RS Chart
Assessment - Photon Photovoltaik-Aktienindex - 3/25/24 - RS = 37
 ⇐ 
  instrument freshest Δday 3/25/24 Δwk 7/10/23  prc diff Δ37  Curr ∅-RS
real-time RS chart chart add note SOM Price Index 3,103.490  06:15 -0.05 2,975.030 4.32 4,410.450 -1,435.420 -32.55  USD -19.63 
real-time RS chart chart add note Nextracker 57.960  Wed 2.28 60.125 -3.60 38.700 21.425 55.36  USD 48.47 
real-time RS chart chart L add note Sino-American Sili 215.000  05:30 -3.80 220.000 -2.27 160.000 60.000 37.50  TWD 29.41 
real-time RS chart chart L add note Encavis 16.860  Wed -0.06 16.880 -0.12 14.775 2.105 14.25  EUR 20.94 
real-time RS chart chart L add note Flat Glass 19.700  Wed 5.46 18.880 4.34 25.050 -6.170 -24.63  HKD 7.97 
real-time RS chart chart L add note Xinyi Solar 5.990  Wed 0.67 6.160 -2.76 8.450 -2.290 -27.10  HKD 5.91 
real-time RS chart chart add note Scatec 72.150  Wed -0.28 73.000 -1.16 74.950 -1.950 -2.60  NOK 4.20 
real-time RS chart chart add note Enlight Renewable 6,280.000  Wed -0.03 6,419.000 -2.17 6,487.000 -68.000 -1.05  ILS 2.26 
real-time RS chart chart add note ReNew Energy Global 6.000  Wed 2.04 5.970 0.50 5.620 0.350 6.23  USD 0.42 
real-time RS chart chart L add note GCL Poly Energy 1.270  Wed -3.79 1.310 -3.05 1.640 -0.330 -20.12  HKD -3.74 
real-time RS chart chart add note Neoen 25.660  Wed 25.500 0.63 27.760 -2.260 -8.14  EUR -5.73 
real-time RS chart chart S add note West Holdings 2,866.000  06:15 0.92 2,782.000 3.02 2,613.000 169.000 6.47  JPY -6.05 
real-time RS chart chart S add note Grenergy Renovables 24.740  Wed 1.31 24.640 0.41 27.640 -3.000 -10.85  EUR -6.43 
real-time RS chart chart L add note First Solar 167.450  Wed 9.33 154.770 8.19 190.820 -36.050 -18.89  USD -9.67 
real-time RS chart chart L add note Daqo New Energy 26.710  Wed 1.40 26.590 0.45 39.460 -12.870 -32.62  USD -10.32 
real-time RS chart chart add note Enphase Energy 119.800  Wed 9.56 111.050 7.88 175.470 -64.420 -36.71  USD -14.22 
real-time RS chart chart add note Altus Power 4.770  Wed 6.95 4.590 3.92 6.000 -1.410 -23.50  USD -17.08 
real-time RS chart chart L add note SMA Solar 56.650  Wed 3.09 53.900 5.10 95.000 -41.100 -43.26  EUR -20.90 
real-time RS chart chart add note Array Tech 15.100  Wed 6.94 13.800 9.42 20.200 -6.400 -31.68  USD -23.18 
real-time RS chart chart L add note Xinte Energy 10.080  Wed -2.33 9.900 1.82 15.860 -5.960 -37.58  HKD -24.46 
real-time RS chart chart S add note BCPG 6.700  Wed 0.75 6.750 -0.74 9.000 -2.250 -25.00  THB -25.16 
real-time RS chart chart S add note Sunrun 13.100  Wed 16.13 10.890 20.29 17.800 -6.910 -38.82  USD -25.58 
real-time RS chart chart S add note United Renewable 11.400  05:30 1.33 11.550 -1.30 18.250 -6.700 -36.71  TWD -27.02 
real-time RS chart chart S add note Solaria Energía 10.215  Wed 2.66 9.964 2.52 13.185 -3.221 -24.43  EUR -29.69 
real-time RS chart chart add note Canadian Solar 19.400  Wed 7.90 18.360 5.66 38.420 -20.060 -52.21  USD -32.40 
  instrument freshest Δday 3/25/24 Δwk 7/10/23  prc diff Δ37  Curr ∅-RS
real-time RS chart chart add note Shoals Technologies 11.760  Wed 5.57 11.790 -0.25 23.730 -11.940 -50.32  USD -33.90 
real-time RS chart chart add note JinkoSolar 24.740  Wed 9.91 22.170 11.59 44.100 -21.930 -49.73  USD -35.73 
real-time RS chart chart L add note SolarEdge 69.690  Wed 9.87 64.020 8.86 264.990 -200.970 -75.84  USD -46.81 
real-time RS chart chart S add note Sunnova Energy 5.970  Wed 7.37 5.390 10.76 18.780 -13.390 -71.30  USD -54.46 
real-time RS chart chart S add note SunPower 2.870  Wed 15.26 2.570 11.67 9.350 -6.780 -72.51  USD -54.85 
real-time RS chart chart S add note Meyer Burger 0.032  Wed 24.31 0.024 29.92 0.566 -0.542 -95.69  CHF -88.84 
 PPVX - 30 out of 30 instruments rated - 3/25/24 / 7/10/23 - 5 did rise, Market-Ratio(37) = 16.67 % 
 
Technical Chart
PPVX RS = 37 - B/S = 52/31
Market Chart
1/06/20 scale up chart 3/25/24
 


