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

Assessment - Photon Photovoltaik-Aktienindex - 5/16/22 - RS = 9

		⇓instrument	freshest		⇓ Δday	5/16/22	Δwk	3/14/22	prc diff	⇓ Δ9	Curr	⇓∅-RS
		SOM Price Index	4,177.880	20:00	0.50	3,829.110	9.11	4,147.440	-318.330	-7.68	USD	-11.85
	S	Array Tech	9.070	20:00	0.67	6.930	30.88	10.200	-3.270	-32.06	USD	-49.08
	S	Shoals Technologies	15.110	20:00	1.07	12.120	24.67	17.100	-4.980	-29.12	USD	-44.83
		Canadian Solar	29.390	20:00	2.19	24.230	21.30	28.600	-4.370	-15.28	USD	-29.18
	L	Daqo New Energy	47.460	20:00	3.29	40.350	17.62	35.930	4.420	12.30	USD	-21.19
	S	SolarEdge	256.810	20:00	1.84	222.790	15.27	298.510	-75.720	-25.37	USD	-19.53
		JinkoSolar	57.160	20:00	1.26	50.250	13.75	38.640	11.610	30.05	USD	6.68
		Xinte Energy	18.340	08:08	3.03	16.240	12.93	15.420	0.820	5.32	HKD	-6.29
	S	Sunnova Energy	17.290	20:00	-0.58	15.340	12.71	22.230	-6.890	-30.99	USD	-43.90
	S	Sunrun	23.070	20:00	-1.24	20.620	11.88	27.120	-6.500	-23.97	USD	-43.09
	S	Xinyi Solar	13.500	08:08	0.75	12.080	11.75	13.700	-1.620	-11.82	HKD	-15.31
	S	Flat Glass	32.600	08:08	3.16	29.200	11.64	33.900	-4.700	-13.86	HKD	-8.83
		GCL Poly Energy	2.620	08:08	2.75	2.350	11.49	2.510	-0.160	-6.37	HKD	2.62
		Enphase Energy	168.250	20:00	1.64	151.030	11.40	157.640	-6.610	-4.19	USD	-10.89
		Azure Power Global	13.550	20:00	2.19	12.180	11.25	18.190	-6.010	-33.04	USD	-36.06
		SunPower	16.600	20:00	-0.48	15.200	9.21	18.675	-3.475	-18.61	USD	-30.67
	L	Grenergy Renovables	36.900	15:35	0.76	34.140	8.08	28.900	5.240	18.13	EUR	15.11
		BCPG	12.200	09:35	1.67	11.600	5.17	12.200	-0.600	-4.92	THB	-11.22
	L	Solaria Energía	21.860	15:35	-3.70	20.830	4.94	19.650	1.180	6.01	EUR	26.40
	S	Scatec	94.440	14:25	0.64	90.120	4.79	134.600	-44.480	-33.05	NOK	-42.06
	S	First Solar	65.770	20:00	-1.05	62.770	4.78	71.990	-9.220	-12.81	USD	-26.88
	L	Neoen	39.200	15:35	-0.66	37.460	4.64	35.460	2.000	5.64	EUR	6.30
	L	Meyer Burger	0.420	15:30	-1.59	0.404	4.06	0.404	-0.001	-0.15	CHF	-4.21
	L	Encavis	19.545	15:35	-0.64	18.830	3.80	16.920	1.910	11.29	EUR	18.51
		United Renewable	21.050	05:30	-0.71	20.300	3.69	22.450	-2.150	-9.58	TWD	-6.52
		⇓instrument	freshest		⇓ Δday	5/16/22	Δwk	3/14/22	prc diff	⇓ Δ9	Curr	⇓∅-RS
	S	Sino-American Sili	163.500	05:30	0.62	158.500	3.15	173.000	-14.500	-8.38	TWD	-14.97
	S	Enlight Renewable	626.100	Thu	-1.94	616.700	1.52	785.000	-168.300	-21.44	ILS	-14.32
		Panda Green Energy	0.250	08:08	0.40	0.249	0.40	0.250	-0.001	-0.40	HKD	-8.08
	S	ReNew Energy Global	6.730	20:00	-1.03	6.750	-0.30	8.630	-1.880	-21.78	USD	-20.54
		West Holdings	4,710.000	06:15	1.73	4,760.000	-1.05	4,685.000	75.000	1.60	JPY	2.33
	L	SMA Solar	42.580	15:35	-2.96	43.180	-1.39	37.700	5.480	14.54	EUR	10.13
PPVX - 30 out of 30 instruments rated - 5/16/22 / 3/14/22 - 9 did rise, Market-Ratio(9) = 30.00 %

Technical Chart

	PPVX RS = 9 - B/S = 45/45

1/01/18	scale up chart	5/16/22

Transactions Photon Photovoltaik-Aktienindex * L9 - 45 ex 1 (1)

													⇐
L/S	date buy	date sell	days		instrument	spl	pieces	Curr	prc buy	prc sell	prc diff	d %	asset	yield
1/02/06		2/20/06	49		- cash -
long	2/20/06	3/13/06	21		Enlight Renewable	100	61	ILS	163.100	139.500	-23.600	-14	8,560	-93
