Share-o-matic - Portfolio

Fri, Jan 17th, 2025, 15:51UTC

Assessment - Photon Photovoltaik-Aktienindex in Euro - 7/01/24 - RS = 37

		⇓instrument	freshest		⇓ Δday	7/01/24	Δwk	10/16/23	prc diff	⇓ Δ37	⇓∅-RS
	L	SOM Price Index	2,280.631	8/12/24	-1.07	2,413.324	-5.50	3,168.367	-755.042	-23.83	-21.18
	L	Sunrun	16.157	8/12/24	-3.13	10.176	58.77	11.308	-1.132	-10.01	-16.59
	L	Sunnova Energy	6.172	8/12/24	-4.47	4.876	26.58	9.981	-5.106	-51.15	-35.01
		Daqo New Energy	14.973	8/12/24	-4.74	13.341	12.23	24.901	-11.560	-46.42	-43.10
	L	Enphase Energy	101.723	8/12/24	1.16	90.675	12.18	120.488	-29.813	-24.74	-16.74
	L	Voltalia	10.180	8/12/24	-0.97	9.180	10.89	9.100	0.080	0.88	7.16
	L	Enlight Renewable	1,495.813	8/12/24	-3.23	1,390.442	7.58	1,244.271	146.171	11.75	-10.44
	L	Neoen	38.380	8/12/24	-0.10	37.340	2.79	24.640	12.700	51.54	31.70
	S	Flat Glass	1.394	8/12/24	-3.63	1.373	1.57	2.047	-0.674	-32.94	-29.49
		Encavis	17.000	8/12/24		16.900	0.59	12.305	4.595	37.34	20.38
	L	Grenergy Renovables	34.450	8/12/24	1.32	34.450		18.690	15.760	84.32	25.07
	L	Scatec	7.389	8/12/24	-1.46	7.503	-1.51	4.971	2.532	50.93	21.73
	L	First Solar	204.387	8/12/24	3.51	207.632	-1.56	143.408	64.223	44.78	31.25
	L	GCL Poly Energy	0.136	8/12/24		0.138	-1.72	0.165	-0.026	-16.04	-7.06
		ReNew Energy Global	5.482	8/12/24	-0.84	5.668	-3.29	5.289	0.379	7.17	0.88
	L	Solaria Energía	11.050	8/12/24	1.47	11.600	-4.74	14.270	-2.670	-18.71	-7.39
	L	Canadian Solar	12.306	8/12/24	-2.51	13.061	-5.78	21.470	-8.409	-39.16	-36.37
	L	Xinte Energy	0.900	8/12/24	1.62	0.967	-6.91	1.824	-0.857	-46.99	-26.54
	L	JinkoSolar	17.574	8/12/24	-3.48	19.177	-8.36	29.006	-9.828	-33.88	-29.99
		Xinyi Solar	0.421	8/12/24	0.28	0.469	-10.18	0.672	-0.203	-30.17	-25.05
	S	SolarEdge	19.988	8/12/24	1.13	22.347	-10.55	117.161	-94.814	-80.93	-70.77
		BCPG	0.141	8/09/24		0.159	-11.20	0.230	-0.072	-31.09	-24.60
		West Holdings	12.359	8/09/24	-1.38	14.339	-13.80	22.154	-7.815	-35.28	-20.81
	L	United Renewable	0.323	8/12/24	0.89	0.379	-14.72	0.411	-0.032	-7.82	-6.03
	L	Sino-American Sili	5.379	8/12/24	0.80	6.352	-15.32	4.876	1.476	30.26	20.05
		⇓instrument	freshest		⇓ Δday	7/01/24	Δwk	10/16/23	prc diff	⇓ Δ37	⇓∅-RS
	L	Nextracker	36.341	8/12/24	-2.01	42.998	-15.48	32.390	10.608	32.75	5.81
	S	Shoals Technologies	4.783	8/12/24	0.20	5.696	-16.04	14.977	-9.281	-61.97	-53.50
	S	SMA Solar	21.900	8/12/24	-1.26	26.480	-17.30	64.350	-37.870	-58.85	-30.04
		Altus Power	2.741	8/12/24	-6.96	3.477	-21.18	5.090	-1.613	-31.68	-28.47
	L	Array Tech	6.554	8/12/24	-0.99	8.922	-26.54	17.697	-8.775	-49.59	-38.90
	L	SunPower	0.186	8/12/24	-4.76	2.527	-92.62	5.488	-2.962	-53.97	-31.89
PPVX - 30 out of 30 instruments rated - 7/01/24 / 10/16/23 - 10 did rise, Market-Ratio(37) in EUR = 33.33 %

Technical Chart

	PPVX RS = 37 - B/S = 52/31

1/04/21	scale up chart	7/01/24

Transactions Photon Photovoltaik-Aktienindex in Euro * A37 - 52/31 (1)

