Share-o-matic

Wed, 29th Jul 2026, 12:46UTC

Assessment - Photon Photovoltaik-Aktienindex in Dollar - 1/07/24 - RS = 37

		⇓instrument	freshest		⇓ Δday	1/07/24	⇓ Δwk	16/10/23	prc diff	⇓ Δ37	∅-RS
	L	SOM Price Index	2,446.250	12/08/24	-1.07	2,588.580	-5.50	3,342.500	-753.920	-22.56	-14.31
	L	First Solar	219.230	12/08/24	3.51	222.710	-1.56	151.290	71.420	47.21	53.49
	L	Nextracker	38.980	12/08/24	-2.01	46.120	-15.48	34.170	11.950	34.97	32.31
	L	Neoen	41.167	12/08/24	-0.10	40.052	2.79	25.994	14.057	54.08	34.60
	L	Grenergy Renovables	36.952	12/08/24	1.32	36.952		19.717	17.235	87.41	29.30
	L	Scatec	7.926	12/08/24	-1.46	8.048	-1.51	5.244	2.803	53.46	20.79
		Encavis	18.235	12/08/24		18.127	0.59	12.981	5.146	39.64	18.17
	L	Sino-American Sili	5.770	12/08/24	0.80	6.813	-15.32	5.144	1.669	32.44	19.02
	L	Voltalia	10.919	12/08/24	-0.97	9.847	10.89	9.600	0.247	2.57	-3.13
	L	GCL Poly Energy	0.146	12/08/24		0.149	-1.72	0.174	-0.025	-14.64	-7.85
		ReNew Energy Global	5.880	12/08/24	-0.84	6.080	-3.29	5.580	0.500	8.96	2.27
	L	Enphase Energy	109.110	12/08/24	1.16	97.260	12.18	127.110	-29.850	-23.48	2.00
	L	Enlight Renewable	1,604.438	12/08/24	-3.23	1,491.416	7.58	1,312.657	178.759	13.62	-11.15
	L	Sunrun	17.330	12/08/24	-3.13	10.915	58.77	11.930	-1.015	-8.51	-4.22
		West Holdings	13.257	9/08/24	-1.38	15.380	-13.80	23.371	-7.991	-34.19	-21.53
	L	Solaria Energía	11.852	12/08/24	1.47	12.442	-4.74	15.054	-2.612	-17.35	-11.32
	L	United Renewable	0.347	12/08/24	0.89	0.407	-14.72	0.434	-0.027	-6.27	-6.80
	S	Flat Glass	1.496	12/08/24	-3.63	1.473	1.57	2.160	-0.687	-31.82	-30.08
		Altus Power	2.940	12/08/24	-6.96	3.730	-21.18	5.370	-1.640	-30.54	-19.15
		Xinyi Solar	0.452	12/08/24	0.28	0.503	-10.18	0.709	-0.206	-29.01	-25.66
	L	JinkoSolar	18.850	12/08/24	-3.48	20.570	-8.36	30.600	-10.030	-32.78	-20.77
	L	Xinte Energy	0.965	12/08/24	1.62	1.037	-6.91	1.924	-0.887	-46.10	-27.17
	L	Array Tech	7.030	12/08/24	-0.99	9.570	-26.54	18.670	-9.100	-48.74	-22.33
		Daqo New Energy	16.060	12/08/24	-4.74	14.310	12.23	26.270	-11.960	-45.53	-26.64
	L	Canadian Solar	13.200	12/08/24	-2.51	14.010	-5.78	22.650	-8.640	-38.15	-27.00
		⇓instrument	freshest		⇓ Δday	1/07/24	⇓ Δwk	16/10/23	prc diff	⇓ Δ37	∅-RS
		BCPG	0.151	9/08/24		0.170	-11.20	0.243	-0.073	-29.94	-25.24
	S	SMA Solar	23.490	12/08/24	-1.26	28.403	-17.30	67.887	-39.484	-58.16	-54.82
	L	SunPower	0.200	12/08/24	-4.76	2.710	-92.62	5.790	-3.080	-53.20	-34.59
	L	Sunnova Energy	6.620	12/08/24	-4.47	5.230	26.58	10.530	-5.300	-50.33	-39.06
	S	Shoals Technologies	5.130	12/08/24	0.20	6.110	-16.04	15.800	-9.690	-61.33	-51.10
	S	SolarEdge	21.440	12/08/24	1.13	23.970	-10.55	123.600	-99.630	-80.61	-55.38
PPVX - 30 out of 30 instruments rated - 1/07/24 / 16/10/23 - 10 did rise, Market-Ratio(37) in USD = 33.33 %

