RS Chart
Assessment - Photon Photovoltaik-Aktienindex in Swiss Franc - 7/26/21 - RS = 37
 ⇐ 
  instrument freshest Δday 7/26/21 Δwk 11/09/20  prc diff Δ37   ∅-RS
real-time RS chart chart add note SOM Price Index 4,214.992  Fri 0.70 4,022.095 4.80 3,615.828 406.268 11.24   8.13 
real-time RS chart chart add note Flat Glass 4.077  Fri 4.21 4.142 -1.56 2.676 1.465 54.76   65.98 
real-time RS chart chart add note Enphase Energy 173.472  Fri 4.14 161.651 7.31 106.731 54.921 51.46   47.01 
real-time RS chart chart add note Sunnova Energy 34.859  Fri 3.76 30.916 12.76 29.572 1.343 4.54   3.36 
real-time RS chart chart S add note Panda Green Energy 0.030  Fri 3.66 0.030 0.027 0.003 11.38   -0.79 
real-time RS chart chart add note Enlight Renewable 203.443  Thu 3.44 196.451 3.56 179.764 16.687 9.28   11.24 
real-time RS chart chart add note Xinyi Solar 1.836  Fri 3.31 1.793 2.36 1.706 0.087 5.12   15.65 
real-time RS chart chart add note West Holdings 40.773  Fri 3.04 38.409 6.16 33.032 5.377 16.28   31.92 
real-time RS chart chart add note Soltec Power 7.341  Fri 2.88 7.114 3.19 6.413 0.701 10.93   -na- 
real-time RS chart chart add note First Solar 78.721  Fri 2.75 74.430 5.77 78.498 -4.068 -5.18   0.73 
real-time RS chart chart add note Grenergy Renovables 30.271  Fri 2.38 30.487 -0.71 22.310 8.177 36.65   16.20 
real-time RS chart chart add note Azure Power Global 23.834  Fri 2.16 20.980 13.61 26.929 -5.949 -22.09   -15.97 
real-time RS chart chart add note Meyer Burger 0.468  Fri 2.09 0.441 6.12 0.298 0.143 47.99   42.90 
real-time RS chart chart add note Shoals Technologies 26.616  Fri 2.00 24.749 7.54     -na- 
real-time RS chart chart L add note JinkoSolar 49.306  Fri 1.78 49.105 0.41 56.966 -7.861 -13.80   33.93 
real-time RS chart chart S add note Sunrun 48.464  Fri 0.67 45.829 5.75 50.585 -4.756 -9.40   -9.33 
real-time RS chart chart add note SunPower 22.663  Fri 0.57 21.684 4.51 17.558 4.127 23.50   17.41 
real-time RS chart chart add note Neoen 39.590  Fri 0.55 39.482 0.27 51.465 -11.983 -23.28   -16.80 
real-time RS chart chart add note United Renewable 0.697  Thu 0.411 69.72 0.490 -0.079 -16.18   -1.53 
real-time RS chart chart S add note Scatec 19.679  Fri -0.18 19.581 0.50 23.195 -3.614 -15.58   -18.96 
real-time RS chart chart add note Daqo New Energy 54.210  Fri -0.24 51.676 4.90 38.194 13.481 35.30   22.80 
real-time RS chart chart add note Array Tech 12.388  Fri -0.51 11.967 3.52 38.287 -26.320 -68.74   -na- 
real-time RS chart chart S add note SMA Solar 47.741  Fri -0.59 46.682 2.27 46.518 0.164 0.35   -3.43 
real-time RS chart chart S add note SolarEdge 237.408  Fri -0.63 224.727 5.64 211.966 12.761 6.02   -2.93 
real-time RS chart chart L add note BCPG 0.406  Fri -0.68 0.401 1.39 0.388 0.013 3.24   -1.82 
  instrument freshest Δday 7/26/21 Δwk 11/09/20  prc diff Δ37   ∅-RS
real-time RS chart chart add note Encavis 16.681  Fri -0.84 16.898 -1.28 19.142 -2.244 -11.72   -6.97 
real-time RS chart chart S add note Canadian Solar 36.826  Fri -1.13 34.804 5.81 35.844 -1.040 -2.90   -1.86 
real-time RS chart chart add note GCL Poly Energy 0.233  Fri -2.46 0.233 0.048 0.185 388.99   182.01 
real-time RS chart chart add note Solaria Energía 17.584  Fri -2.55 18.222 -3.50 18.915 -0.693 -3.67   -3.46 
real-time RS chart chart L add note Sino-American Sili 6.161  Fri -3.32 6.813 -9.57 3.384 3.429 101.33   55.82 
real-time RS chart chart add note Xinte Energy 2.087  Fri -5.94 2.383 -12.40 0.894 1.489 166.50   125.59 
 PPVX - 29 out of 30 instruments rated - 7/26/21 / 11/09/20 - 18 did rise, Market-Ratio(37) in CHF = 62.07 % 
 
