 
 Enphase Energylong  4/29/19  9/20/2187568.74985.17916.43 1,333.111,333.11 
 REC Siliconshort  7/18/11  1/14/1354684.0613.49523.78439.72 523.08 
 short  5/11/15  6/29/154914.5813.6715.540.97 6.64564.47 
 JA Solar Energyshort  6/23/08  7/06/09378602.70129.132,813.142,210.44 366.75366.75 
 SunPowerlong  2/05/07  6/23/08504355.14568.65213.51 60.1260.12 
 SMA Solarshort 10/06/14  4/20/15196153.8297.72242.1288.30 57.4057.40 
 Encavislong  4/20/15  5/11/152142.9247.154.23 9.85 
 long  6/29/15  7/27/152844.4951.026.53 14.6825.98 
 Array Techlong  8/22/22 12/19/22119140.33142.622.28 1.631.63 
 Beijing Energyshort 11/13/06  2/05/07840.160.130.190.03 20.34 
 long  7/03/17  7/16/183780.900.46-0.44 -48.70 
 short  7/16/18  4/29/192870.460.290.740.28 59.90-1.29 
 GCL Poly Energylong  7/06/09  7/18/117422.323.341.02 44.11 
 long 11/22/21 12/20/21282.831.90-0.92 -32.66-2.96 
 First Solarlong  1/16/23  2/20/23351,212.601,125.26-87.34 -7.20-7.20 
 Scatecshort  9/20/21 11/22/2163122.60116.03129.546.94 5.66 
 short  2/20/23  8/12/2453948.8257.7239.93-8.90 -18.22-13.59 
 Flat Glassshort 12/19/22  1/16/232816.4719.6113.32-3.15 -19.11-19.11 
 Daqo New Energyshort 12/20/21  8/22/22245242.41426.4158.42-184.00 -75.90-75.90 


Annotations
4/22/24PPVXVoltalia replaces Meyer Burger
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