3/13/06		3/27/06	14		- cash -
	3/27/06	4/03/06	7		Encavis	100	5,178	EUR	1.653	1.653	0.000	0	8,560	0
4/03/06		4/17/06	14		- cash -
	4/17/06	4/24/06	7		Encavis	100	4,538	EUR	1.886	1.886	0.000	0	8,560	0
4/24/06		5/08/06	14		- cash -
	5/08/06	5/15/06	7		Encavis	100	4,538	EUR	1.886	1.886	0.000	0	8,560	0
5/15/06		5/22/06	7		- cash -
	5/22/06	5/29/06	7		Encavis	100	4,538	EUR	1.886	1.886	0.000	0	8,560	0
5/29/06		9/25/06	119		- cash -
	9/25/06	10/02/06	7		Encavis	100	4,295	EUR	1.993	1.925	-0.068	-3	8,268	-84
10/02/06		10/16/06	14		- cash -
	10/16/06	10/23/06	7		Encavis	100	4,338	EUR	1.906	1.906	0.000	0	8,268	0
10/23/06		11/06/06	14		- cash -
	11/06/06	11/13/06	7		Encavis	100	4,317	EUR	1.915	1.915	0.000	0	8,268	0
11/13/06		11/20/06	7		- cash -
	11/20/06	11/27/06	7		Encavis	100	4,317	EUR	1.915	1.915	0.000	0	8,268	0
11/27/06		12/04/06	7		- cash -
	12/04/06	12/11/06	7		Encavis	100	4,317	EUR	1.915	1.915	0.000	0	8,268	0
	12/11/06	12/18/06	7		SunPower	100	212	USD	38.880	37.080	-1.800	-5	7,887	-92
	12/18/06	1/08/07	21		Encavis	100	4,118	EUR	1.915	1.867	-0.048	-3	7,689	-36
	1/08/07	2/19/07	42		SunPower	100	203	USD	37.770	45.000	7.230	19	9,157	358
	2/19/07	3/05/07	14		Encavis	100	3,737	EUR	2.450	2.450	0.000	0	9,157	0
	3/05/07	4/16/07	42		Panda Green Energy	100	42,003	HKD	0.218	0.245	0.027	12	10,291	176
	4/16/07	4/23/07	7		SunPower	100	188	USD	54.680	56.800	2.120	4	10,689	627
	4/23/07	4/30/07	7		Panda Green Energy	100	37,506	HKD	0.285	0.270	-0.015	-5	10,127	-94
	4/30/07	5/14/07	14		SunPower	100	166	USD	60.680	56.630	-4.050	-7	9,455	-83
	5/14/07	9/17/07	126		Panda Green Energy	100	33,766	HKD	0.280	2.650	2.370	846	89,480	67,129
9/17/07		10/01/07	14		- cash -
	10/01/07	1/14/08	105		Panda Green Energy	100	39,245	HKD	2.280	1.450	-0.830	-36	56,907	-79
1/14/08		3/31/08	77		- cash -
	3/31/08	5/12/08	42		First Solar	100	204	USD	278.000	311.140	33.140	12	63,667	166
	5/12/08	6/23/08	42		Canadian Solar	100	1,867	USD	34.100	47.210	13.110	38	88,144	1,590
6/23/08		12/29/08	189		- cash -
	12/29/08	2/09/09	42		Encavis	100	45,552	EUR	1.935	1.945	0.010	1	88,599	5
	2/09/09	2/23/09	14		Enlight Renewable	100	5,906	ILS	15.000	13.100	-1.900	-13	77,378	-97
2/23/09		3/23/09	28		- cash -
	3/23/09	3/30/09	7		Encavis	100	41,893	EUR	1.847	1.906	0.059	3	79,849	415
L/S	date buy	date sell	days		instrument	spl	pieces	Curr	prc buy	prc sell	prc diff	d %	asset	yield
	3/30/09	4/06/09	7		West Holdings	100	136,106	JPY	0.587	0.597	0.010	2	81,210	141
	4/06/09	7/13/09	98		GCL Poly Energy	100	80,406	HKD	1.010	2.520	1.510	150	202,623	2,912
7/13/09		7/20/09	7		- cash -
	7/20/09	8/03/09	14		GCL Poly Energy	100	69,391	HKD	2.920	3.400	0.480	16	235,931	5,187
8/03/09		8/10/09	7		- cash -
	8/10/09	1/25/10	168		West Holdings	100	100,112	JPY	2.357	3.947	1.590	67	395,109	207
1/25/10		3/29/10	63		- cash -
	3/29/10	5/03/10	35		West Holdings	100	88,128	JPY	4.483	3.353	-1.130	-25	295,525	-95
5/03/10		7/12/10	70		- cash -
	7/12/10	8/09/10	28		United Renewable	100	2,431	TWD	121.526	120.414	-1.112	-1	292,821	-11
	8/09/10	8/30/10	21		Enlight Renewable	100	9,760	ILS	30.000	34.200	4.200	14	333,813	875
