RS Chart
Assessment - Photon Photovoltaik-Aktienindex - 5/16/22 - RS = 46
 ⇐ 
  instrument freshest Δday 5/16/22 Δwk 6/28/21  prc diff Δ46  Curr ∅-RS
real-time RS chart chart add note SOM Price Index 4,177.880  20:00 0.50 3,829.110 9.11 4,721.640 -892.530 -18.90  USD -11.85 
real-time RS chart chart S add note Array Tech 9.070  20:00 0.67 6.930 30.88 16.570 -9.640 -58.18  USD -49.08 
real-time RS chart chart S add note Shoals Technologies 15.110  20:00 1.07 12.120 24.67 34.160 -22.040 -64.52  USD -44.83 
real-time RS chart chart add note Canadian Solar 29.390  20:00 2.19 24.230 21.30 45.500 -21.270 -46.75  USD -29.18 
real-time RS chart chart L add note Daqo New Energy 47.460  20:00 3.29 40.350 17.62 66.170 -25.820 -39.02  USD -21.19 
real-time RS chart chart S add note SolarEdge 256.810  20:00 1.84 222.790 15.27 284.660 -61.870 -21.73  USD -19.53 
real-time RS chart chart add note JinkoSolar 57.160  20:00 1.26 50.250 13.75 52.850 -2.600 -4.92  USD 6.68 
real-time RS chart chart add note Xinte Energy 18.340  08:08 3.03 16.240 12.93 15.600 0.640 4.10  HKD -6.29 
real-time RS chart chart S add note Sunnova Energy 17.290  20:00 -0.58 15.340 12.71 39.150 -23.810 -60.82  USD -43.90 
real-time RS chart chart S add note Sunrun 23.070  20:00 -1.24 20.620 11.88 57.520 -36.900 -64.15  USD -43.09 
real-time RS chart chart S add note Xinyi Solar 13.500  08:08 0.75 12.080 11.75 16.360 -4.280 -26.16  HKD -15.31 
real-time RS chart chart S add note Flat Glass 32.600  08:08 3.16 29.200 11.64 31.150 -1.950 -6.26  HKD -8.83 
real-time RS chart chart add note GCL Poly Energy 2.620  08:08 2.75 2.350 11.49 1.980 0.370 18.69  HKD 2.62 
real-time RS chart chart add note Enphase Energy 168.250  20:00 1.64 151.030 11.40 188.330 -37.300 -19.81  USD -10.89 
real-time RS chart chart add note Azure Power Global 13.550  20:00 2.19 12.180 11.25 25.940 -13.760 -53.05  USD -36.06 
real-time RS chart chart add note SunPower 16.600  20:00 -0.48 15.200 9.21 30.680 -15.480 -50.46  USD -30.67 
real-time RS chart chart L add note Grenergy Renovables 36.900  15:35 0.76 34.140 8.08 29.000 5.140 17.72  EUR 15.11 
real-time RS chart chart add note BCPG 12.200  09:35 1.67 11.600 5.17 13.200 -1.600 -12.12  THB -11.22 
real-time RS chart chart L add note Solaria Energía 21.860  15:35 -3.70 20.830 4.94 15.800 5.030 31.84  EUR 26.40 
real-time RS chart chart S add note Scatec 94.440  14:25 0.64 90.120 4.79 231.900 -141.780 -61.14  NOK -42.06 
real-time RS chart chart S add note First Solar 65.770  20:00 -1.05 62.770 4.78 92.710 -29.940 -32.29  USD -26.88 
real-time RS chart chart L add note Neoen 39.200  15:35 -0.66 37.460 4.64 37.500 -0.040 -0.11  EUR 6.30 
real-time RS chart chart L add note Meyer Burger 0.420  15:30 -1.59 0.404 4.06 0.548 -0.144 -26.31  CHF -4.21 
real-time RS chart chart L add note Encavis 19.545  15:35 -0.64 18.830 3.80 15.900 2.930 18.43  EUR 18.51 
real-time RS chart chart add note United Renewable 21.050  05:30 -0.71 20.300 3.69 22.976 -2.676 -11.65  TWD -6.52 
  instrument freshest Δday 5/16/22 Δwk 6/28/21  prc diff Δ46  Curr ∅-RS
real-time RS chart chart S add note Sino-American Sili 163.500  05:30 0.62 158.500 3.15 191.500 -33.000 -17.23  TWD -14.97 
