Assessment - Photon Photovoltaik-Aktienindex in Japanese yen - 7/01/24 - RS = 24

 ⇐ 

								⇓instrument	freshest		Δday	7/01/24	⇓ Δwk	1/15/24	prc diff	⇓ Δ24		⇓∅-RS
						L		SOM Price Index	395,251.513	8/12/24	-1.07	418,248.406	-5.50	478,335.966	-60,087.560	-12.56		-15.29
						L		First Solar	35,421.968	8/12/24	3.51	35,984.247	-1.56	23,382.587	12,601.660	53.89		41.66
						L		Xinte Energy	155.999	8/12/24	1.62	167.585	-6.91	183.392	-15.807	-8.62		-21.12
						L		Solaria Energía	1,915.053	8/12/24	1.47	2,010.373	-4.74	2,631.689	-621.316	-23.61		-3.93
						L		Grenergy Renovables	5,970.461	8/12/24	1.32	5,970.461		5,183.581	786.880	15.18		40.54
						L		Enphase Energy	17,629.389	8/12/24	1.16	15,714.732	12.18	16,063.505	-348.773	-2.17		-10.37
						S		SolarEdge	3,464.156	8/12/24	1.13	3,872.940	-10.55	10,819.766	-6,946.826	-64.20		-68.81
						L		United Renewable	56.032	8/12/24	0.89	65.701	-14.72	67.073	-1.372	-2.05		0.95
						L		Sino-American Sili	932.217	8/12/24	0.80	1,100.809	-15.32	936.234	164.575	17.58		29.56
								Xinyi Solar	73.034	8/12/24	0.28	81.310	-10.18	75.482	5.828	7.72		-19.33
						S		Shoals Technologies	828.877	8/12/24	0.20	987.220	-16.04	1,977.697	-990.477	-50.08		-50.36
								BCPG	24.429	8/09/24		27.511	-11.20	34.827	-7.316	-21.01		-19.06
								Encavis	2,946.236	8/12/24		2,928.905	0.59	2,266.221	662.685	29.24		28.59
						L		GCL Poly Energy	23.586	8/12/24		24.000	-1.72	20.874	3.126	14.98		0.10
						L		Neoen	6,651.561	8/12/24	-0.10	6,471.321	2.79	4,353.697	2,117.624	48.64		46.41
								ReNew Energy Global	950.058	8/12/24	-0.84	982.373	-3.29	1,058.075	-75.702	-7.15		8.72
						L		Voltalia	1,764.275	8/12/24	-0.97	1,590.967	10.89	1,378.884	212.084	15.38		4.89
						L		Array Tech	1,135.868	8/12/24	-0.99	1,546.268	-26.54	2,069.513	-523.246	-25.28		-34.42
						S		SMA Solar	3,795.445	8/12/24	-1.26	4,589.196	-17.30	8,163.182	-3,573.986	-43.78		-51.12
								West Holdings	2,142.000	8/09/24	-1.38	2,485.000	-13.80	3,120.000	-635.000	-20.35		-7.06
						L		Scatec	1,280.601	8/12/24	-1.46	1,300.279	-1.51	1,038.958	261.321	25.15		31.27
						L		Nextracker	6,298.172	8/12/24	-2.01	7,451.814	-15.48	6,156.074	1,295.740	21.05		14.28
						L		Canadian Solar	2,132.783	8/12/24	-2.51	2,263.658	-5.78	3,255.840	-992.182	-30.47		-31.76
						L		Sunrun	2,800.085	8/12/24	-3.13	1,763.585	58.77	2,200.680	-437.095	-19.86		-10.32
						L		Enlight Renewable	259,236.272	8/12/24	-3.23	240,974.737	7.58	264,235.348	-23,260.611	-8.80		-3.47
								⇓instrument	freshest		Δday	7/01/24	⇓ Δwk	1/15/24	prc diff	⇓ Δ24		⇓∅-RS
						L		JinkoSolar	3,045.678	8/12/24	-3.48	3,323.587	-8.36	4,429.050	-1,105.464	-24.96		-24.79
						S		Flat Glass	241.654	8/12/24	-3.63	237.929	1.57	274.343	-36.413	-13.27		-24.06
						L		Sunnova Energy	1,069.623	8/12/24	-4.47	845.034	26.58	1,729.938	-884.904	-51.15		-30.74
								Daqo New Energy	2,594.886	8/12/24	-4.74	2,312.130	12.23	3,334.540	-1,022.409	-30.66		-38.91
						L		SunPower	32.315	8/12/24	-4.76	437.867	-92.62	473.656	-35.789	-7.56		-27.21
								Altus Power	475.029	8/12/24	-6.96	602.673	-21.18	886.102	-283.429	-31.99		-23.18
PPVX - 30 out of 30 instruments rated - 7/01/24 / 1/15/24 - 10 did rise, Market-Ratio(24) in JPY = 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 Japanese yen * 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	34		290.640	294.106		3.466	1	10,118	36
12/11/06		3/19/07	98				- cash -
	3/19/07	4/23/07	35				Beijing Energy	100	2,983		3.391	4.325		0.933	28	12,902	1,162
4/23/07		5/28/07	35				- cash -
	5/28/07	7/23/07	56				Beijing Energy	100	1,658		7.782	55.660		47.879	615	92,285	> 999,999
7/23/07		10/15/07	84				- cash -
	10/15/07	11/26/07	42				Beijing Energy	100	2,502		36.882	29.080		-7.802	-21	72,764	-87
11/26/07		12/03/07	7				- cash -
	12/03/07	12/24/07	21				Beijing Energy	100	2,612		27.851	27.226		-0.625	-2	71,132	-33
12/24/07		5/04/09	497				- cash -
	5/04/09	6/15/09	42				GCL Poly Energy	100	5,010		14.196	31.751		17.555	124	159,080	109,058
6/15/09		11/01/10	504				- cash -
	11/01/10	12/06/10	35				Beijing Energy	100	9,654		16.477	17.332		0.856	5	167,339	70
12/06/10		12/13/10	7				- cash -
	12/13/10	12/27/10	14				Beijing Energy	100	9,428		17.748	16.348		-1.400	-8	154,136	-88
12/27/10		1/14/13	749				- cash -
	1/14/13	2/25/13	42				SFCE	100	23,099		6.673	14.662		7.989	120	338,672	93,461
2/25/13		4/15/13	49				- cash -
	4/15/13	6/24/13	70				SFCE	100	26,450		12.804	13.800		0.996	8	365,008	48
6/24/13		9/02/13	70				- cash -
	9/02/13	3/24/14	203				SFCE	100	8,167		44.692	110.474		65.782	147	902,249	409
3/24/14		3/31/14	7				- cash -
	3/31/14	4/07/14	7				SFCE	100	7,492		120.426	116.684		-3.742	-3	874,214	-81
4/07/14		4/08/19	1827				- cash -
	4/08/19	4/22/19	14				Enphase Energy	100	766		1,141.076	1,038.478		-102.598	-9	795,624	-91
4/22/19		6/10/19	49				- cash -
	6/10/19	6/24/19	14				Enphase Energy	100	453		1,755.804	1,875.831		120.027	7	849,996	461
6/24/19		8/31/20	434				- cash -
	8/31/20	10/08/20	38				Vivint Solar	100	260		3,266.729	4,553.705		1,286.975	39	1,184,610	2,330
10/08/20		10/12/20	4				- cash -
	10/12/20	3/29/21	168				Sunrun	100	176		6,716.072	5,695.105		-1,020.967	-15	1,004,919	-30
3/29/21		11/01/21	217				- cash -
	11/01/21	11/08/21	7				GCL Poly Energy	100	19,024		52.821	39.250		-13.571	-26	746,748	-100
11/08/21		5/30/26	1664				- cash -
accum	11/27/06	11/08/21	822	days out of 7453 invested (11%)										7,367		746,748	579

