Assessment - Photon Photovoltaik-Aktienindex in Swiss Franc - 7/01/24 - RS = 24

 ⇐ 

								⇓instrument	freshest		Δday	7/01/24	⇓ Δwk	1/15/24	prc diff	⇓ Δ24		⇓∅-RS
						L		SOM Price Index	2,210.501	8/12/24	-1.07	2,339.115	-5.50	2,808.609	-469.494	-16.72		-20.43
						L		First Solar	198.102	8/12/24	3.51	201.247	-1.56	137.294	63.953	46.58		32.69
						L		Xinte Energy	0.872	8/12/24	1.62	0.937	-6.91	1.077	-0.140	-12.96		-25.80
						L		Solaria Energía	10.710	8/12/24	1.47	11.243	-4.74	15.452	-4.209	-27.24		-9.85
						L		Grenergy Renovables	33.391	8/12/24	1.32	33.391		30.436	2.955	9.71		31.52
						L		Enphase Energy	98.595	8/12/24	1.16	87.887	12.18	94.319	-6.432	-6.82		-15.88
						S		SolarEdge	19.374	8/12/24	1.13	21.660	-10.55	63.530	-41.870	-65.91		-70.52
						L		United Renewable	0.313	8/12/24	0.89	0.367	-14.72	0.394	-0.026	-6.70		-5.16
						L		Sino-American Sili	5.214	8/12/24	0.80	6.156	-15.32	5.497	0.659	11.99		21.23
								Xinyi Solar	0.408	8/12/24	0.28	0.455	-10.18	0.443	0.012	2.60		-24.15
						S		Shoals Technologies	4.636	8/12/24	0.20	5.521	-16.04	11.612	-6.091	-52.45		-53.15
								BCPG	0.137	8/09/24		0.154	-11.20	0.204	-0.051	-24.76		-23.95
								Encavis	16.477	8/12/24		16.380	0.59	13.306	3.074	23.10		20.44
						L		GCL Poly Energy	0.132	8/12/24		0.134	-1.72	0.123	0.012	9.51		-6.02
						L		Neoen	37.200	8/12/24	-0.10	36.192	2.79	25.563	10.629	41.58		37.14
								ReNew Energy Global	5.313	8/12/24	-0.84	5.494	-3.29	6.213	-0.719	-11.57		1.79
						L		Voltalia	9.867	8/12/24	-0.97	8.898	10.89	8.096	0.801	9.90		-1.41
						L		Array Tech	6.353	8/12/24	-0.99	8.648	-26.54	12.151	-3.504	-28.83		-38.33
						S		SMA Solar	21.227	8/12/24	-1.26	25.666	-17.30	47.931	-22.265	-46.45		-54.02
								West Holdings	11.979	8/09/24	-1.38	13.898	-13.80	18.319	-4.422	-24.14		-20.09
						L		Scatec	7.162	8/12/24	-1.46	7.272	-1.51	6.100	1.172	19.21		22.93
						L		Nextracker	35.223	8/12/24	-2.01	41.675	-15.48	36.146	5.529	15.30		6.86
						L		Canadian Solar	11.928	8/12/24	-2.51	12.660	-5.78	19.117	-6.457	-33.78		-35.80
						L		Sunrun	15.660	8/12/24	-3.13	9.863	58.77	12.922	-3.058	-23.67		-15.85
						L		Enlight Renewable	1,449.816	8/12/24	-3.23	1,347.686	7.58	1,551.490	-203.804	-13.14		-9.56
								⇓instrument	freshest		Δday	7/01/24	⇓ Δwk	1/15/24	prc diff	⇓ Δ24		⇓∅-RS
						L		JinkoSolar	17.033	8/12/24	-3.48	18.588	-8.36	26.006	-7.418	-28.52		-29.33
						S		Flat Glass	1.351	8/12/24	-3.63	1.331	1.57	1.611	-0.280	-17.39		-28.66
						L		Sunnova Energy	5.982	8/12/24	-4.47	4.726	26.58	10.158	-5.432	-53.47		-34.64
								Daqo New Energy	14.512	8/12/24	-4.74	12.931	12.23	19.579	-6.648	-33.96		-42.51
						L		SunPower	0.181	8/12/24	-4.76	2.449	-92.62	2.781	-0.332	-11.95		-31.31
								Altus Power	2.657	8/12/24	-6.96	3.371	-21.18	5.203	-1.832	-35.22		-27.88
PPVX - 30 out of 30 instruments rated - 7/01/24 / 1/15/24 - 10 did rise, Market-Ratio(24) in CHF = 33.33 %

 

Technical Chart

	PPVX RS = 24 - B/S = 84/79
1/03/22	scale up chart	7/01/24

 

Transactions Photon Photovoltaik-Aktienindex in Swiss Franc * L24 - 84/79 (1)