real-time RS chart chart S add note Enlight Renewable 626.100  Thu -1.94 616.700 1.52 686.000 -69.300 -10.10  ILS -14.32 
real-time RS chart chart add note Panda Green Energy 0.250  08:08 0.40 0.249 0.40 0.280 -0.031 -11.07  HKD -8.08 
real-time RS chart chart S add note ReNew Energy Global 6.730  20:00 -1.03 6.750 -0.30 10.010 -3.260 -32.57  USD -20.54 
real-time RS chart chart add note West Holdings 4,710.000  06:15 1.73 4,760.000 -1.05 3,780.000 980.000 25.93  JPY 2.33 
real-time RS chart chart L add note SMA Solar 42.580  15:35 -2.96 43.180 -1.39 46.800 -3.620 -7.74  EUR 10.13 
 PPVX - 30 out of 30 instruments rated - 5/16/22 / 6/28/21 - 6 did rise, Market-Ratio(46) = 20.00 % 
 
Technical Chart
PPVX RS = 46 - B/S = 51/51
Market Chart
1/01/18 scale up chart 5/16/22
 


Transactions Photon Photovoltaik-Aktienindex * S46 - 51 ex 9 (1)
 ⇐ 
L/Sdate buy date selldays instrumentsplpieces Currprc buyprc sellps shortprc diffd %assetyield 
1/02/06 6/16/08 896    - cash -
short 6/16/08   1/12/09 210  RT RS QC  Enlight Renewable 100  625  ILS 16.000  11.000 23.273  7.273 45  14,545 92  
  1/12/09   5/25/09 133  RT RS QC  Canadian Solar 100  2,456  USD 5.920  11.030 0.810  -5.110 -86  1,995 -100  
  5/25/09   8/24/09 91  RT RS QC  SunPower 100  73  USD 27.060  26.750 27.374  0.314 1  2,018 5  
8/24/09 8/31/09 7    - cash -
  8/31/09   9/07/09 7  RT RS QC  SunPower 100  79  USD 25.350  27.280 23.420  -1.930 -8  1,866 -98  
9/07/09 6/07/10 273    - cash -
  6/07/10   7/05/10 28  RT RS QC  SunPower 100  158  USD 11.790  12.690 10.890  -0.900 -8  1,724 -64  
7/05/10 8/02/10 28    - cash -
  8/02/10   9/06/10 35  RT RS QC  West Holdings 100  783  JPY 2.200  2.227 2.173  -0.027 -1  1,703 -12  
9/06/10 11/22/10 77    - cash -
  11/22/10  11/29/10 7  RT RS QC  Solaria Energía 100  1,190  EUR 1.430  1.310 1.561  0.131 9  1,858 9,559  
11/29/10 7/11/11 224    - cash -
  7/11/11   9/26/11 77  RT RS QC  Enlight Renewable 100  65  ILS 28.200  31.600 24.800  -3.400 -12  1,637 -46  
  9/26/11  10/29/12 399  RT RS QC  JinkoSolar 100  275  USD 5.940  3.940 8.955  3.015 51  2,467 46  
  10/29/12   1/21/13 84  RT RS QC  SMA Solar 100  149  EUR 16.550  21.170 11.930  -4.620 -28  1,778 -76  
1/21/13 2/04/13 14    - cash -
  2/04/13   2/11/13 7  RT RS QC  Meyer Burger 100  222  CHF 7.980  8.380 7.580  -0.400 -5  1,689 -93  
2/11/13 3/25/13 42    - cash -
  3/25/13   4/08/13 14  RT RS QC  Meyer Burger 100  235  CHF 7.170  7.630 6.710  -0.460 -6  1,581 -82  
4/08/13 10/06/14 546    - cash -
  10/06/14  10/27/14 21  RT RS QC  SMA Solar 100  79  EUR 19.800  18.890 20.754  0.954 5  1,657 127  
10/27/14 11/10/14 14    - cash -
  11/10/14   4/13/15 154  RT RS QC  SMA Solar 100  87  EUR 18.970  13.765 26.143  7.173 38  2,281 114  
4/13/15 4/20/15 7    - cash -
  4/20/15   4/27/15 7  RT RS QC  West Holdings 100  250  JPY 9.110  8.910 9.315  0.205 2  2,332 218  
4/27/15 5/04/15 7    - cash -
  5/04/15   7/27/15 84  RT RS QC  West Holdings 100  276  JPY 8.430  9.430 7.430  -1.000 -12  2,056 -42  
  7/27/15  11/02/15 98  RT RS QC  Enphase Energy 100  364  USD 5.640  3.490 9.115  3.475 62  3,321 498  
11/02/15 11/16/15 14    - cash -
  11/16/15   1/16/17 427  RT RS QC  Enphase Energy 100  1,566  USD 2.120  1.650 2.724  0.604 28  4,266 24  
