Assessment - Photon Photovoltaik-Aktienindex in Swiss Franc - 1/07/24 - RS = 46

 ⇐ 

								instrument	freshest		⇓ Δday	1/07/24	⇓ Δwk	14/08/23	prc diff	⇓ Δ46		⇓∅-RS
						L		SOM Price Index	2,210.501	12/08/24	-1.07	2,339.115	-5.50	3,579.336	-1,240.222	-34.65		-20.43
								Altus Power	2.657	12/08/24	-6.96	3.371	-21.18	5.111	-1.741	-34.06		-27.88
						L		Array Tech	6.353	12/08/24	-0.99	8.648	-26.54	20.269	-11.622	-57.34		-38.33
								BCPG	0.137	9/08/24		0.154	-11.20	0.235	-0.082	-34.65		-23.95
						L		Canadian Solar	11.928	12/08/24	-2.51	12.660	-5.78	29.071	-16.412	-56.45		-35.80
								Daqo New Energy	14.512	12/08/24	-4.74	12.931	12.23	31.447	-18.516	-58.88		-42.51
								Encavis	16.477	12/08/24		16.380	0.59	13.288	3.093	23.27		20.44
						L		Enlight Renewable	1,449.816	12/08/24	-3.23	1,347.686	7.58	1,448.463	-100.777	-6.96		-9.56
						L		Enphase Energy	98.595	12/08/24	1.16	87.887	12.18	121.502	-33.615	-27.67		-15.88
						L		First Solar	198.102	12/08/24	3.51	201.247	-1.56	185.361	15.886	8.57		32.69
						S		Flat Glass	1.351	12/08/24	-3.63	1.331	1.57	2.411	-1.080	-44.81		-28.66
						L		GCL Poly Energy	0.132	12/08/24		0.134	-1.72	0.168	-0.034	-20.20		-6.02
						L		Grenergy Renovables	33.391	12/08/24	1.32	33.391		24.726	8.665	35.04		31.52
						L		JinkoSolar	17.033	12/08/24	-3.48	18.588	-8.36	31.439	-12.851	-40.88		-29.33
						L		Neoen	37.200	12/08/24	-0.10	36.192	2.79	26.489	9.703	36.63		37.14
						L		Nextracker	35.223	12/08/24	-2.01	41.675	-15.48	36.094	5.581	15.46		6.86
								ReNew Energy Global	5.313	12/08/24	-0.84	5.494	-3.29	5.427	0.067	1.24		1.79
						L		Scatec	7.162	12/08/24	-1.46	7.272	-1.51	6.592	0.680	10.32		22.93
						S		Shoals Technologies	4.636	12/08/24	0.20	5.521	-16.04	18.954	-13.433	-70.87		-53.15
						L		Sino-American Sili	5.214	12/08/24	0.80	6.156	-15.32	4.237	1.919	45.28		21.23
						S		SMA Solar	21.227	12/08/24	-1.26	25.666	-17.30	74.369	-48.703	-65.49		-54.02
						S		SolarEdge	19.374	12/08/24	1.13	21.660	-10.55	155.168	-133.508	-86.04		-70.52
						L		Solaria Energía	10.710	12/08/24	1.47	11.243	-4.74	12.938	-1.695	-13.10		-9.85
						L		Sunnova Energy	5.982	12/08/24	-4.47	4.726	26.58	14.203	-9.477	-66.72		-34.64
						L		SunPower	0.181	12/08/24	-4.76	2.449	-92.62	7.128	-4.679	-65.64		-31.31
								instrument	freshest		⇓ Δday	1/07/24	⇓ Δwk	14/08/23	prc diff	⇓ Δ46		⇓∅-RS
						L		Sunrun	15.660	12/08/24	-3.13	9.863	58.77	14.702	-4.839	-32.91		-15.85
						L		United Renewable	0.313	12/08/24	0.89	0.367	-14.72	0.442	-0.074	-16.79		-5.16
						L		Voltalia	9.867	12/08/24	-0.97	8.898	10.89	14.720	-5.823	-39.56		-1.41
								West Holdings	11.979	9/08/24	-1.38	13.898	-13.80	15.308	-1.410	-9.21		-20.09
						L		Xinte Energy	0.872	12/08/24	1.62	0.937	-6.91	1.684	-0.747	-44.35		-25.80
								Xinyi Solar	0.408	12/08/24	0.28	0.455	-10.18	0.823	-0.368	-44.75		-24.15
PPVX - 30 out of 30 instruments rated - 1/07/24 / 14/08/23 - 8 did rise, Market-Ratio(46) in CHF = 26.67 %

