Share-o-matic - Imprint

Sat, Dec 6th, 2025, 5:26UTC

Assessment - Photon Photovoltaik-Aktienindex in Dollar - 12/25/23 - RS = 37

historical assessment - show freshest

		⇓instrument	freshest		⇓ Δday	12/25/23	⇓ Δwk	4/10/23	prc diff	⇓ Δ37	∅-RS
	L	SOM Price Index	2,446.250	8/12/24	-1.07	3,604.320		4,557.580	-953.260	-20.92	-10.94
		ReNew Energy Global	5.880	8/12/24	-0.84	7.490		5.550	1.940	34.95	33.37
	L	Sino-American Sili	6.049	8/12/24	0.80	6.677		5.130	1.546	30.14	29.46
	L	Grenergy Renovables	37.945	8/12/24	1.32	36.149		32.378	3.771	11.65	26.86
	L	Solaria Energía	12.171	8/12/24	1.47	20.272		17.437	2.835	16.26	23.52
	L	Sunrun	17.330	8/12/24	-3.13	19.260		19.220	0.040	0.21	17.89
		Altus Power	2.940	8/12/24	-6.96	6.640		4.840	1.800	37.19	16.81
	L	Enlight Renewable	1,667.858	8/12/24	-3.23	1,948.004		1,678.996	269.009	16.02	14.02
	L	Scatec	8.275	8/12/24	-1.46	7.747		6.946	0.801	11.53	15.00
	L	Sunnova Energy	6.620	8/12/24	-4.47	15.380		15.570	-0.190	-1.22	7.96
	L	Neoen	42.273	8/12/24	-0.10	32.911		31.142	1.770	5.68	5.72
		Encavis	18.724	8/12/24		16.742		17.074	-0.332	-1.94	3.58
		West Holdings	15.047	8/09/24	-1.38	21.390		21.157	0.234	1.10	-2.77
	L	First Solar	219.230	8/12/24	3.51	170.390		212.030	-41.640	-19.64	-3.35
		BCPG	0.161	8/09/24		0.252		0.297	-0.045	-15.23	-7.66
	L	Enphase Energy	109.110	8/12/24	1.16	133.990		195.800	-61.810	-31.57	-10.00
	L	JinkoSolar	18.850	8/12/24	-3.48	35.000		49.710	-14.710	-29.59	-11.99
	L	Array Tech	7.030	8/12/24	-0.99	17.250		20.210	-2.960	-14.65	-13.64
	L	Canadian Solar	13.200	8/12/24	-2.51	25.380		38.770	-13.390	-34.54	-18.67
	L	United Renewable	0.364	8/12/24	0.89	0.459		0.685	-0.227	-33.08	-19.58
	S	SMA Solar	24.122	8/12/24	-1.26	64.049		105.794	-41.746	-39.46	-20.61
	S	Shoals Technologies	5.130	8/12/24	0.20	15.760		21.810	-6.050	-27.74	-23.62
	L	Voltalia	11.213	8/12/24	-0.97	10.541		14.952	-4.411	-29.50	-25.36
	L	GCL Poly Energy	0.146	8/12/24		0.145		0.248	-0.104	-41.77	-29.27
		Daqo New Energy	16.060	8/12/24	-4.74	25.000		47.250	-22.250	-47.09	-30.10
		⇓instrument	freshest		⇓ Δday	12/25/23	⇓ Δwk	4/10/23	prc diff	⇓ Δ37	∅-RS
	L	Xinte Energy	0.965	8/12/24	1.62	1.321		2.518	-1.196	-47.52	-31.64
	S	Flat Glass	1.495	8/12/24	-3.63	1.547		2.822	-1.276	-45.20	-37.97
		Xinyi Solar	0.452	8/12/24	0.28	0.534		1.153	-0.619	-53.70	-41.49
	S	SolarEdge	21.440	8/12/24	1.13	96.030		283.190	-187.160	-66.09	-44.37
	L	SunPower	0.200	8/12/24	-4.76	4.460		13.210	-8.750	-66.24	-47.00
	L	Nextracker	38.980	8/12/24	-2.01	49.111		34.000	15.111	44.44	-na-
PPVX - 30 out of 30 instruments rated - 12/25/23 / 4/10/23 - 11 did rise, Market-Ratio(37) in USD = 36.67 %