  1/16/17   6/26/17 161  RT RS QC  Meyer Burger 100  5,332  CHF 0.800  1.260 0.340  -0.460 -58  1,814 -86  
6/26/17 7/09/18 378    - cash -
  7/09/18   7/30/18 21  RT RS QC  Panda Green Energy 100  3,238  HKD 0.560  0.415 0.756  0.196 35  2,447 18,195  
7/30/18 8/13/18 14    - cash -
  8/13/18  12/24/18 133  RT RS QC  Panda Green Energy 100  6,893  HKD 0.355  0.460 0.250  -0.105 -30  1,724 -62  
  12/24/18   4/29/19 126  RT RS QC  SMA Solar 100  104  EUR 16.420  20.000 12.840  -3.580 -22  1,351 -51  
4/29/19 5/06/19 7    - cash -
  5/06/19   5/13/19 7  RT RS QC  Panda Green Energy 100  4,289  HKD 0.315  0.320 0.310  -0.005 -2  1,330 -57  
5/13/19 5/27/19 14    - cash -
  5/27/19   6/03/19 7  RT RS QC  GCL Poly Energy 100  2,859  HKD 0.465  0.475 0.455  -0.010 -2  1,301 -68  
6/03/19 3/23/20 294    - cash -
  3/23/20   3/30/20 7  RT RS QC  Meyer Burger 100  9,925  CHF 0.131  0.165 0.097  -0.034 -26  964 -100  
L/Sdate buy date selldays instrumentsplpieces Currprc buyprc sellps shortprc diffd %assetyield 
3/30/20 11/08/21 588    - cash -
  11/08/21   3/28/22 140  RT RS QC  Scatec 100  5  NOK 166.200  127.700 216.307  50.107 30  1,214 99  
3/28/22 4/18/22 21    - cash -
  4/18/22   5/20/22 32  RT RS QC  Shoals Technologies 100  96  USD 12.600  15.110 10.090  -2.510 -20  973 -92  
accum 6/16/08 5/20/222517 days out of 5982 invested (42%) -90 973 -29  

Instrument Related Contribution
 instrumentL/Sdate buy date selldaysprc buyprc sellps shortprc diffd %total 
 Enphase Energyshort  7/27/15 11/02/15985.643.499.113.47 61.60 
  11/16/15  1/16/174272.121.652.720.60 28.49107.64 
 JinkoSolar  9/26/11 10/29/123995.943.948.963.02 50.7650.76 
 Scatec 11/08/21  3/28/22140166.20127.70216.3150.11 30.1530.15 
 Enlight Renewable  6/16/08  1/12/0921016.0011.0023.277.27 45.45 
   7/11/11  9/26/117728.2031.6024.80-3.40 -12.0627.92 
 Solaria Energía 11/22/10 11/29/1071.431.311.560.13 9.169.16 
 GCL Poly Energy  5/27/19  6/03/1970.470.480.46-0.01 -2.15-2.15 
 Panda Green Energy  7/09/18  7/30/18210.560.420.760.20 34.95 
   8/13/18 12/24/181330.360.460.25-0.11 -29.58 
   5/06/19  5/13/1970.320.320.31-0.01 -1.59-6.48 
 West Holdings  8/02/10  9/06/10352.202.232.17-0.03 -1.21 
   4/20/15  4/27/1579.118.919.310.20 2.24 
   5/04/15  7/27/15848.439.437.43-1.00 -11.86-10.98 
 SunPower  5/25/09  8/24/099127.0626.7527.370.31 1.16 
   8/31/09  9/07/09725.3527.2823.42-1.93 -7.61 
   6/07/10  7/05/102811.7912.6910.89-0.90 -7.63-13.68 
 SMA Solar 10/29/12  1/21/138416.5521.1711.93-4.62 -27.92 
  10/06/14 10/27/142119.8018.8920.750.95 4.82 
  11/10/14  4/13/1515418.9713.7726.147.17 37.81 
  12/24/18  4/29/1912616.4220.0012.84-3.58 -21.80-18.57 
 Shoals Technologies  4/18/22  5/20/223212.6015.1110.09-2.51 -19.92-19.92 
 Meyer Burger  2/04/13  2/11/1377.988.387.58-0.40 -5.01 
   3/25/13  4/08/13147.177.636.71-0.46 -6.42 
   1/16/17  6/26/171610.801.260.34-0.46 -57.50 
   3/23/20  3/30/2070.130.170.10-0.03 -25.93-72.02 
 instrumentL/Sdate buy date selldaysprc buyprc sellps shortprc diffd %total 
 Canadian Solar  1/12/09  5/25/091335.9211.030.81-5.11 -86.32-86.32 


Annotations
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