	8/30/10	9/06/10	7		United Renewable	100	2,366	TWD	141.038	145.896	4.858	3	345,307	485
	9/06/10	9/27/10	21		Enlight Renewable	100	8,221	ILS	42.000	38.200	-3.800	-9	314,068	-81
	9/27/10	11/22/10	56		Panda Green Energy	100	304,919	HKD	1.030	1.760	0.730	71	536,658	3,185
11/22/10		11/29/10	7		- cash -
	11/29/10	12/06/10	7		Panda Green Energy	100	315,681	HKD	1.700	1.630	-0.070	-4	514,561	-89
12/06/10		12/13/10	7		- cash -
	12/13/10	12/27/10	14		Panda Green Energy	100	313,756	HKD	1.640	1.530	-0.110	-7	480,048	-84
12/27/10		1/24/11	28		- cash -
	1/24/11	2/21/11	28		Panda Green Energy	100	311,719	HKD	1.540	1.500	-0.040	-3	467,579	-29
	2/21/11	4/18/11	56		GCL Poly Energy	100	120,200	HKD	3.890	4.860	0.970	25	584,173	327
4/18/11		5/02/11	14		- cash -
	5/02/11	5/23/11	21		GCL Poly Energy	100	107,187	HKD	5.450	4.010	-1.440	-26	429,824	-100
5/23/11		1/23/12	245		- cash -
	1/23/12	3/12/12	49		Encavis	100	136,495	EUR	3.149	3.140	-0.009	0	428,595	-2
	3/12/12	3/19/12	7		West Holdings	100	87,201	JPY	4.915	4.465	-0.450	-9	389,355	-99
	3/19/12	3/26/12	7		Encavis	100	122,902	EUR	3.168	3.060	-0.108	-3	376,081	-84
3/26/12		9/17/12	175		- cash -
	9/17/12	9/24/12	7		West Holdings	100	54,583	JPY	6.890	6.000	-0.890	-13	327,502	-100
	9/24/12	10/15/12	21		Panda Green Energy	100	253,877	HKD	1.290	1.220	-0.070	-5	309,731	-62
	10/15/12	10/22/12	7		West Holdings	100	47,945	JPY	6.460	5.745	-0.715	-11	275,450	-100
10/22/12		11/05/12	14		- cash -
	11/05/12	11/12/12	7		Panda Green Energy	100	210,267	HKD	1.310	1.280	-0.030	-2	269,142	-70
11/12/12		12/17/12	35		- cash -
	12/17/12	12/24/12	7		JinkoSolar	100	43,410	USD	6.200	5.550	-0.650	-10	240,926	-100
	12/24/12	1/07/13	14		First Solar	100	8,025	USD	30.020	31.020	1.000	3	248,951	135
	1/07/13	1/21/13	14		JinkoSolar	100	37,436	USD	6.650	7.730	1.080	16	289,382	4,958
L/S	date buy	date sell	days		instrument	spl	pieces	Curr	prc buy	prc sell	prc diff	d %	asset	yield
	1/21/13	1/28/13	7		Daqo New Energy	100	113,039	USD	2.560	2.474	-0.086	-3	279,660	-83
	1/28/13	2/04/13	7		Enlight Renewable	100	5,719	ILS	48.900	44.000	-4.900	-10	251,637	-100
	2/04/13	2/18/13	14		Daqo New Energy	100	108,464	USD	2.320	2.712	0.392	17	294,155	5,757
	2/18/13	3/18/13	28		SunPower	100	21,968	USD	13.390	11.710	-1.680	-13	257,249	-83
3/18/13		5/20/13	63		- cash -
	5/20/13	7/01/13	42		SunPower	100	11,332	USD	22.700	21.400	-1.300	-6	242,517	-40
	7/01/13	7/08/13	7		Canadian Solar	100	20,552	USD	11.800	12.310	0.510	4	252,999	808
	7/08/13	8/05/13	28		SunPower	100	10,625	USD	23.810	24.590	0.780	3	261,286	52
	8/05/13	9/30/13	56		Canadian Solar	100	16,589	USD	15.750	16.990	1.240	8	281,857	64
	9/30/13	10/07/13	7		Daqo New Energy	100	53,260	USD	5.292	4.754	-0.538	-10	253,203	-100
	10/07/13	10/21/13	14		Canadian Solar	100	13,235	USD	19.130	23.120	3.990	21	306,010	13,863
	10/21/13	10/28/13	7		Daqo New Energy	100	40,306	USD	7.592	6.014	-1.578	-21	242,408	-100
	10/28/13	11/18/13	21		Canadian Solar	100	10,613	USD	22.840	31.000	8.160	36	329,010	20,123
	11/18/13	11/25/13	7		Daqo New Energy	100	35,949	USD	9.152	7.792	-1.360	-15	280,119	-100
	11/25/13	12/16/13	21		Canadian Solar	100	9,709	USD	28.850	29.130	0.280	1	282,837	18
12/16/13		1/06/14	21		- cash -