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	3.39	4.32		0.93	27.52
		5/28/07	7/23/07	56	7.78	55.66		47.88	615.29
		10/15/07	11/26/07	42	36.88	29.08		-7.80	-21.15
		12/03/07	12/24/07	21	27.85	27.23		-0.62	-2.24
		11/01/10	12/06/10	35	16.48	17.33		0.86	5.19
		12/13/10	12/27/10	14	17.75	16.35		-1.40	-7.89			581.20
SFCE		1/14/13	2/25/13	42	6.67	14.66		7.99	119.73
		4/15/13	6/24/13	70	12.80	13.80		1.00	7.78
		9/02/13	3/24/14	203	44.69	110.47		65.78	147.19
		3/31/14	4/07/14	7	120.43	116.68		-3.74	-3.11			467.19
GCL Poly Energy		5/04/09	6/15/09	42	14.20	31.75		17.55	123.66
		11/01/21	11/08/21	7	52.82	39.25		-13.57	-25.69			66.20
Vivint Solar		8/31/20	10/08/20	38	3,266.73	4,553.70		1,286.98	39.40			39.40
Encavis		11/27/06	12/11/06	14	290.64	294.11		3.47	1.19			1.19
Enphase Energy		4/08/19	4/22/19	14	1,141.08	1,038.48		-102.60	-8.99
		6/10/19	6/24/19	14	1,755.80	1,875.83		120.03	6.84			-2.77
Sunrun		10/12/20	3/29/21	168	6,716.07	5,695.11		-1,020.97	-15.20			-15.20

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

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