RS Chart
Assessment - Photon Photovoltaik-Aktienindex - 22/11/21 - RS = 37
 ⇐ 
  ⇓instrument freshest ⇓ Δday 22/11/21 ⇓ Δwk 8/03/21  prc diff ⇓ Δ37  Curr ∅-RS
real-time RS chart chart L add note SOM Price Index 5,058.710  Fri -2.85 5,192.720 -2.58 4,500.920 691.800 15.37  USD 10.52 
real-time RS chart chart add note GCL Poly Energy 3.050  Fri -7.85 3.450 -11.59 2.140 1.310 61.21  HKD 87.13 
real-time RS chart chart L add note Enphase Energy 254.480  Fri -0.15 261.120 -2.54 132.060 129.060 97.73  USD 59.79 
real-time RS chart chart L add note West Holdings 6,550.000  Fri -2.82 6,590.000 -0.61 2,871.000 3,719.000 129.54  JPY 58.31 
real-time RS chart chart add note Flat Glass 33.500  Fri -1.76 37.050 -9.58 21.350 15.700 73.54  HKD 28.02 
real-time RS chart chart L add note SolarEdge 355.420  Fri -2.62 353.650 0.50 246.710 106.940 43.35  USD 26.87 
real-time RS chart chart add note Xinte Energy 17.420  Fri -5.02 19.520 -10.76 14.580 4.940 33.88  HKD 26.70 
real-time RS chart chart L add note Enlight Renewable 820.500  Fri -0.07 840.000 -2.32 594.000 246.000 41.41  ILS 25.08 
real-time RS chart chart add note JinkoSolar 58.050  Fri -7.99 60.300 -3.73 38.080 22.220 58.35  USD 24.69 
real-time RS chart chart L add note First Solar 103.430  Fri -0.49 108.160 -4.37 71.450 36.710 51.38  USD 20.57 
real-time RS chart chart add note Sino-American Sili 200.500  Fri -5.65 205.500 -2.43 157.500 48.000 30.48  TWD 18.87 
real-time RS chart chart L add note SunPower 29.450  Fri -4.75 30.070 -2.06 29.090 0.980 3.37  USD 12.34 
real-time RS chart chart add note Meyer Burger 0.465  Fri -2.60 0.456 1.89 0.434 0.022 5.07  CHF 8.04 
real-time RS chart chart L add note Sunnova Energy 38.890  Fri -3.43 40.070 -2.94 35.010 5.060 14.45  USD 7.96 
real-time RS chart chart add note Array Tech 24.400  Fri -7.44 24.220 0.74 33.300 -9.080 -27.27  USD 7.15 
real-time RS chart chart add note Grenergy Renovables 30.050  Fri -3.22 31.600 -4.91 32.300 -0.700 -2.17  EUR 6.19 
real-time RS chart chart L add note Sunrun 52.390  Fri -4.99 53.210 -1.54 47.550 5.660 11.90  USD -0.15 
real-time RS chart chart add note SMA Solar 42.960  Fri -3.50 46.280 -7.17 50.150 -3.870 -7.72  EUR -0.89 
real-time RS chart chart L add note Encavis 16.380  Fri -3.02 16.790 -2.44 17.600 -0.810 -4.60  EUR -1.10 
real-time RS chart chart add note Canadian Solar 39.000  Fri 0.93 40.630 -4.01 39.610 1.020 2.58  USD -2.55 
real-time RS chart chart S add note Daqo New Energy 68.690  Fri 0.79 63.360 8.41 72.040 -8.680 -12.05  USD -3.89 
real-time RS chart chart L add note Solaria Energía 16.615  Fri -2.41 16.635 -0.12 17.450 -0.815 -4.67  EUR -4.99 
real-time RS chart chart S add note Xinyi Solar 13.500  Fri -2.88 14.540 -7.15 12.600 1.940 15.40  HKD -5.25 
real-time RS chart chart S add note BCPG 12.700  Fri -3.05 13.400 -5.22 14.700 -1.300 -8.84  THB -5.90 
real-time RS chart chart S add note Panda Green Energy 0.255  Fri -1.92 0.255 0.250 0.005 2.00  HKD -6.47 
  ⇓instrument freshest ⇓ Δday 22/11/21 ⇓ Δwk 8/03/21  prc diff ⇓ Δ37  Curr ∅-RS
real-time RS chart chart L add note United Renewable 20.950  Fri -3.23 21.750 -3.68 24.214 -2.464 -10.17  TWD -6.65 
real-time RS chart chart L add note Neoen 36.640  Fri -1.77 37.180 -1.45 45.350 -8.170 -18.02  EUR -8.22 
real-time RS chart chart L add note Azure Power Global 22.000  Fri -2.57 22.660 -2.91 25.590 -2.930 -11.45  USD -12.67 
real-time RS chart chart add note Scatec 163.200  Fri 0.43 162.250 0.59 251.200 -88.950 -35.41  NOK -27.02 
real-time RS chart chart add note ReNew Energy Global 9.290  Fri 3.68 9.100 2.09 10.420 -1.320 -12.67  USD -na- 
real-time RS chart chart add note Shoals Technologies 32.110  Fri -6.19 31.820 0.91 32.950 -1.130 -3.43  USD -na- 
 PPVX - 30 out of 30 instruments rated - 22/11/21 / 8/03/21 - 17 did rise, Market-Ratio(37) = 56.67 % 
 