													⇐
L/S	date buy	date sell	days		instrument	spl	pieces	prc buy	prc sell	ps short	prc diff	d %	asset	yield
1/02/06		11/13/06	315		- cash -
short	11/13/06	2/05/07	84		Beijing Energy	100	649,889	0.015	0.013	0.018	0.003	20	11,958	117
long	2/05/07	6/23/08	504		SunPower	100	338	35.326	52.957		17.631	50	17,917	34
short	6/23/08	7/06/09	378		JA Solar Energy	100	319	56.129	13.520	233.015	176.886	315	74,344	295
long	7/06/09	7/18/11	742		GCL Poly Energy	100	306,104	0.243	0.367		0.124	51	112,373	23
short	7/18/11	1/14/13	546		REC Silicon	100	12,171	9.232	1.613	52.852	43.620	472	643,266	221
long	1/14/13	10/06/14	630		SFCE	100	11,472,875	0.056	0.791		0.735	1,310	9,071,222	363
short	10/06/14	4/20/15	196		SMA Solar	100	458,142	19.800	14.680	26.706	6.906	35	12,235,014	75
long	4/20/15	5/11/15	21		Encavis	100	1,897,489	6.448	6.809		0.361	6	12,920,007	158
short	5/11/15	6/29/15	49		REC Silicon	100	6,138,130	2.105	1.957	2.264	0.159	8	13,896,727	72
long	6/29/15	7/27/15	28		Encavis	100	2,181,589	6.370	7.409		1.039	16	16,163,398	617
short	7/27/15	7/03/17	707		SFCE	100	52,440,772	0.308	0.050	1.917	1.609	522	101m	157
long	7/03/17	7/16/18	378		Beijing Energy	100	866,475,351	0.116	0.059		-0.057	-49	50,918,662	-48
short	7/16/18	4/29/19	287		Beijing Energy	100	866,475,352	0.059	0.038	0.090	0.032	54	78,329,372	73
long	4/29/19	9/20/21	875		Enphase Energy	100	8,579,559	9.130	130.001		120.871	1,324	1,115m	203
short	9/20/21	11/22/21	63		Scatec	100	68,944,244	16.178	16.171	16.184	0.007	0	1,116m	0
long	11/22/21	12/20/21	28		GCL Poly Energy	100	2831,414,911	0.394	0.265		-0.129	-33	749m	-99
short	12/20/21	8/22/22	245		Daqo New Energy	100	22,238,981	33.701	62.701	4.701	-29.000	-86	105m	-95
long	8/22/22	12/19/22	119		Array Tech	100	5,066,016	20.635	19.241		-1.394	-7	97,477,488	-19
short	12/19/22	1/16/23	28		Flat Glass	100	43,881,325	2.221	2.694	1.749	-0.472	-21	76,744,051	-96
long	1/16/23	2/20/23	35		First Solar	100	460,736	166.568	153.701		-12.867	-8	70,815,624	-57
short	2/20/23	8/12/24	539		Scatec	100	10,618,848	6.669	7.389	5.949	-0.720	-11	63,167,281	-7
accum	11/13/06	8/12/24	6640	days out of 6955 invested (95%)							631,573		63,167,281	62

Instrument Related Contribution

instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %	total
SFCE	long	1/14/13	10/06/14	630	0.06	0.79		0.73	1,310.18
	short	7/27/15	7/03/17	707	0.31	0.05	1.92	1.61	521.92	8,670.23
Enphase Energy	long	4/29/19	9/20/21	875	9.13	130.00		120.87	1,323.92	1,323.92
REC Silicon	short	7/18/11	1/14/13	546	9.23	1.61	52.85	43.62	472.47
	short	5/11/15	6/29/15	49	2.10	1.96	2.26	0.16	7.56	515.75
JA Solar Energy	short	6/23/08	7/06/09	378	56.13	13.52	233.01	176.89	315.14	315.14
SunPower	long	2/05/07	6/23/08	504	35.33	52.96		17.63	49.91	49.91
SMA Solar	short	10/06/14	4/20/15	196	19.80	14.68	26.71	6.91	34.88	34.88
Encavis	long	4/20/15	5/11/15	21	6.45	6.81		0.36	5.60
	long	6/29/15	7/27/15	28	6.37	7.41		1.04	16.31	22.82
GCL Poly Energy	long	7/06/09	7/18/11	742	0.24	0.37		0.12	51.15
	long	11/22/21	12/20/21	28	0.39	0.26		-0.13	-32.83	1.53
Array Tech	long	8/22/22	12/19/22	119	20.64	19.24		-1.39	-6.75	-6.75
Beijing Energy	short	11/13/06	2/05/07	84	0.02	0.01	0.02	0.00	19.58
	long	7/03/17	7/16/18	378	0.12	0.06		-0.06	-49.35
	short	7/16/18	4/29/19	287	0.06	0.04	0.09	0.03	53.83	-6.82
First Solar	long	1/16/23	2/20/23	35	166.57	153.70		-12.87	-7.72	-7.72
Scatec	short	9/20/21	11/22/21	63	16.18	16.17	16.18	0.01	0.04
	short	2/20/23	8/12/24	539	6.67	7.39	5.95	-0.72	-10.80	-10.76
Flat Glass	short	12/19/22	1/16/23	28	2.22	2.69	1.75	-0.47	-21.27	-21.27
Daqo New Energy	short	12/20/21	8/22/22	245	33.70	62.70	4.70	-29.00	-86.05	-86.05

Annotations

4/22/24	PPVX	Voltalia replaces Meyer Burger
11/13/23	PPVX	Altus Power replaces Maxeon
2/10/23	PPVX	Nextracker replaces Beijing Energy
2/06/23	Enlight Renewable	reverse split 10:1 (one for ten)
9/25/22	PPVX	Maxeon Solar Technologies replaces Azure Power Global
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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