	1/06/14	1/27/14	21		Canadian Solar	100	7,915	USD	35.730	37.380	1.650	5	295,897	119
1/27/14		2/03/14	7		- cash -
	2/03/14	3/10/14	35		Canadian Solar	100	8,221	USD	35.990	36.040	0.050	0	296,308	1
	3/10/14	3/24/14	14		Daqo New Energy	100	28,706	USD	10.322	7.220	-3.102	-30	207,262	-100
3/24/14		3/31/14	7		- cash -
	3/31/14	4/14/14	14		Daqo New Energy	100	24,195	USD	8.566	7.948	-0.618	-7	192,310	-86
4/14/14		4/21/14	7		- cash -
	4/21/14	4/28/14	7		Daqo New Energy	100	24,485	USD	7.854	8.266	0.412	5	202,398	1,338
4/28/14		6/16/14	49		- cash -
	6/16/14	6/23/14	7		SunPower	100	5,248	USD	38.560	39.990	1.430	4	209,902	568
	6/23/14	7/14/14	21		Daqo New Energy	100	33,170	USD	6.328	5.752	-0.576	-9	190,796	-81
	7/14/14	7/21/14	7		SunPower	100	4,922	USD	38.760	38.840	0.080	0	191,190	11
	7/21/14	8/04/14	14		Enphase Energy	100	16,830	USD	11.360	9.720	-1.640	-14	163,589	-98
8/04/14		8/11/14	7		- cash -
	8/11/14	8/18/14	7		Enphase Energy	100	13,958	USD	11.720	13.190	1.470	13	184,107	47,305
8/18/14		9/01/14	14		- cash -
	9/01/14	10/20/14	49		Enphase Energy	100	12,776	USD	14.410	12.230	-2.180	-15	156,255	-71
L/S	date buy	date sell	days		instrument	spl	pieces	Curr	prc buy	prc sell	prc diff	d %	asset	yield
10/20/14		2/09/15	112		- cash -
	2/09/15	3/16/15	35		Enphase Energy	100	10,798	USD	14.470	13.090	-1.380	-10	141,354	-65
	3/16/15	5/11/15	56		Encavis	100	23,551	EUR	6.002	6.809	0.807	13	160,360	128
	5/11/15	6/01/15	21		Panda Green Energy	100	110,593	HKD	1.450	1.500	0.050	3	165,889	80
	6/01/15	6/08/15	7		Xinyi Solar	100	42,535	HKD	3.900	3.710	-0.190	-5	157,808	-93
6/08/15		6/15/15	7		- cash -
	6/15/15	6/22/15	7		Encavis	100	24,103	EUR	6.547	6.646	0.099	2	160,194	119
6/22/15		7/20/15	28		- cash -
	7/20/15	7/27/15	7		SMA Solar	100	5,329	EUR	30.060	29.875	-0.185	-1	159,208	-28
7/27/15		10/26/15	91		- cash -
	10/26/15	12/14/15	49		SMA Solar	100	3,706	EUR	42.950	43.775	0.825	2	162,266	15
12/14/15		12/21/15	7		- cash -
	12/21/15	1/11/16	21		SMA Solar	100	3,021	EUR	53.700	49.315	-4.385	-8	149,019	-77
1/11/16		1/25/16	14		- cash -
	1/25/16	2/01/16	7		SMA Solar	100	3,109	EUR	47.920	47.000	-0.920	-2	146,158	-64
2/01/16		3/14/16	42		- cash -
	3/14/16	3/28/16	14		SMA Solar	100	3,359	EUR	43.500	41.180	-2.320	-5	138,365	-76
3/28/16		4/11/16	14		- cash -
	4/11/16	5/09/16	28		SMA Solar	100	3,063	EUR	45.160	46.500	1.340	3	142,470	46
5/09/16		8/15/16	98		- cash -
	8/15/16	8/22/16	7		Daqo New Energy	100	30,312	USD	4.700	4.954	0.254	5	150,169	1,456
8/22/16		8/29/16	7		- cash -
	8/29/16	9/12/16	14		Daqo New Energy	100	30,386	USD	4.942	5.088	0.146	3	154,605	114
9/12/16		10/17/16	35		- cash -
	10/17/16	10/31/16	14		Solaria Energía	100	192,056	EUR	0.805	0.825	0.020	2	158,447	90
10/31/16		1/09/17	70		- cash -
	1/09/17	1/16/17	7		Solaria Energía	100	186,407	EUR	0.850	0.820	-0.030	-4	152,854	-85
	1/16/17	1/23/17	7		Enlight Renewable	100	1,414	ILS	108.100	107.400	-0.700	-1	151,865	-29
	1/23/17	3/06/17	42		Solaria Energía	100	154,963	EUR	0.980	1.080	0.100	10	167,361	133
	3/06/17	4/17/17	42		Enlight Renewable	100	1,338	ILS	125.000	124.200	-0.800	-1	166,290	-5
4/17/17		5/15/17	28		- cash -