Technical Chart
PPVX RS = 37 - B/S = 52/31
Market Chart
1/02/17 scale up chart 7/26/21
 


Transactions Photon Photovoltaik-Aktienindex in Swiss Franc * 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  Panda Green Energy 100  407,633   0.025  0.021 0.029  0.004 18  11,821 107  
long 2/05/07   6/23/08 504  RT RS QC  SunPower 100  206   57.144  85.594    28.451 50  17,682 34  
short 6/23/08   7/06/09 378  RT RS QC  JA Solar Energy 100  194   90.721  20.539 400.720  309.999 342  77,822 320  
long 7/06/09   7/18/11 742  RT RS QC  GCL Poly Energy 100  210,931   0.369  0.423    0.054 15  89,274 7  
short 7/18/11   1/14/13 546  RT RS QC  REC Silicon 100  8,387   10.644  1.966 57.633  46.990 441  483,376 209  
long 1/14/13  10/06/14 630  RT RS QC  SFCE 100  7,072,917   0.068  0.959    0.890 1,303  6,780,689 362  
short 10/06/14   4/20/15 196  RT RS QC  SMA Solar 100  282,440   24.008  15.072 38.241  14.233 59  10,800,686 138  
long 4/20/15   5/11/15 21  RT RS QC  Encavis 100  1,631,483   6.620  7.095    0.475 7  11,575,341 233  
short 5/11/15   6/29/15 49  RT RS QC  REC Silicon 100  5,277,635   2.193  2.034 2.365  0.171 8  12,478,969 75  
long 6/29/15   7/27/15 28  RT RS QC  Encavis 100  1,884,399   6.622  7.913    1.291 19  14,910,899 919  
short 7/27/15   7/03/17 707  RT RS QC  SFCE 100  45,296,955   0.329  0.054 1.996  1.667 506  90,417,252 154  
long 7/03/17   7/16/18 378  RT RS QC  Panda Green Energy 100  711,511,771   0.127  0.069    -0.058 -46  48,805,274 -45  
short 7/16/18   4/29/19 287  RT RS QC  Panda Green Energy 100  711,511,771   0.069  0.044 0.108  0.039 57  76,843,271 78  
long 4/29/19   7/30/21 823  RT RS QC  Enphase Energy 100  7,382,755   10.408  173.472    163.064 1,567  1,281m 248  
accum11/13/06 7/30/215376 days out of 5691 invested (94%) 12,806,932 1,281m 122  

Instrument Related Contribution
 instrumentL/Sdate buy date selldaysprc buyprc sellps shortprc diffd %total 
 SFCElong  1/14/13 10/06/146300.070.960.89 1,302.78 
 short  7/27/15  7/03/177070.330.052.001.67 506.388,406.21 
 Enphase Energylong  4/29/19  7/30/2182310.41173.47163.06 1,566.641,566.64 
 REC Siliconshort  7/18/11  1/14/1354610.641.9757.6346.99 441.48 
 short  5/11/15  6/29/15492.192.032.360.17 7.81483.75 
 JA Solar Energyshort  6/23/08  7/06/0937890.7220.54400.72310.00 341.71341.71 
 SMA Solarshort 10/06/14  4/20/1519624.0115.0738.2414.23 59.2959.29 
 SunPowerlong  2/05/07  6/23/0850457.1485.5928.45 49.7949.79 
 Encavislong  4/20/15  5/11/15216.627.090.47 7.17 
 long  6/29/15  7/27/15286.627.911.29 19.4928.06 
 GCL Poly Energylong  7/06/09  7/18/117420.370.420.05 14.7214.72 
 Panda Green Energyshort 11/13/06  2/05/07840.020.020.030.00 18.21 
 long  7/03/17  7/16/183780.130.07-0.06 -46.02 
 short  7/16/18  4/29/192870.070.040.110.04 57.450.47 


Annotations
7/23/21PPVXXinte Energy replaces Maxeon
6/25/21PPVXEnlight Renewable Energy and Flat Glass Group replace Solarpack and Renesola
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