RS Chart
Assessment - Photon Photovoltaik-Aktienindex in Euro - 6/27/22 - RS = 37
 ⇐ 
  instrument freshest Δday 6/27/22 Δwk 10/11/21  prc diff Δ37   ∅-RS
real-time RS chart chart L add note SOM Price Index 4,262.170  09:27 0.04 4,260.330 0.04 3,861.611 398.719 10.33   10.14 
real-time RS chart chart L add note JinkoSolar 64.028  Mon 10.23 64.028 43.303 20.726 47.86   45.87 
real-time RS chart chart L add note Daqo New Energy 68.028  Mon 7.29 68.028 53.089 14.939 28.14   54.37 
real-time RS chart chart L add note Canadian Solar 32.028  Mon 4.85 32.028 30.106 1.922 6.38   8.61 
real-time RS chart chart L add note SunPower 17.104  Mon 4.44 17.104 22.598 -5.494 -24.31   -8.66 
real-time RS chart chart L add note Sunnova Energy 19.896  Mon 4.41 19.896 31.087 -11.191 -36.00   -13.60 
real-time RS chart chart add note SolarEdge 281.623  Mon 4.25 281.623 239.310 42.312 17.68   13.79 
real-time RS chart chart L add note Shoals Technologies 17.104  Mon 4.14 17.104 24.681 -7.578 -30.70   -7.56 
real-time RS chart chart L add note Enphase Energy 194.500  Mon 3.92 194.500 139.409 55.091 39.52   25.83 
real-time RS chart chart L add note GCL Poly Energy 0.471  08:08 3.70 0.455 3.70 0.220 0.234 106.51   68.71 
real-time RS chart chart L add note Xinte Energy 2.947  08:08 2.94 2.863 2.94 2.144 0.719 33.53   41.74 
real-time RS chart chart S add note BCPG 0.294  Mon 2.80 0.294 0.358 -0.064 -17.98   -13.79 
real-time RS chart chart add note Neoen 38.950  09:27 1.96 38.200 1.96 33.940 4.260 12.55   6.85 
real-time RS chart chart S add note Panda Green Energy 0.029  08:08 1.67 0.029 1.67 0.033 -0.004 -13.46   -5.00 
real-time RS chart chart add note Enlight Renewable 189.939  Mon 1.54 189.939 190.147 -0.209 -0.11   -3.23 
real-time RS chart chart L add note Sunrun 24.142  Mon 1.47 24.142 38.954 -14.813 -38.03   -19.45 
real-time RS chart chart S add note Azure Power Global 12.660  Mon 1.44 12.660 18.837 -6.177 -32.79   -21.26 
real-time RS chart chart L add note Grenergy Renovables 38.000  09:16 1.44 37.460 1.44 28.700 8.760 30.52   23.14 
real-time RS chart chart add note Encavis 17.900  Mon 1.36 17.900 15.170 2.730 18.00   9.77 
real-time RS chart chart S add note First Solar 66.623  Mon 0.78 66.623 88.430 -21.807 -24.66   -11.15 
real-time RS chart chart L add note SMA Solar 41.800  Mon 0.53 41.800 36.880 4.920 13.34   6.62 
real-time RS chart chart L add note Array Tech 11.764  Mon 0.48 11.764 16.572 -4.808 -29.01   1.58 
real-time RS chart chart add note Solaria Energía 20.980  Mon -0.10 20.980 13.930 7.050 50.61   23.16 
real-time RS chart chart S add note ReNew Energy Global 6.028  Mon -0.16 6.028 8.040 -2.012 -25.02   -16.50 
real-time RS chart chart L add note Meyer Burger 0.424  09:26 -0.28 0.425 -0.28 0.382 0.043 11.31   6.41 
  instrument freshest Δday 6/27/22 Δwk 10/11/21  prc diff Δ37   ∅-RS
real-time RS chart chart S add note Flat Glass 3.404  08:08 -0.53 3.422 -0.53 3.892 -0.470 -12.07   -9.65 
real-time RS chart chart S add note Scatec 8.856  Mon -0.71 8.856 14.639 -5.783 -39.51   -36.11 
real-time RS chart chart S add note Xinyi Solar 1.470  08:08 -0.81 1.482 -0.81 1.677 -0.195 -11.63   -8.34 
real-time RS chart chart L add note United Renewable 0.724  05:30 -0.87 0.731 -0.87 0.636 0.094 14.82   8.34 
real-time RS chart chart add note Sino-American Sili 4.664  05:30 -3.62 4.839 -3.62 5.577 -0.738 -13.24   -16.85 
real-time RS chart chart S add note West Holdings 27.050  06:15 -4.32 28.270 -4.32 38.515 -10.245 -26.60   -22.82 
 PPVX - 30 out of 30 instruments rated - 6/27/22 / 10/11/21 - 14 did rise, Market-Ratio(37) in EUR = 46.67 % 
 