 

Technical Chart

	PPVX RS = 46 - B/S = 51/51
3/01/22	scale up chart	1/07/24

 

Transactions Photon Photovoltaik-Aktienindex in Swiss Franc * S46 - 51 ex 9 (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		10/11/08	1043				- cash -
short	10/11/08	24/08/09	287				Solaria Energía	100	2,791		3.583	3.495	3.673	0.090	3	10,251	3
24/08/09		31/08/09	7				- cash -
	31/08/09	7/09/09	7				SunPower	100	381		26.864	28.943	24.785	-2.079	-8	9,459	-99
7/09/09		12/04/10	217				- cash -
	12/04/10	10/05/10	28				SunPower	100	484		19.526	16.916	22.539	3.013	15	10,917	549
10/05/10		17/05/10	7				- cash -
	17/05/10	19/07/10	63				SunPower	100	797		13.690	14.161	13.219	-0.471	-3	10,542	-18
19/07/10		26/07/10	7				- cash -
	26/07/10	13/09/10	49				West Holdings	100	444,591		0.024	0.028	0.020	-0.004	-16	8,803	-74
13/09/10		11/10/10	28				- cash -
	11/10/10	21/03/11	161				Solaria Energía	100	4,343		2.027	2.606	1.448	-0.579	-29	6,287	-53
21/03/11		11/07/11	112				- cash -
	11/07/11	26/09/11	77				Enlight Renewable	100	90		69.402	77.038	61.766	-7.636	-11	5,600	-42
	26/09/11	10/12/12	441				JinkoSolar	100	1,041		5.376	4.785	6.040	0.664	12	6,291	10
	10/12/12	21/01/13	42				SMA Solar	100	304		20.628	26.342	14.915	-5.714	-28	4,554	-94
21/01/13		4/02/13	14				- cash -
	4/02/13	11/02/13	7				SMA Solar	100	212		21.390	23.047	19.732	-1.657	-8	4,203	-99
11/02/13		25/03/13	42				- cash -
	25/03/13	8/04/13	14				SMA Solar	100	172		24.346	21.554	27.501	3.154	13	4,745	2,296
8/04/13		13/10/14	553				- cash -
	13/10/14	27/10/14	14				SMA Solar	100	221		21.430	22.779	20.081	-1.349	-6	4,447	-82
27/10/14		10/11/14	14				- cash -
	10/11/14	13/04/15	154				SMA Solar	100	194		22.813	14.230	36.573	13.760	60	7,116	206
13/04/15		20/04/15	7				- cash -
	20/04/15	27/04/15	7				West Holdings	100	97,388		0.073	0.071	0.075	0.002	2	7,275	215
27/04/15		4/05/15	7				- cash -
	4/05/15	2/11/15	182				West Holdings	100	111,019		0.066	0.057	0.075	0.009	14	8,326	31
2/11/15		16/11/15	14				- cash -
	16/11/15	30/11/15	14				Enphase Energy	100	3,889		2.141	1.718	2.667	0.526	25	10,373	30,725
30/11/15		14/12/15	14				- cash -
	14/12/15	21/12/15	7				Enphase Energy	100	4,720		2.197	3.563	0.832	-1.366	-62	3,927	-100
21/12/15		4/01/16	14				- cash -
	4/01/16	16/01/17	378				Enphase Energy	100	1,122		3.497	1.668	7.334	3.836	110	8,231	104
	16/01/17	5/06/17	140				SunPower	100	1,092		7.531	7.836	7.226	-0.305	-4	7,898	-10
	5/06/17	26/06/17	21				Enphase Energy	100	10,480		0.754	0.824	0.683	-0.071	-9	7,156	-82
26/06/17		16/07/18	385				- cash -
	16/07/18	23/07/18	7				GCL Poly Energy	100	82,844		0.086	0.085	0.088	0.002	2	7,290	164
23/07/18		13/08/18	21				- cash -
	13/08/18	4/02/19	175				GCL Poly Energy	100	101,064		0.072	0.085	0.059	-0.013	-18	5,973	-34
	4/02/19	15/04/19	70				SMA Solar	100	247		24.115	22.439	25.916	1.801	7	6,418	46
15/04/19		8/11/21	938				- cash -
	8/11/21	28/03/22	140				Scatec	100	359		17.847	13.697	23.253	5.407	30	8,359	99
28/03/22		18/04/22	21				- cash -
	18/04/22	20/06/22	63				Shoals Technologies	100	703		11.890	18.921	4.859	-7.031	-59	3,416	-99
L/S	date buy	date sell	days				instrument	spl	pieces		prc buy	prc sell	ps short	prc diff	d %	asset	yield
	20/06/22	8/08/22	49				Scatec	100	390		8.745	11.144	6.346	-2.399	-27	2,480	-91
8/08/22		5/09/22	28				- cash -
	5/09/22	12/09/22	7				Flat Glass	100	873		2.841	2.964	2.718	-0.123	-4	2,373	-90
12/09/22		19/09/22	7				- cash -
	19/09/22	28/11/22	70				Flat Glass	100	906		2.619	2.358	2.910	0.291	11	2,636	73
28/11/22		30/01/23	63				- cash -
	30/01/23	10/06/24	497				SunPower	100	174		15.144	3.067	74.772	59.627	394	13,011	223
	10/06/24	12/08/24	63				Shoals Technologies	100	2,130		6.108	4.636	8.048	1.940	32	17,143	394
accum	10/11/08	12/08/24	3961	days out of 7524 invested (53%)										71		17,143	5

instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %			total
SunPower	short	31/08/09	7/09/09	7	26.86	28.94	24.78	-2.08	-7.74
		12/04/10	10/05/10	28	19.53	16.92	22.54	3.01	15.43
		17/05/10	19/07/10	63	13.69	14.16	13.22	-0.47	-3.44
		16/01/17	5/06/17	140	7.53	7.84	7.23	-0.30	-4.05
		30/01/23	10/06/24	497	15.14	3.07	74.77	59.63	393.72			387.14
SMA Solar		10/12/12	21/01/13	42	20.63	26.34	14.91	-5.71	-27.70
		4/02/13	11/02/13	7	21.39	23.05	19.73	-1.66	-7.75
		25/03/13	8/04/13	14	24.35	21.55	27.50	3.15	12.96
		13/10/14	27/10/14	14	21.43	22.78	20.08	-1.35	-6.30
		10/11/14	13/04/15	154	22.81	14.23	36.57	13.76	60.32
		4/02/19	15/04/19	70	24.12	22.44	25.92	1.80	7.47			21.63
JinkoSolar		26/09/11	10/12/12	441	5.38	4.78	6.04	0.66	12.35			12.35
Flat Glass		5/09/22	12/09/22	7	2.84	2.96	2.72	-0.12	-4.32
		19/09/22	28/11/22	70	2.62	2.36	2.91	0.29	11.09			6.29
West Holdings		26/07/10	13/09/10	49	0.02	0.03	0.02	-0.00	-16.49
		20/04/15	27/04/15	7	0.07	0.07	0.07	0.00	2.23
		4/05/15	2/11/15	182	0.07	0.06	0.08	0.01	14.45			-2.30
Scatec		8/11/21	28/03/22	140	17.85	13.70	23.25	5.41	30.29
		20/06/22	8/08/22	49	8.74	11.14	6.35	-2.40	-27.43			-5.45
Enphase Energy		16/11/15	30/11/15	14	2.14	1.72	2.67	0.53	24.58
		14/12/15	21/12/15	7	2.20	3.56	0.83	-1.37	-62.15
		4/01/16	16/01/17	378	3.50	1.67	7.33	3.84	109.69
		5/06/17	26/06/17	21	0.75	0.82	0.68	-0.07	-9.40			-10.42
Enlight Renewable		11/07/11	26/09/11	77	69.40	77.04	61.77	-7.64	-11.00			-11.00
GCL Poly Energy		16/07/18	23/07/18	7	0.09	0.08	0.09	0.00	1.88
		13/08/18	4/02/19	175	0.07	0.09	0.06	-0.01	-18.07			-16.53
instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %			total
Solaria Energía		10/11/08	24/08/09	287	3.58	3.50	3.67	0.09	2.51
		11/10/10	21/03/11	161	2.03	2.61	1.45	-0.58	-28.58			-26.79
Shoals Technologies		18/04/22	20/06/22	63	11.89	18.92	4.86	-7.03	-59.13
		10/06/24	12/08/24	63	6.11	4.64	8.05	1.94	31.76			-46.15

Annotations

22/04/24	PPVX			Voltalia replaces Meyer Burger
13/11/23	PPVX			Altus Power replaces Maxeon
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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