Share-o-matic - Portfolio

Tue, 21st Mar 2023, 2:16UTC

Assessment - Photon Photovoltaik-Aktienindex in Euro - 13/03/23 - RS = 37

		⇓instrument	freshest		⇓ Δday	13/03/23	⇓ Δwk	27/06/22	prc diff	⇓ Δ37	∅-RS
		SOM Price Index	3,903.875	Mon	0.03	4,190.341	-6.84	4,260.330	-69.989	-1.64	-2.43
		First Solar	190.536	Mon	2.53	189.512	0.54	66.623	122.890	184.46	91.45
		Maxeon Solar	21.774	Mon	3.40	23.887	-8.85	12.764	11.123	87.14	56.36
		SMA Solar	71.550	Mon	-2.85	78.600	-8.97	41.800	36.800	88.04	56.03
		Array Tech	16.039	Mon	0.94	18.301	-12.36	11.764	6.537	55.57	33.81
		Meyer Burger	0.522	Mon	-0.39	0.587	-11.06	0.425	0.162	38.17	22.56
		Canadian Solar	33.382	Mon	2.37	36.491	-8.52	32.028	4.463	13.93	10.52
	L	Xinte Energy	2.287	Mon	-2.92	2.434	-6.05	2.863	-0.429	-14.97	10.48
	L	SolarEdge	253.493	Mon	1.91	294.360	-13.88	281.623	12.737	4.52	9.30
		Shoals Technologies	19.223	Mon	2.69	19.605	-1.95	17.104	2.501	14.62	2.77
	L	Sino-American Sili	4.642	Mon	-1.30	4.795	-3.18	4.839	-0.044	-0.90	-0.62
		Daqo New Energy	44.683	Mon	5.08	46.387	-3.67	68.028	-21.642	-31.81	-2.08
	S	United Renewable	0.652	Mon	1.18	0.631	3.39	0.731	-0.100	-13.67	-7.33
		JinkoSolar	41.937	Mon	5.36	46.247	-9.32	64.028	-17.781	-27.77	-9.24
		Enphase Energy	179.207	Mon	4.83	196.913	-8.99	194.500	2.413	1.24	-9.09
	S	Solaria Energía	16.620	Mon	-1.60	17.325	-4.07	20.980	-3.655	-17.42	-9.12
	S	Encavis	16.560	Mon	1.41	16.875	-1.87	17.900	-1.025	-5.73	-12.30
	S	Enlight Renewable	1,514.238	Mon	0.69	1,602.886	-5.53	1,899.386	-296.499	-15.61	-20.27
	L	Flat Glass	2.301	Mon	-1.62	2.458	-6.38	3.422	-0.964	-28.17	-16.18
		BCPG	0.248	Mon	2.22	0.246	1.10	0.294	-0.048	-16.35	-14.45
	S	Grenergy Renovables	26.060	Mon	-2.40	28.180	-7.52	37.460	-9.280	-24.77	-13.98
		Xinyi Solar	1.010	Mon	-3.19	1.050	-3.73	1.482	-0.432	-29.17	-18.28
	S	Sunnova Energy	11.813	Mon	-1.86	15.658	-24.55	19.896	-4.238	-21.30	-19.77
	S	Sunrun	15.853	Mon	-1.67	19.791	-19.90	24.142	-4.351	-18.02	-21.49
	S	GCL Poly Energy	0.223	Mon	-3.59	0.236	-5.53	0.455	-0.218	-48.03	-22.41
		⇓instrument	freshest		⇓ Δday	13/03/23	⇓ Δwk	27/06/22	prc diff	⇓ Δ37	∅-RS
	S	SunPower	11.813	Mon	2.59	14.103	-16.24	17.104	-3.001	-17.54	-22.46
	S	West Holdings	20.981	Mon	-5.66	23.394	-10.31	28.270	-4.876	-17.25	-23.68
	S	ReNew Energy Global	4.124	Mon	-7.90	4.366	-5.54	6.028	-1.662	-27.58	-28.68
	S	Neoen	28.110	Mon	1.30	26.880	4.58	38.200	-11.320	-29.63	-28.50
	S	Scatec	5.741	Mon	-0.18	5.695	0.81	8.856	-3.160	-35.69	-35.78
		Nextracker	26.959	Mon	-0.38	29.789	-9.50				-na-
PPVX - 29 out of 30 instruments rated - 13/03/23 / 27/06/22 - 9 did rise, Market-Ratio(37) in EUR = 31.03 %