	5/15/17	5/22/17	7		Panda Green Energy	100	130,937	HKD	1.270	1.280	0.010	1	167,600	51
5/22/17		5/29/17	7		- cash -
	5/29/17	6/05/17	7		Panda Green Energy	100	138,512	HKD	1.210	1.150	-0.060	-5	159,289	-93
	6/05/17	6/12/17	7		Solaria Energía	100	102,436	EUR	1.555	1.390	-0.165	-11	142,387	-100
6/12/17		6/19/17	7		- cash -
	6/19/17	7/24/17	35		Solaria Energía	100	112,115	EUR	1.270	1.490	0.220	17	167,052	429
	7/24/17	8/07/17	14		JinkoSolar	100	5,966	USD	28.000	29.020	1.020	4	173,138	154
	8/07/17	9/11/17	35		SolarEdge	100	6,107	USD	28.350	24.850	-3.500	-12	151,763	-75
	9/11/17	9/18/17	7		JinkoSolar	100	5,287	USD	28.700	27.640	-1.060	-4	146,159	-86
L/S	date buy	date sell	days		instrument	spl	pieces	Curr	prc buy	prc sell	prc diff	d %	asset	yield
	9/18/17	10/09/17	21		SolarEdge	100	5,453	USD	26.800	28.750	1.950	7	156,792	239
10/09/17		10/16/17	7		- cash -
	10/16/17	10/30/17	14		Sino-American Sili	100	1,919	TWD	81.700	83.500	1.800	2	160,247	77
	10/30/17	11/20/17	21		SolarEdge	100	4,923	USD	32.550	38.900	6.350	20	191,508	2,114
	11/20/17	12/25/17	35		Enphase Energy	100	74,807	USD	2.560	2.420	-0.140	-5	181,035	-44
	12/25/17	2/05/18	42		Daqo New Energy	100	16,762	USD	10.800	9.676	-1.124	-10	162,194	-62
	2/05/18	2/12/18	7		Enphase Energy	100	70,519	USD	2.300	2.660	0.360	16	187,581	196,245
2/12/18		2/19/18	7		- cash -
	2/19/18	2/26/18	7		Enphase Energy	100	73,561	USD	2.550	2.680	0.130	5	197,144	1,237
	2/26/18	3/05/18	7		SolarEdge	100	3,873	USD	50.900	50.600	-0.300	-1	195,982	-27
3/05/18		4/09/18	35		- cash -
	4/09/18	6/11/18	63		Enphase Energy	100	47,224	USD	4.150	4.620	0.470	11	218,177	86
6/11/18		11/19/18	161		- cash -
	11/19/18	11/26/18	7		West Holdings	100	18,473	JPY	11.810	12.760	0.950	8	235,727	5,550
11/26/18		12/03/18	7		- cash -
	12/03/18	12/10/18	7		West Holdings	100	17,526	JPY	13.450	11.840	-1.610	-12	207,510	-100
12/10/18		12/17/18	7		- cash -
	12/17/18	12/24/18	7		Grenergy Renovables	100	38,427	EUR	5.400	4.660	-0.740	-14	179,074	-100
12/24/18		12/31/18	7		- cash -
	12/31/18	3/25/19	84		Grenergy Renovables	100	30,610	EUR	5.850	6.750	0.900	15	206,623	86
	3/25/19	4/01/19	7		Flat Glass	100	49,908	HKD	4.140	3.980	-0.160	-4	198,638	-87
	4/01/19	4/22/19	21		Grenergy Renovables	100	26,485	EUR	7.500	7.600	0.100	1	201,286	26
	4/22/19	4/29/19	7		Flat Glass	100	48,974	HKD	4.110	3.780	-0.330	-8	185,125	-99
	4/29/19	5/06/19	7		Grenergy Renovables	100	22,798	EUR	8.120	7.800	-0.320	-4	177,829	-88
	5/06/19	11/11/19	189		Enphase Energy	100	12,933	USD	13.750	18.740	4.990	36	242,365	82
	11/11/19	11/18/19	7		Grenergy Renovables	100	19,083	EUR	12.700	11.950	-0.750	-6	228,053	-96
11/18/19		12/02/19	14		- cash -
	12/02/19	12/16/19	14		Grenergy Renovables	100	14,297	EUR	15.950	13.850	-2.100	-13	198,029	-97
	12/16/19	3/16/20	91		Enphase Energy	100	7,687	USD	25.760	27.450	1.690	7	211,020	29
3/16/20		5/11/20	56		- cash -
	5/11/20	6/22/20	42		Enphase Energy	100	3,541	USD	59.580	45.560	-14.020	-24	161,375	-90
	6/22/20	6/29/20	7		SolarEdge	100	1,054	USD	152.980	137.060	-15.920	-10	144,596	-100
	6/29/20	7/20/20	21		Flat Glass	100	17,633	HKD	8.200	10.660	2.460	30	187,973	9,460
	7/20/20	10/12/20	84		Sunrun	100	4,895	USD	38.400	63.790	25.390	66	312,257	807