Transactions Photon Photovoltaik-Aktienindex * A37 - 52/31 (1)
 ⇐ 
L/Sdate buy date selldays instrumentsplpieces Currprc buyprc sellps shortprc diffd %assetyield 
1/02/06 11/13/06 315    - cash -
short 11/13/06   2/05/07 84  RT RS QC  Beijing Energy 100  64,935  HKD 0.154  0.130 0.182  0.028 18  11,844 109  
long 2/05/07   6/23/08 504  RT RS QC  SunPower 100  258  USD 45.790  82.650    36.860 80  21,354 53  
short 6/23/08   7/06/09 378  RT RS QC  JA Solar Energy 100  243  USD 87.600  18.900 406.019  318.419 363  98,730 340  
long 7/06/09   7/18/11 742  RT RS QC  GCL Poly Energy 100  37,539  HKD 2.630  4.050    1.420 54  152,035 24  
short 7/18/11   1/14/13 546  RT RS QC  REC Silicon 100  2,094  NOK 72.600  11.900 442.921  370.321 510  927,487 235  
long 1/14/13  10/06/14 630  RT RS QC  SFCE 100  1,599,116  HKD 0.580  7.760    7.180 1,238  12,409,140 349  
short 10/06/14   4/20/15 196  RT RS QC  SMA Solar 100  626,724  EUR 19.800  14.680 26.706  6.906 35  16,737,108 75  
long 4/20/15   5/11/15 21  RT RS QC  Encavis 100  2,595,705  EUR 6.448  6.809    0.361 6  17,674,158 158  
short 5/11/15   6/29/15 49  RT RS QC  REC Silicon 100  994,606  NOK 17.770  17.280 18.274  0.504 3  18,175,340 23  
long 6/29/15   7/27/15 28  RT RS QC  Encavis 100  2,853,271  EUR 6.370  7.409    1.039 16  21,139,888 617  
short 7/27/15   7/03/17 707  RT RS QC  SFCE 100  7,977,316  HKD 2.650  0.440 15.960  13.310 502  127m 153  
long 7/03/17   7/16/18 378  RT RS QC  Beijing Energy 100  123,611,222  HKD 1.030  0.540    -0.490 -48  66,750,061 -46  
short 7/16/18   4/29/19 287  RT RS QC  Beijing Energy 100  123,611,223  HKD 0.540  0.335 0.870  0.330 61  108m 84  
long 4/29/19   9/20/21 875  RT RS QC  Enphase Energy 100  10,537,826  USD 10.210  152.440    142.230 1,393  1,606m 209  
short 9/20/21  11/22/21 63  RT RS QC  Scatec 100  9,694,545  NOK 165.700  162.250 169.223  3.523 2  1,641m 13  
long 11/22/21  12/20/21 28  RT RS QC  GCL Poly Energy 100  475,519,988  HKD 3.450  2.330    -1.120 -32  1,108m -99  
short 12/20/21   8/22/22 245  RT RS QC  Daqo New Energy 100  29,118,569  USD 38.050  62.290 13.810  -24.240 -64  402m -78  
long 8/22/22  12/19/22 119  RT RS QC  Array Tech 100  19,615,973  USD 20.500  20.450    -0.050 0  401m -1  
short 12/19/22   1/16/23 28  RT RS QC  Flat Glass 100  21,848,946  HKD 18.360  22.750 13.970  -4.390 -24  305m -97  
long 1/16/23   2/20/23 35  RT RS QC  First Solar 100  1,693,933  USD 180.190  164.280    -15.910 -9  278m -62  
short 2/20/23   3/27/24 401  RT RS QC  Scatec 100  3,815,181  NOK 72.940  72.150 73.739  0.799 1  281m 1  
accum11/13/06 3/27/246345 days out of 6660 invested (95%) 2,813,165 281m 80  

Instrument Related Contribution
 instrumentL/Sdate buy date selldaysprc buyprc sellps shortprc diffd %total 
 SFCElong  1/14/13 10/06/146300.587.767.18 1,237.93 
 short  7/27/15  7/03/177072.650.4415.9613.31 502.277,957.98 
 Enphase Energylong  4/29/19  9/20/2187510.21152.44142.23 1,393.051,393.05 
 REC Siliconshort  7/18/11  1/14/1354672.6011.90442.92370.32 510.08 
 short  5/11/15  6/29/154917.7717.2818.270.50 2.84527.38 
 JA Solar Energyshort  6/23/08  7/06/0937887.6018.90406.02318.42 363.49363.49 
 SunPowerlong  2/05/07  6/23/0850445.7982.6536.86 80.5080.50 
 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  7/18/117422.634.051.42 53.99 
 long 11/22/21 12/20/21283.452.33-1.12 -32.464.00 
 Scatecshort  9/20/21 11/22/2163165.70162.25169.223.52 2.13 
 short  2/20/23  3/27/2440172.9472.1573.740.80 1.103.24 
 Beijing Energyshort 11/13/06  2/05/07840.150.130.180.03 18.44 
 long  7/03/17  7/16/183781.030.54-0.49 -47.57 
 short  7/16/18  4/29/192870.540.340.870.33 61.190.09 
 Array Techlong  8/22/22 12/19/2211920.5020.45-0.05 -0.24-0.24 
 First Solarlong  1/16/23  2/20/2335180.19164.28-15.91 -8.83-8.83 
 Flat Glassshort 12/19/22  1/16/232818.3622.7513.97-4.39 -23.91-23.91 
 Daqo New Energyshort 12/20/21  8/22/2224538.0562.2913.81-24.24 -63.71-63.71 


Annotations
11/13/23PPVXAltus Power replaces Maxeon
2/10/23PPVXNextracker replaces Beijing Energy
2/06/23Enlight Renewablereverse split 10:1 (one for ten)
9/25/22PPVXMaxeon Solar Technologies replaces Azure Power Global
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