																⇐
L/S	date buy	date sell	days				instrument	spl	pieces		prc buy	prc sell		prc diff	d %	asset	yield
1/02/06		11/27/06	329				- cash -
long	11/27/06	12/11/06	14				Encavis	100	3,297		3.033	3.047		0.014	0	10,047	13
12/11/06		3/19/07	98				- cash -
	3/19/07	4/23/07	35				Beijing Energy	100	286,403		0.035	0.044		0.009	26	12,613	971
4/23/07		5/28/07	35				- cash -
	5/28/07	7/23/07	56				Beijing Energy	100	160,690		0.078	0.551		0.473	602	88,566	> 999,999
7/23/07		10/15/07	84				- cash -
	10/15/07	11/26/07	42				Beijing Energy	100	238,388		0.372	0.296		-0.076	-20	70,562	-86
11/26/07		12/03/07	7				- cash -
	12/03/07	12/24/07	21				Beijing Energy	100	248,984		0.283	0.276		-0.008	-3	68,660	-38
12/24/07		5/04/09	497				- cash -
	5/04/09	6/15/09	42				GCL Poly Energy	100	422,320		0.163	0.348		0.186	114	147,048	74,796
6/15/09		11/01/10	504				- cash -
	11/01/10	12/06/10	35				Beijing Energy	100	730,156		0.201	0.204		0.003	1	149,228	17
12/06/10		12/13/10	7				- cash -
	12/13/10	12/27/10	14				Beijing Energy	100	719,498		0.207	0.190		-0.018	-9	136,463	-90
12/27/10		1/14/13	749				- cash -
	1/14/13	2/25/13	42				SFCE	100	1,996,773		0.068	0.146		0.078	114	291,357	72,801
2/25/13		4/15/13	49				- cash -
	4/15/13	6/24/13	70				SFCE	100	2,414,350		0.121	0.132		0.011	9	318,026	58
6/24/13		9/02/13	70				- cash -
	9/02/13	3/24/14	203				SFCE	100	760,016		0.418	0.952		0.534	127	723,505	338
3/24/14		3/31/14	7				- cash -
	3/31/14	4/07/14	7				SFCE	100	701,254		1.032	1.005		-0.026	-3	704,923	-74
4/07/14		4/08/19	1827				- cash -
	4/08/19	4/22/19	14				Enphase Energy	100	68,929		10.227	9.421		-0.805	-8	649,412	-88
4/22/19		6/10/19	49				- cash -
	6/10/19	6/24/19	14				Enphase Energy	100	40,543		16.018	17.009		0.992	6	689,616	379
6/24/19		8/31/20	434				- cash -
	8/31/20	10/08/20	38				Vivint Solar	100	24,744		27.870	39.426		11.556	41	975,567	2,699
10/08/20		10/12/20	4				- cash -
	10/12/20	3/29/21	168				Sunrun	100	16,828		57.971	48.680		-9.292	-16	819,207	-32
3/29/21		11/01/21	217				- cash -
	11/01/21	11/08/21	7				GCL Poly Energy	100	1,943,879		0.421	0.317		-0.105	-25	615,556	-100
11/08/21		2/01/26	1546				- cash -
accum	11/27/06	11/08/21	822	days out of 7335 invested (11%)										6,056		615,556	523

instrument	L/S	date buy	date sell	days	prc buy	prc sell		prc diff	d %			total
Beijing Energy	long	3/19/07	4/23/07	35	0.04	0.04		0.01	25.53
		5/28/07	7/23/07	56	0.08	0.55		0.47	602.20
		10/15/07	11/26/07	42	0.37	0.30		-0.08	-20.33
		12/03/07	12/24/07	21	0.28	0.28		-0.01	-2.70
		11/01/10	12/06/10	35	0.20	0.20		0.00	1.48
		12/13/10	12/27/10	14	0.21	0.19		-0.02	-8.55			534.17
SFCE		1/14/13	2/25/13	42	0.07	0.15		0.08	113.51
		4/15/13	6/24/13	70	0.12	0.13		0.01	9.15
		9/02/13	3/24/14	203	0.42	0.95		0.53	127.50
		3/31/14	4/07/14	7	1.03	1.01		-0.03	-2.57			416.57
GCL Poly Energy		5/04/09	6/15/09	42	0.16	0.35		0.19	114.17
		11/01/21	11/08/21	7	0.42	0.32		-0.10	-24.86			60.93
Vivint Solar		8/31/20	10/08/20	38	27.87	39.43		11.56	41.47			41.47
Encavis		11/27/06	12/11/06	14	3.03	3.05		0.01	0.47			0.47
Enphase Energy		4/08/19	4/22/19	14	10.23	9.42		-0.81	-7.87
		6/10/19	6/24/19	14	16.02	17.01		0.99	6.19			-2.17
Sunrun		10/12/20	3/29/21	168	57.97	48.68		-9.29	-16.03			-16.03

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

write an annotation