L/S	date buy	date sell	days		instrument	spl	pieces	Curr	prc buy	prc sell	prc diff	d %	asset	yield
	10/12/20	10/19/20	7		Flat Glass	100	12,173	HKD	25.650	19.940	-5.710	-22	242,749	-100
	10/19/20	10/26/20	7		JinkoSolar	100	3,209	USD	75.630	64.920	-10.710	-14	208,381	-100
	10/26/20	11/16/20	21		Flat Glass	100	9,344	HKD	22.300	19.820	-2.480	-11	185,207	-87
	11/16/20	11/23/20	7		Daqo New Energy	100	4,239	USD	43.684	40.840	-2.844	-7	173,152	-97
	11/23/20	11/30/20	7		Flat Glass	100	7,661	HKD	22.600	21.650	-0.950	-4	165,874	-89
	11/30/20	12/07/20	7		JinkoSolar	100	2,402	USD	69.040	58.360	-10.680	-15	140,220	-100
	12/07/20	1/04/21	28		GCL Poly Energy	100	125,196	HKD	1.120	1.300	0.180	16	162,756	598
	1/04/21	1/11/21	7		Flat Glass	100	4,636	HKD	35.100	33.600	-1.500	-4	155,802	-90
	1/11/21	1/18/21	7		Daqo New Energy	100	2,035	USD	76.530	72.000	-4.530	-6	146,583	-96
	1/18/21	3/01/21	42		GCL Poly Energy	100	86,225	HKD	1.700	3.230	1.530	90	278,507	26,355
3/01/21		7/05/21	126		- cash -
	7/05/21	8/16/21	42		GCL Poly Energy	100	140,660	HKD	1.980	1.980	0.000	0	278,507	0
8/16/21		8/23/21	7		- cash -
	8/23/21	8/30/21	7		GCL Poly Energy	100	140,660	HKD	1.980	1.980	0.000	0	278,507	0
8/30/21		9/27/21	28		- cash -
	9/27/21	10/04/21	7		GCL Poly Energy	100	140,660	HKD	1.980	1.980	0.000	0	278,507	0
10/04/21		10/18/21	14		- cash -
	10/18/21	11/01/21	14		Xinte Energy	100	12,775	HKD	21.800	22.050	0.250	1	281,701	35
	11/01/21	11/29/21	28		GCL Poly Energy	100	78,250	HKD	3.600	2.980	-0.620	-17	233,186	-91
	11/29/21	12/06/21	7		Enphase Energy	100	908	USD	256.710	212.940	-43.770	-17	193,443	-100
	12/06/21	12/20/21	14		West Holdings	100	3,110	JPY	62.200	56.000	-6.200	-10	174,161	-94
12/20/21		3/14/22	84		- cash -
	3/14/22	4/04/22	21		Solaria Energía	100	8,863	EUR	19.650	21.160	1.510	8	187,544	262
	4/04/22	4/11/22	7		Enphase Energy	100	866	USD	216.380	187.880	-28.500	-13	162,863	-100
	4/11/22	4/25/22	14		Solaria Energía	100	7,105	EUR	22.920	20.990	-1.930	-8	149,150	-90
	4/25/22	5/02/22	7		Encavis	100	7,219	EUR	20.660	19.710	-0.950	-5	142,292	-91
5/02/22		5/20/22	18		- cash -
accum	2/20/06	5/02/22	3423	days out of 5982 invested (57%)							1,323		142,292	33

Instrument Related Contribution

instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	total
Panda Green Energy	long	3/05/07	4/16/07	42	0.22	0.25	0.03	12.39
		4/23/07	4/30/07	7	0.29	0.27	-0.02	-5.26
		5/14/07	9/17/07	126	0.28	2.65	2.37	846.43
		10/01/07	1/14/08	105	2.28	1.45	-0.83	-36.40
		9/27/10	11/22/10	56	1.03	1.76	0.73	70.87
		11/29/10	12/06/10	7	1.70	1.63	-0.07	-4.12
		12/13/10	12/27/10	14	1.64	1.53	-0.11	-6.71
		1/24/11	2/21/11	28	1.54	1.50	-0.04	-2.60
		9/24/12	10/15/12	21	1.29	1.22	-0.07	-5.43
		11/05/12	11/12/12	7	1.31	1.28	-0.03	-2.29
		5/11/15	6/01/15	21	1.45	1.50	0.05	3.45
		5/15/17	5/22/17	7	1.27	1.28	0.01	0.79
		5/29/17	6/05/17	7	1.21	1.15	-0.06	-4.96	773.64
GCL Poly Energy		4/06/09	7/13/09	98	1.01	2.52	1.51	149.50
		7/20/09	8/03/09	14	2.92	3.40	0.48	16.44
		2/21/11	4/18/11	56	3.89	4.86	0.97	24.94
		5/02/11	5/23/11	21	5.45	4.01	-1.44	-26.42
		12/07/20	1/04/21	28	1.12	1.30	0.18	16.07
		1/18/21	3/01/21	42	1.70	3.23	1.53	90.00
		7/05/21	8/16/21	42	1.98	1.98	0.00	0.00