Technical Chart

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

1/04/21	scale up chart	7/01/24

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
1/02/06		11/13/06	315		- cash -
short	11/13/06	2/05/07	84		Beijing Energy	100	506,105	0.020	0.017	0.023	0.004	18	11,843	109
long	2/05/07	6/23/08	504		SunPower	100	258	45.790	82.650		36.860	80	21,353	53
short	6/23/08	7/06/09	378		JA Solar Energy	100	243	87.600	18.900	406.019	318.419	363	98,729	340
long	7/06/09	7/18/11	742		GCL Poly Energy	100	290,797	0.340	0.520		0.180	53	151,131	23
short	7/18/11	1/14/13	546		REC Silicon	100	11,563	13.070	2.152	79.381	66.311	507	917,883	234
long	1/14/13	10/06/14	630		SFCE	100	12,268,258	0.075	1.001		0.926	1,237	12,276,453	349
short	10/06/14	4/20/15	196		SMA Solar	100	489,904	25.059	15.762	39.840	14.781	59	19,517,538	137
long	4/20/15	5/11/15	21		Encavis	100	2,819,142	6.923	7.595		0.672	10	21,412,627	401
short	5/11/15	6/29/15	49		REC Silicon	100	9,119,556	2.348	2.200	2.506	0.158	7	22,857,257	63
long	6/29/15	7/27/15	28		Encavis	100	3,192,407	7.160	8.220		1.060	15	26,240,138	504
short	7/27/15	7/03/17	707		SFCE	100	76,738,684	0.342	0.056	2.076	1.734	507	159m	154
long	7/03/17	7/16/18	378		Beijing Energy	100	1208,423,260	0.132	0.069		-0.063	-48	83,153,759	-47
short	7/16/18	4/29/19	287		Beijing Energy	100	1208,423,260	0.069	0.043	0.111	0.042	61	134m	83
long	4/29/19	9/20/21	875		Enphase Energy	100	13,113,937	10.210	152.440		142.230	1,393	1,999m	209
short	9/20/21	11/22/21	63		Scatec	100	105,381,929	18.970	18.184	19.790	0.820	4	2,086m	28
long	11/22/21	12/20/21	28		GCL Poly Energy	100	4706,267,994	0.443	0.299		-0.144	-33	1,407m	-99
short	12/20/21	8/22/22	245		Daqo New Energy	100	36,964,772	38.050	62.290	13.810	-24.240	-64	510m	-78
long	8/22/22	12/19/22	119		Array Tech	100	24,901,635	20.500	20.450		-0.050	0	509m	-1
short	12/19/22	1/16/23	28		Flat Glass	100	215,695,447	2.361	2.914	1.808	-0.553	-23	390m	-97
long	1/16/23	2/20/23	35		First Solar	100	2,163,777	180.190	164.280		-15.910	-9	355m	-62
short	2/20/23	8/12/24	539		Scatec	100	49,869,730	7.128	7.926	6.330	-0.798	-11	316m	-8
accum	11/13/06	8/12/24	6963	days out of 7278 invested (96%)							3,156,654		316m	72

Instrument Related Contribution

instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %	total
SFCE	long	1/14/13	10/06/14	630	0.07	1.00		0.93	1,237.47
	short	7/27/15	7/03/17	707	0.34	0.06	2.08	1.73	507.15	8,020.48
Enphase Energy	long	4/29/19	9/20/21	875	10.21	152.44		142.23	1,393.05	1,393.05
REC Silicon	short	7/18/11	1/14/13	546	13.07	2.15	79.38	66.31	507.35
	short	5/11/15	6/29/15	49	2.35	2.20	2.51	0.16	6.75	548.33
JA Solar Energy	short	6/23/08	7/06/09	378	87.60	18.90	406.02	318.42	363.49	363.49
SunPower	long	2/05/07	6/23/08	504	45.79	82.65		36.86	80.50	80.50
SMA Solar	short	10/06/14	4/20/15	196	25.06	15.76	39.84	14.78	58.98	58.98
Encavis	long	4/20/15	5/11/15	21	6.92	7.60		0.67	9.71
	long	6/29/15	7/27/15	28	7.16	8.22		1.06	14.80	25.95
GCL Poly Energy	long	7/06/09	7/18/11	742	0.34	0.52		0.18	53.08
	long	11/22/21	12/20/21	28	0.44	0.30		-0.14	-32.56	3.24
Array Tech	long	8/22/22	12/19/22	119	20.50	20.45		-0.05	-0.24	-0.24
Beijing Energy	short	11/13/06	2/05/07	84	0.02	0.02	0.02	0.00	18.43
	long	7/03/17	7/16/18	378	0.13	0.07		-0.06	-47.81
	short	7/16/18	4/29/19	287	0.07	0.04	0.11	0.04	61.02	-0.47
Scatec	short	9/20/21	11/22/21	63	18.97	18.18	19.79	0.82	4.32
	short	2/20/23	8/12/24	539	7.13	7.93	6.33	-0.80	-11.19	-7.35
First Solar	long	1/16/23	2/20/23	35	180.19	164.28		-15.91	-8.83	-8.83
Flat Glass	short	12/19/22	1/16/23	28	2.36	2.91	1.81	-0.55	-23.44	-23.44
Daqo New Energy	short	12/20/21	8/22/22	245	38.05	62.29	13.81	-24.24	-63.71	-63.71

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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