Technical Chart
PPVX RS = 37 - B/S = 52/31
Market Chart
2/01/17 scale up chart 22/11/21
 


Transactions Photon Photovoltaik-Aktienindex * A37 - 52/31 (1)
  ⇐ 
L/Sdate buy date selldays instrumentsplpieces Currprc buyprc sellps shortprc diffd %assetyield 
2/01/06 13/11/06 315    - cash -
short 13/11/06   5/02/07 84  RT RS QC  Panda Green Energy 100  64,935  HKD 0.154  0.130 0.182  0.028 18  11,844 109  
long 5/02/07  23/06/08 504  RT RS QC  SunPower 100  258  USD 45.790  82.650    36.860 80  21,354 53  
short 23/06/08   6/07/09 378  RT RS QC  JA Solar Energy 100  243  USD 87.600  18.900 406.019  318.419 363  98,730 340  
long 6/07/09  18/07/11 742  RT RS QC  GCL Poly Energy 100  37,539  HKD 2.630  4.050    1.420 54  152,035 24  
short 18/07/11  14/01/13 546  RT RS QC  REC Silicon 100  2,094  NOK 72.600  11.900 442.921  370.321 510  927,487 235  
long 14/01/13   6/10/14 630  RT RS QC  SFCE 100  1,599,116  HKD 0.580  7.760    7.180 1,238  12,409,140 349  
short 6/10/14  20/04/15 196  RT RS QC  SMA Solar 100  626,724  EUR 19.800  14.680 26.706  6.906 35  16,737,108 75  
long 20/04/15  11/05/15 21  RT RS QC  Encavis 100  2,595,705  EUR 6.448  6.809    0.361 6  17,674,158 158  
short 11/05/15  29/06/15 49  RT RS QC  REC Silicon 100  994,606  NOK 17.770  17.280 18.274  0.504 3  18,175,340 23  
long 29/06/15  27/07/15 28  RT RS QC  Encavis 100  2,853,271  EUR 6.370  7.409    1.039 16  21,139,888 617  
short 27/07/15   3/07/17 707  RT RS QC  SFCE 100  7,977,316  HKD 2.650  0.440 15.960  13.310 502  127m 153  
long 3/07/17  16/07/18 378  RT RS QC  Panda Green Energy 100  123,611,222  HKD 1.030  0.540    -0.490 -48  66,750,061 -46  
short 16/07/18  29/04/19 287  RT RS QC  Panda Green Energy 100  123,611,223  HKD 0.540  0.335 0.870  0.330 61  108m 84  
long 29/04/19  20/09/21 875  RT RS QC  Enphase Energy 100  10,537,826  USD 10.210  152.440    142.230 1,393  1,606m 209  
short 20/09/21  22/11/21 63  RT RS QC  Scatec 100  9,694,545  NOK 165.700  162.250 169.223  3.523 2  1,641m 13  
long 22/11/21  26/11/21 4  RT RS QC  GCL Poly Energy 100  475,519,988  HKD 3.450  3.050    -0.400 -12  1,450m -100  
accum13/11/06 26/11/215493 days out of 5808 invested (95%) 14,503,260 1,450m 120  

Instrument Related Contribution
 instrumentL/Sdate buy date selldaysprc buyprc sellps shortprc diffd %total 
 SFCElong 14/01/13  6/10/146300.587.767.18 1,237.93 
 short 27/07/15  3/07/177072.650.4415.9613.31 502.277,957.98 
 Enphase Energylong 29/04/19 20/09/2187510.21152.44142.23 1,393.051,393.05 
 REC Siliconshort 18/07/11 14/01/1354672.6011.90442.92370.32 510.08 
 short 11/05/15 29/06/154917.7717.2818.270.50 2.84527.38 
 JA Solar Energyshort 23/06/08  6/07/0937887.6018.90406.02318.42 363.49363.49 
 SunPowerlong  5/02/07 23/06/0850445.7982.6536.86 80.5080.50 
 GCL Poly Energylong  6/07/09 18/07/117422.634.051.42 53.99 
 long 22/11/21 26/11/2143.453.05-0.40 -11.5936.14 
 SMA Solarshort  6/10/14 20/04/1519619.8014.6826.716.91 34.8834.88 
 Encavislong 20/04/15 11/05/15216.456.810.36 5.60 
 long 29/06/15 27/07/15286.377.411.04 16.3122.82 
 Scatecshort 20/09/21 22/11/2163165.70162.25169.223.52 2.132.13 
 Panda Green Energyshort 13/11/06  5/02/07840.150.130.180.03 18.44 
 long  3/07/17 16/07/183781.030.54-0.49 -47.57 
 short 16/07/18 29/04/192870.540.340.870.33 61.190.09 


Annotations
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