		8/23/21	8/30/21	7	1.98	1.98	0.00	0.00
		9/27/21	10/04/21	7	1.98	1.98	0.00	0.00
		11/01/21	11/29/21	28	3.60	2.98	-0.62	-17.22	387.53
Canadian Solar		5/12/08	6/23/08	42	34.10	47.21	13.11	38.45
		7/01/13	7/08/13	7	11.80	12.31	0.51	4.32
		8/05/13	9/30/13	56	15.75	16.99	1.24	7.87
		10/07/13	10/21/13	14	19.13	23.12	3.99	20.86
		10/28/13	11/18/13	21	22.84	31.00	8.16	35.73
		11/25/13	12/16/13	21	28.85	29.13	0.28	0.97
		1/06/14	1/27/14	21	35.73	37.38	1.65	4.62
		2/03/14	3/10/14	35	35.99	36.04	0.05	0.14	170.34
instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	total
Sunrun		7/20/20	10/12/20	84	38.40	63.79	25.39	66.12	66.12
First Solar		3/31/08	5/12/08	42	278.00	311.14	33.14	11.92
		12/24/12	1/07/13	14	30.02	31.02	1.00	3.33	15.65
Solaria Energía		10/17/16	10/31/16	14	0.81	0.83	0.02	2.48
		1/09/17	1/16/17	7	0.85	0.82	-0.03	-3.53
		1/23/17	3/06/17	42	0.98	1.08	0.10	10.20
		6/05/17	6/12/17	7	1.56	1.39	-0.17	-10.61
		6/19/17	7/24/17	35	1.27	1.49	0.22	17.32
		3/14/22	4/04/22	21	19.65	21.16	1.51	7.68
		4/11/22	4/25/22	14	22.92	20.99	-1.93	-8.42	12.69
Encavis		3/27/06	4/03/06	7	1.65	1.65	0.00	0.00
		4/17/06	4/24/06	7	1.89	1.89	0.00	0.00
		5/08/06	5/15/06	7	1.89	1.89	0.00	0.00
		5/22/06	5/29/06	7	1.89	1.89	0.00	0.00
		9/25/06	10/02/06	7	1.99	1.93	-0.07	-3.41
		10/16/06	10/23/06	7	1.91	1.91	0.00	0.00
		11/06/06	11/13/06	7	1.92	1.92	0.00	0.00
		11/20/06	11/27/06	7	1.92	1.92	0.00	0.00
		12/04/06	12/11/06	7	1.92	1.92	0.00	0.00
		12/18/06	1/08/07	21	1.92	1.87	-0.05	-2.51
		2/19/07	3/05/07	14	2.45	2.45	0.00	0.00
		12/29/08	2/09/09	42	1.94	1.95	0.01	0.52
		3/23/09	3/30/09	7	1.85	1.91	0.06	3.19
		1/23/12	3/12/12	49	3.15	3.14	-0.01	-0.29
		3/19/12	3/26/12	7	3.17	3.06	-0.11	-3.41
		3/16/15	5/11/15	56	6.00	6.81	0.81	13.45
		6/15/15	6/22/15	7	6.55	6.65	0.10	1.51
		4/25/22	5/02/22	7	20.66	19.71	-0.95	-4.60	3.36
instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	total
United Renewable		7/12/10	8/09/10	28	121.53	120.41	-1.11	-0.92
		8/30/10	9/06/10	7	141.04	145.90	4.86	3.44	2.50
Sino-American Sili		10/16/17	10/30/17	14	81.70	83.50	1.80	2.20	2.20
Xinte Energy		10/18/21	11/01/21	14	21.80	22.05	0.25	1.15	1.15
SolarEdge		8/07/17	9/11/17	35	28.35	24.85	-3.50	-12.35
		9/18/17	10/09/17	21	26.80	28.75	1.95	7.28
		10/30/17	11/20/17	21	32.55	38.90	6.35	19.51
		2/26/18	3/05/18	7	50.90	50.60	-0.30	-0.59
		6/22/20	6/29/20	7	152.98	137.06	-15.92	-10.41	0.09
SunPower		12/11/06	12/18/06	7	38.88	37.08	-1.80	-4.63
		1/08/07	2/19/07	42	37.77	45.00	7.23	19.14
		4/16/07	4/23/07	7	54.68	56.80	2.12	3.88
		4/30/07	5/14/07	14	60.68	56.63	-4.05	-6.67
		2/18/13	3/18/13	28	13.39	11.71	-1.68	-12.55
		5/20/13	7/01/13	42	22.70	21.40	-1.30	-5.73
		7/08/13	8/05/13	28	23.81	24.59	0.78	3.28
		6/16/14	6/23/14	7	38.56	39.99	1.43	3.71
		7/14/14	7/21/14	7	38.76	38.84	0.08	0.21	-2.53
Xinyi Solar		6/01/15	6/08/15	7	3.90	3.71	-0.19	-4.87	-4.87
SMA Solar		7/20/15	7/27/15	7	30.06	29.88	-0.18	-0.62
		10/26/15	12/14/15	49	42.95	43.78	0.82	1.92
		12/21/15	1/11/16	21	53.70	49.32	-4.39	-8.17
		1/25/16	2/01/16	7	47.92	47.00	-0.92	-1.92
		3/14/16	3/28/16	14	43.50	41.18	-2.32	-5.33
		4/11/16	5/09/16	28	45.16	46.50	1.34	2.97	-11.07
instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	total
Grenergy Renovables		12/17/18	12/24/18	7	5.40	4.66	-0.74	-13.70
		12/31/18	3/25/19	84	5.85	6.75	0.90	15.38
		4/01/19	4/22/19	21	7.50	7.60	0.10	1.33
		4/29/19	5/06/19	7	8.12	7.80	-0.32	-3.94
		11/11/19	11/18/19	7	12.70	11.95	-0.75	-5.91
		12/02/19	12/16/19	14	15.95	13.85	-2.10	-13.17	-20.81
West Holdings		3/30/09	4/06/09	7	0.59	0.60	0.01	1.70
		8/10/09	1/25/10	168	2.36	3.95	1.59	67.47
		3/29/10	5/03/10	35	4.48	3.35	-1.13	-25.20
		3/12/12	3/19/12	7	4.92	4.47	-0.45	-9.16
		9/17/12	9/24/12	7	6.89	6.00	-0.89	-12.92
		10/15/12	10/22/12	7	6.46	5.75	-0.72	-11.07
		11/19/18	11/26/18	7	11.81	12.76	0.95	8.04
		12/03/18	12/10/18	7	13.45	11.84	-1.61	-11.97
		12/06/21	12/20/21	14	62.20	56.00	-6.20	-9.97	-23.25
Enphase Energy		7/21/14	8/04/14	14	11.36	9.72	-1.64	-14.44
		8/11/14	8/18/14	7	11.72	13.19	1.47	12.54
		9/01/14	10/20/14	49	14.41	12.23	-2.18	-15.13
		2/09/15	3/16/15	35	14.47	13.09	-1.38	-9.54
		11/20/17	12/25/17	35	2.56	2.42	-0.14	-5.47
		2/05/18	2/12/18	7	2.30	2.66	0.36	15.65
		2/19/18	2/26/18	7	2.55	2.68	0.13	5.10
		4/09/18	6/11/18	63	4.15	4.62	0.47	11.33
		5/06/19	11/11/19	189	13.75	18.74	4.99	36.29
		12/16/19	3/16/20	91	25.76	27.45	1.69	6.56
		5/11/20	6/22/20	42	59.58	45.56	-14.02	-23.53
		11/29/21	12/06/21	7	256.71	212.94	-43.77	-17.05
		4/04/22	4/11/22	7	216.38	187.88	-28.50	-13.17	-24.35
instrument	L/S	date buy	date sell	days	prc buy	prc sell	prc diff	d %	total
JinkoSolar		12/17/12	12/24/12	7	6.20	5.55	-0.65	-10.48
		1/07/13	1/21/13	14	6.65	7.73	1.08	16.24
		7/24/17	8/07/17	14	28.00	29.02	1.02	3.64
		9/11/17	9/18/17	7	28.70	27.64	-1.06	-3.69
		10/19/20	10/26/20	7	75.63	64.92	-10.71	-14.16
		11/30/20	12/07/20	7	69.04	58.36	-10.68	-15.47	-24.64
Flat Glass		3/25/19	4/01/19	7	4.14	3.98	-0.16	-3.86
		4/22/19	4/29/19	7	4.11	3.78	-0.33	-8.03
		6/29/20	7/20/20	21	8.20	10.66	2.46	30.00
		10/12/20	10/19/20	7	25.65	19.94	-5.71	-22.26
		10/26/20	11/16/20	21	22.30	19.82	-2.48	-11.12
		11/23/20	11/30/20	7	22.60	21.65	-0.95	-4.20
		1/04/21	1/11/21	7	35.10	33.60	-1.50	-4.27	-27.17
Enlight Renewable		2/20/06	3/13/06	21	163.10	139.50	-23.60	-14.47
		2/09/09	2/23/09	14	15.00	13.10	-1.90	-12.67
		8/09/10	8/30/10	21	30.00	34.20	4.20	14.00
		9/06/10	9/27/10	21	42.00	38.20	-3.80	-9.05
		1/28/13	2/04/13	7	48.90	44.00	-4.90	-10.02
		1/16/17	1/23/17	7	108.10	107.40	-0.70	-0.65
		3/06/17	4/17/17	42	125.00	124.20	-0.80	-0.64	-31.21
Daqo New Energy		1/21/13	1/28/13	7	2.56	2.47	-0.09	-3.36
		2/04/13	2/18/13	14	2.32	2.71	0.39	16.90
		9/30/13	10/07/13	7	5.29	4.75	-0.54	-10.17
		10/21/13	10/28/13	7	7.59	6.01	-1.58	-20.79
		11/18/13	11/25/13	7	9.15	7.79	-1.36	-14.86
		3/10/14	3/24/14	14	10.32	7.22	-3.10	-30.05
		3/31/14	4/14/14	14	8.57	7.95	-0.62	-7.21
		4/21/14	4/28/14	7	7.85	8.27	0.41	5.25
		6/23/14	7/14/14	21	6.33	5.75	-0.58	-9.10
		8/15/16	8/22/16	7	4.70	4.95	0.25	5.40
		8/29/16	9/12/16	14	4.94	5.09	0.15	2.95
		12/25/17	2/05/18	42	10.80	9.68	-1.12	-10.41
		11/16/20	11/23/20	7	43.68	40.84	-2.84	-6.51
		1/11/21	1/18/21	7	76.53	72.00	-4.53	-5.92	-63.66

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


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