Technical Chart

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

3/01/22	scale up chart	1/07/24

Transactions Photon Photovoltaik-Aktienindex in Dollar * 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	506,105	0.020	0.017	0.023	0.004	18	11,843	109
long	5/02/07	23/06/08	504		SunPower	100	258	45.790	82.650		36.860	80	21,353	53
short	23/06/08	6/07/09	378		JA Solar Energy	100	243	87.600	18.900	406.019	318.419	363	98,729	340
long	6/07/09	18/07/11	742		GCL Poly Energy	100	290,797	0.340	0.520		0.180	53	151,131	23
short	18/07/11	14/01/13	546		REC Silicon	100	11,563	13.070	2.152	79.381	66.311	507	917,883	234
long	14/01/13	6/10/14	630		SFCE	100	12,268,258	0.075	1.001		0.926	1,237	12,276,453	349
short	6/10/14	20/04/15	196		SMA Solar	100	489,904	25.059	15.762	39.840	14.781	59	19,517,538	137
long	20/04/15	11/05/15	21		Encavis	100	2,819,142	6.923	7.595		0.672	10	21,412,627	401
short	11/05/15	29/06/15	49		REC Silicon	100	9,119,556	2.348	2.200	2.506	0.158	7	22,857,257	63
long	29/06/15	27/07/15	28		Encavis	100	3,192,407	7.160	8.220		1.060	15	26,240,138	504
short	27/07/15	3/07/17	707		SFCE	100	76,738,684	0.342	0.056	2.076	1.734	507	159m	154
long	3/07/17	16/07/18	378		Beijing Energy	100	1208,423,260	0.132	0.069		-0.063	-48	83,153,759	-47
short	16/07/18	29/04/19	287		Beijing Energy	100	1208,423,260	0.069	0.043	0.111	0.042	61	134m	83
long	29/04/19	20/09/21	875		Enphase Energy	100	13,113,937	10.210	152.440		142.230	1,393	1,999m	209
short	20/09/21	22/11/21	63		Scatec	100	105,381,929	18.970	18.184	19.790	0.820	4	2,086m	28
long	22/11/21	20/12/21	28		GCL Poly Energy	100	4706,267,994	0.443	0.299		-0.144	-33	1,407m	-99
short	20/12/21	22/08/22	245		Daqo New Energy	100	36,964,772	38.050	62.290	13.810	-24.240	-64	510m	-78
long	22/08/22	19/12/22	119		Array Tech	100	24,901,635	20.500	20.450		-0.050	0	509m	-1
short	19/12/22	16/01/23	28		Flat Glass	100	215,695,447	2.361	2.914	1.808	-0.553	-23	390m	-97
long	16/01/23	20/02/23	35		First Solar	100	2,163,777	180.190	164.280		-15.910	-9	355m	-62
short	20/02/23	12/08/24	539		Scatec	100	49,869,730	7.128	7.926	6.330	-0.798	-11	316m	-8
accum	13/11/06	12/08/24	7198	days out of 7513 invested (96%)							3,156,654		316m	69

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	0.07	1.00		0.93	1,237.47
	short	27/07/15	3/07/17	707	0.34	0.06	2.08	1.73	507.15	8,020.48
Enphase Energy	long	29/04/19	20/09/21	875	10.21	152.44		142.23	1,393.05	1,393.05
REC Silicon	short	18/07/11	14/01/13	546	13.07	2.15	79.38	66.31	507.35
	short	11/05/15	29/06/15	49	2.35	2.20	2.51	0.16	6.75	548.33
JA Solar Energy	short	23/06/08	6/07/09	378	87.60	18.90	406.02	318.42	363.49	363.49
SunPower	long	5/02/07	23/06/08	504	45.79	82.65		36.86	80.50	80.50
SMA Solar	short	6/10/14	20/04/15	196	25.06	15.76	39.84	14.78	58.98	58.98
Encavis	long	20/04/15	11/05/15	21	6.92	7.60		0.67	9.71
	long	29/06/15	27/07/15	28	7.16	8.22		1.06	14.80	25.95
GCL Poly Energy	long	6/07/09	18/07/11	742	0.34	0.52		0.18	53.08
	long	22/11/21	20/12/21	28	0.44	0.30		-0.14	-32.56	3.24
Array Tech	long	22/08/22	19/12/22	119	20.50	20.45		-0.05	-0.24	-0.24
Beijing Energy	short	13/11/06	5/02/07	84	0.02	0.02	0.02	0.00	18.43
	long	3/07/17	16/07/18	378	0.13	0.07		-0.06	-47.81
	short	16/07/18	29/04/19	287	0.07	0.04	0.11	0.04	61.02	-0.47
Scatec	short	20/09/21	22/11/21	63	18.97	18.18	19.79	0.82	4.32
	short	20/02/23	12/08/24	539	7.13	7.93	6.33	-0.80	-11.19	-7.35
First Solar	long	16/01/23	20/02/23	35	180.19	164.28		-15.91	-8.83	-8.83
Flat Glass	short	19/12/22	16/01/23	28	2.36	2.91	1.81	-0.55	-23.44	-23.44
Daqo New Energy	short	20/12/21	22/08/22	245	38.05	62.29	13.81	-24.24	-63.71	-63.71

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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