Assessment - Photon Photovoltaik-Aktienindex in Swiss Franc - 11/10/21 - RS = 37

 ⇐ 

								instrument	freshest		⇓ Δday	11/10/21	⇓ Δwk	25/01/21	prc diff	⇓ Δ37		⇓∅-RS
						S		SOM Price Index	4,346.697	Fri	0.70	4,140.960	4.97	5,371.641	-1,230.681	-22.91		0.09
								Array Tech	17.493	Fri	-5.65	17.771	-1.56	42.924	-25.153	-58.60		-na-
								Azure Power Global	20.089	Fri	-2.56	20.200	-0.55	36.338	-16.138	-44.41		-16.59
						S		BCPG	0.381	Fri	-0.72	0.384	-0.72	0.460	-0.076	-16.45		-6.27
						S		Canadian Solar	34.032	Fri	1.19	32.284	5.41	53.762	-21.478	-39.95		-14.98
								Daqo New Energy	59.303	Fri	0.74	56.929	4.17	85.334	-28.405	-33.29		2.45
								Encavis	17.265	Fri		16.267	6.13	26.423	-10.156	-38.44		-12.16
								Enlight Renewable	219.033	Fri	1.27	203.903	7.42	174.572	29.330	16.80		10.96
								Enphase Energy	160.303	Fri	-0.49	149.494	7.23	179.944	-30.450	-16.92		8.40
						L		First Solar	97.441	Fri	-1.03	94.827	2.76	93.145	1.681	1.81		19.73
								Flat Glass	4.531	Fri	8.88	4.173	8.57	3.855	0.318	8.26		30.89
								GCL Poly Energy	0.236	Fri	-2.46	0.236		0.294	-0.058	-19.81		59.80
								Grenergy Renovables	32.331	Fri	1.01	30.776	5.05	32.463	-1.687	-5.20		0.76
								JinkoSolar	47.993	Fri	2.62	46.435	3.35	60.268	-13.833	-22.95		4.03
								Meyer Burger	0.460	Fri	-0.99	0.409	12.41	0.365	0.044	12.11		3.33
								Neoen	38.197	Fri	-2.68	36.395	4.95	72.799	-36.404	-50.01		-19.55
						L		Panda Green Energy	0.036	Fri		0.036		0.036	0.000	0.72		15.02
						S		Scatec	16.380	Fri	-2.29	15.698	4.34	38.269	-22.572	-58.98		-36.11
								Shoals Technologies	26.170	Fri	-3.19	26.467	-1.12					-na-
								Sino-American Sili	6.080	Fri	4.55	5.980	1.66	5.449	0.531	9.74		16.35
						S		SMA Solar	43.258	Fri	5.22	39.548	9.38	70.804	-31.256	-44.14		-21.81
								SolarEdge	277.638	Fri	-1.98	256.622	8.19	275.264	-18.641	-6.77		3.51
						S		Solaria Energía	16.005	Fri	0.64	14.938	7.14	27.178	-12.241	-45.04		-22.46
								Soltec Power	7.136	Fri	-1.41	6.756	5.63	12.403	-5.647	-45.53		-na-
								Sunnova Energy	35.320	Fri	-0.78	33.336	5.95	44.212	-10.875	-24.60		2.73
								instrument	freshest		⇓ Δday	11/10/21	⇓ Δwk	25/01/21	prc diff	⇓ Δ37		⇓∅-RS
								SunPower	25.531	Fri	0.18	24.233	5.36	42.010	-17.778	-42.32		6.75
						S		Sunrun	45.091	Fri	-1.56	41.772	7.94	69.774	-28.002	-40.13		-14.68
						S		United Renewable	0.752	Fri	2.25	0.682	10.17	0.728	-0.046	-6.27		-10.92
								West Holdings	44.817	Fri	9.16	41.301	8.51	45.092	-3.791	-8.41		24.32
								Xinte Energy	2.385	Fri	4.82	2.299	3.73	3.265	-0.966	-29.59		48.31
						S		Xinyi Solar	1.896	Fri	6.43	1.798	5.44	2.183	-0.385	-17.65		1.60
PPVX - 29 out of 30 instruments rated - 11/10/21 / 25/01/21 - 6 did rise, Market-Ratio(37) in CHF = 20.69 %

 

Technical Chart

	PPVX RS = 37 - B/S = 52/31
2/01/17	scale up chart	11/10/21

 

Transactions Photon Photovoltaik-Aktienindex in Swiss Franc * 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
2/01/06		13/11/06	315				- cash -
short	13/11/06	5/02/07	84				Panda Green Energy	100	407,633		0.025	0.021	0.029	0.004	18	11,821	107
long	5/02/07	23/06/08	504				SunPower	100	206		57.144	85.594		28.451	50	17,682	34
short	23/06/08	6/07/09	378				JA Solar Energy	100	194		90.721	20.539	400.720	309.999	342	77,822	320
long	6/07/09	18/07/11	742				GCL Poly Energy	100	210,931		0.369	0.423		0.054	15	89,274	7
short	18/07/11	14/01/13	546				REC Silicon	100	8,387		10.644	1.966	57.633	46.990	441	483,376	209
long	14/01/13	6/10/14	630				SFCE	100	7,072,917		0.068	0.959		0.890	1,303	6,780,689	362
short	6/10/14	20/04/15	196				SMA Solar	100	282,440		24.008	15.072	38.241	14.233	59	10,800,686	138
long	20/04/15	11/05/15	21				Encavis	100	1,631,483		6.620	7.095		0.475	7	11,575,341	233
short	11/05/15	29/06/15	49				REC Silicon	100	5,277,635		2.193	2.034	2.365	0.171	8	12,478,969	75
long	29/06/15	27/07/15	28				Encavis	100	1,884,399		6.622	7.913		1.291	19	14,910,899	919
short	27/07/15	3/07/17	707				SFCE	100	45,296,955		0.329	0.054	1.996	1.667	506	90,417,252	154
long	3/07/17	16/07/18	378				Panda Green Energy	100	711,511,771		0.127	0.069		-0.058	-46	48,805,274	-45
short	16/07/18	29/04/19	287				Panda Green Energy	100	711,511,771		0.069	0.044	0.108	0.039	57	76,843,271	78
long	29/04/19	20/09/21	875				Enphase Energy	100	7,382,755		10.408	141.363		130.954	1,258	1,044m	197
short	20/09/21	15/10/21	25				Scatec	100	59,326,880		17.591	16.380	18.893	1.301	7	1,121m	184
accum	13/11/06	15/10/21	5452	days out of 5767 invested (95%)										11,208,468		1,121m	118

instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %			total
SFCE	long	14/01/13	6/10/14	630	0.07	0.96		0.89	1,302.78
	short	27/07/15	3/07/17	707	0.33	0.05	2.00	1.67	506.38			8,406.21
Enphase Energy	long	29/04/19	20/09/21	875	10.41	141.36		130.95	1,258.15			1,258.15
REC Silicon	short	18/07/11	14/01/13	546	10.64	1.97	57.63	46.99	441.48
	short	11/05/15	29/06/15	49	2.19	2.03	2.36	0.17	7.81			483.75
JA Solar Energy	short	23/06/08	6/07/09	378	90.72	20.54	400.72	310.00	341.71			341.71
SMA Solar	short	6/10/14	20/04/15	196	24.01	15.07	38.24	14.23	59.29			59.29
SunPower	long	5/02/07	23/06/08	504	57.14	85.59		28.45	49.79			49.79
Encavis	long	20/04/15	11/05/15	21	6.62	7.09		0.47	7.17
	long	29/06/15	27/07/15	28	6.62	7.91		1.29	19.49			28.06
GCL Poly Energy	long	6/07/09	18/07/11	742	0.37	0.42		0.05	14.72			14.72
Scatec	short	20/09/21	15/10/21	25	17.59	16.38	18.89	1.30	7.40			7.40
Panda Green Energy	short	13/11/06	5/02/07	84	0.02	0.02	0.03	0.00	18.21
	long	3/07/17	16/07/18	378	0.13	0.07		-0.06	-46.02
	short	16/07/18	29/04/19	287	0.07	0.04	0.11	0.04	57.45			0.47

Annotations

29/07/21	United Renewable			reverse stock split 0.5658:1
23/07/21	PPVX			Xinte Energy replaces Maxeon
25/06/21	PPVX			Enlight Renewable Energy and Flat Glass Group replace Solarpack and Renesola
1/04/21	GCL Poly Energy			suspended
5/02/21	PPVX			Shoals Technologies Group replaces SPCG
25/01/21	PPVX			Grenergy Renovables and ReneSola replace Motech Industries and Shinsung E&G
17/11/20	Daqo New Energy			stock split 1:5 (five for one)
31/10/20	PPVX			Soltec Power replaces REC Silicon
23/10/20	PPVX			Array Technologies and REC Silicon replace 7C Solarparken and Tainergy
8/10/20	PPVX			Tainergy Tech replaces Vivint Solar (acquired by Sunrun)
21/09/20	PPVX			Motech Industries and Shinsung E&G replace China Shuifa Singyes and Thai Solar Energy
27/03/20	PPVX			China Singyes Solar and Edisun Power Europe replace Motech and Terraform Power
28/12/19	PPVX			Motech replaces SFCE
8/11/19	PPVX			Neoen replaces REC Silicon
29/07/19	PPVX			Sunnova replaces Shinsung E&G
16/02/19	PPVX			7C Solarparken replaces China Singyes Solar
10/12/18	PPVX			SFCE and Solarapack replace Motech Industries and Green Energy Technology
1/10/18	PPVX			Thai Solar Energy returns for Gintech Energy (merger with Neo Solar Power)
20/07/18	PPVX			West Holdings replaces JA Solar
17/07/18	PPVX			JA Solar exits due to becoming private (mergered with JASO Acquisition Holding as wholly owner)
25/06/18	Green Energy T			returns replacing 8point3
21/06/18	8point3			drops out due to acquisition by Capital Dynamics
18/05/18	PPVX			Enphase Energy replaces Thai Solar Energy PCL (exit due to low stock market value)
27/02/18	Capital Stage			renames into Encavis (ENergy + CApital + VISion)
16/02/18	PPVX			Solaria Energía replaces SFCE (market value falls below exit threshold)
30/12/17	PPVX			Vivint Solar replaces TerraForm Global (acquired by Brookfield Asset Management)
11/08/17	PPVX			Shinsung E&G replaces Green Energy Technology
14/03/17	PPVX			Azure Power Global replaces Trina Solar
25/11/16	PPVX			Thai Solar Energy replaces SolarCity (acquired by Tesla)
4/11/16	PPVX			SPCG replaces SPI
8/10/16	Chorus			is replaced by BCPG
8/08/16	Capital Stage			acquires Chorus Clean Energy
3/06/16	PPVX			complete analysis - all techniques have been refreshed using new market composition
2/06/16	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
18/08/15	Solarenergie			complete analysis
1/07/15	Scatec Solar			monitoring started
14/03/15	Solar Energy			first complete analysis

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