Technical Chart

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

7/01/19	scale up chart	13/03/23

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
2/01/06		13/11/06	315		- cash -
short	13/11/06	5/02/07	84		Beijing Energy	100	649,889	0.015	0.013	0.018	0.003	20	11,958	117
long	5/02/07	23/06/08	504		SunPower	100	338	35.326	52.957		17.631	50	17,917	34
short	23/06/08	6/07/09	378		JA Solar Energy	100	319	56.129	13.520	233.015	176.886	315	74,344	295
long	6/07/09	18/07/11	742		GCL Poly Energy	100	306,104	0.243	0.367		0.124	51	112,373	23
short	18/07/11	14/01/13	546		REC Silicon	100	12,171	9.232	1.613	52.852	43.620	472	643,266	221
long	14/01/13	6/10/14	630		SFCE	100	11,472,875	0.056	0.791		0.735	1,310	9,071,222	363
short	6/10/14	20/04/15	196		SMA Solar	100	458,142	19.800	14.680	26.706	6.906	35	12,235,014	75
long	20/04/15	11/05/15	21		Encavis	100	1,897,489	6.448	6.809		0.361	6	12,920,007	158
short	11/05/15	29/06/15	49		REC Silicon	100	6,138,130	2.105	1.957	2.264	0.159	8	13,896,727	72
long	29/06/15	27/07/15	28		Encavis	100	2,181,589	6.370	7.409		1.039	16	16,163,398	617
short	27/07/15	3/07/17	707		SFCE	100	52,440,772	0.308	0.050	1.917	1.609	522	101m	157
long	3/07/17	16/07/18	378		Beijing Energy	100	866,475,351	0.116	0.059		-0.057	-49	50,918,662	-48
short	16/07/18	29/04/19	287		Beijing Energy	100	866,475,352	0.059	0.038	0.090	0.032	54	78,329,372	73
long	29/04/19	20/09/21	875		Enphase Energy	100	8,579,559	9.130	130.001		120.871	1,324	1,115m	203
short	20/09/21	22/11/21	63		Scatec	100	68,944,244	16.178	16.171	16.184	0.007	0	1,116m	0
long	22/11/21	20/12/21	28		GCL Poly Energy	100	2831,414,911	0.394	0.265		-0.129	-33	749m	-99
short	20/12/21	22/08/22	245		Daqo New Energy	100	22,238,981	33.701	62.701	4.701	-29.000	-86	105m	-95
long	22/08/22	19/12/22	119		Array Tech	100	5,066,016	20.635	19.241		-1.394	-7	97,477,488	-19
short	19/12/22	16/01/23	28		Flat Glass	100	43,881,325	2.221	2.694	1.749	-0.472	-21	76,744,051	-96
long	16/01/23	20/02/23	35		First Solar	100	460,736	166.568	153.701		-12.867	-8	70,815,624	-57
short	20/02/23	20/03/23	28		Scatec	100	10,618,848	6.669	5.741	7.746	1.077	16	82,255,722	604
accum	13/11/06	20/03/23	5972	days out of 6287 invested (95%)							822,457		82,255,722	73

Instrument Related Contribution

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	0.06	0.79		0.73	1,310.18
	short	27/07/15	3/07/17	707	0.31	0.05	1.92	1.61	521.92	8,670.23
Enphase Energy	long	29/04/19	20/09/21	875	9.13	130.00		120.87	1,323.92	1,323.92
REC Silicon	short	18/07/11	14/01/13	546	9.23	1.61	52.85	43.62	472.47
	short	11/05/15	29/06/15	49	2.10	1.96	2.26	0.16	7.56	515.75
JA Solar Energy	short	23/06/08	6/07/09	378	56.13	13.52	233.01	176.89	315.14	315.14
SunPower	long	5/02/07	23/06/08	504	35.33	52.96		17.63	49.91	49.91
SMA Solar	short	6/10/14	20/04/15	196	19.80	14.68	26.71	6.91	34.88	34.88
Encavis	long	20/04/15	11/05/15	21	6.45	6.81		0.36	5.60
	long	29/06/15	27/07/15	28	6.37	7.41		1.04	16.31	22.82
Scatec	short	20/09/21	22/11/21	63	16.18	16.17	16.18	0.01	0.04
	short	20/02/23	20/03/23	28	6.67	5.74	7.75	1.08	16.15	16.20
GCL Poly Energy	long	6/07/09	18/07/11	742	0.24	0.37		0.12	51.15
	long	22/11/21	20/12/21	28	0.39	0.26		-0.13	-32.83	1.53
Array Tech	long	22/08/22	19/12/22	119	20.64	19.24		-1.39	-6.75	-6.75
Beijing Energy	short	13/11/06	5/02/07	84	0.02	0.01	0.02	0.00	19.58
	long	3/07/17	16/07/18	378	0.12	0.06		-0.06	-49.35
	short	16/07/18	29/04/19	287	0.06	0.04	0.09	0.03	53.83	-6.82
First Solar	long	16/01/23	20/02/23	35	166.57	153.70		-12.87	-7.72	-7.72
Flat Glass	short	19/12/22	16/01/23	28	2.22	2.69	1.75	-0.47	-21.27	-21.27
Daqo New Energy	short	20/12/21	22/08/22	245	33.70	62.70	4.70	-29.00	-86.05	-86.05

Annotations

10/02/23	PPVX	Nextracker replaces Beijing Energy
6/02/23	Enlight Renewable	reverse split 10:1 (one for ten)
25/09/22	PPVX	Maxeon Solar Technologies replaces Azure Power Global
29/10/21	PPVX	ReNew Energy Global replaces Soltec Power
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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