Technical Chart
PPVX RS = 37 - B/S = 52/31
Market Chart
1/01/18 scale up chart 6/27/22
 


Transactions Photon Photovoltaik-Aktienindex in Euro * 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  649,889   0.015  0.013 0.018  0.003 20  11,958 117  
long 2/05/07   6/23/08 504  RT RS QC  SunPower 100  338   35.326  52.957    17.631 50  17,917 34  
short 6/23/08   7/06/09 378  RT RS QC  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  RT RS QC  GCL Poly Energy 100  306,104   0.243  0.367    0.124 51  112,373 23  
short 7/18/11   1/14/13 546  RT RS QC  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  RT RS QC  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  RT RS QC  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  RT RS QC  Encavis 100  1,897,489   6.448  6.809    0.361 6  12,920,007 158  
short 5/11/15   6/29/15 49  RT RS QC  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  RT RS QC  Encavis 100  2,181,589   6.370  7.409    1.039 16  16,163,398 617  
short 7/27/15   7/03/17 707  RT RS QC  SFCE 100  52,440,772   0.308  0.050 1.917  1.609 522  101m 157  
long 7/03/17   7/16/18 378  RT RS QC  Panda Green Energy 100  866,475,351   0.116  0.059    -0.057 -49  50,918,662 -48  
short 7/16/18   4/29/19 287  RT RS QC  Panda Green 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  RT RS QC  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  RT RS QC  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  RT RS QC  GCL Poly Energy 100  2831,414,911   0.394  0.265    -0.129 -33  749m -99  
short 12/20/21   6/27/22 189  RT RS QC  Daqo New Energy 100  22,238,981   33.701  68.028 0.000  -33.701 -100  25 -100  
accum11/13/06 6/27/225706 days out of 6021 invested (95%) -100 25 -32  

Instrument Related Contribution
 instrumentL/Sdate buy date selldaysprc buyprc sellps shortprc diffd %total 
 SFCElong  1/14/13 10/06/146300.060.790.73 1,310.18 
 short  7/27/15  7/03/177070.310.051.921.61 521.928,670.23 
 Enphase Energylong  4/29/19  9/20/218759.13130.00120.87 1,323.921,323.92 
 REC Siliconshort  7/18/11  1/14/135469.231.6152.8543.62 472.47 
 short  5/11/15  6/29/15492.101.962.260.16 7.56515.75 
 JA Solar Energyshort  6/23/08  7/06/0937856.1313.52233.01176.89 315.14315.14 
 SunPowerlong  2/05/07  6/23/0850435.3352.9617.63 49.9149.91 
 SMA Solarshort 10/06/14  4/20/1519619.8014.6826.716.91 34.8834.88 
 Encavislong  4/20/15  5/11/15216.456.810.36 5.60 
 long  6/29/15  7/27/15286.377.411.04 16.3122.82 
 GCL Poly Energylong  7/06/09  7/18/117420.240.370.12 51.15 
 long 11/22/21 12/20/21280.390.26-0.13 -32.831.53 
 Scatecshort  9/20/21 11/22/216316.1816.1716.180.01 0.040.04 
 Panda Green Energyshort 11/13/06  2/05/07840.020.010.020.00 19.58 
 long  7/03/17  7/16/183780.120.06-0.06 -49.35 
 short  7/16/18  4/29/192870.060.040.090.03 53.83-6.82 
 Daqo New Energyshort 12/20/21  6/27/2218933.7068.030.00-33.70 -100.00-100.00 


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