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Photovoltaik Global 30 Index is a German Index homepage
/ref> The index is a top list of international companies with more than 50 percent turnover in
Photovoltaik Global 30 Index is a German stock market index
In finance, a stock index, or stock market index, is an Index (economics), index that measures the performance of a stock market, or of a subset of a stock market. It helps investors compare current stock price levels with past prices to calcul ...
which includes up to 30 companies in the photovoltaics
Photovoltaics (PV) is the conversion of light into electricity using semiconducting materials that exhibit the photovoltaic effect, a phenomenon studied in physics, photochemistry, and electrochemistry. The photovoltaic effect is commerciall ...
sector. It was introduced on 1 June 2009. The constituting companies and their weightings are reviewed quarterly (March, June, September and December). No company should be represented with more than 10 per cent. The Photovoltaik Global 30 Index is calculated as a performance index as well as a price index./ref> The index is a top list of international companies with more than 50 percent turnover in
solar energy
Solar energy is the radiant energy from the Sun's sunlight, light and heat, which can be harnessed using a range of technologies such as solar electricity, solar thermal energy (including solar water heating) and solar architecture. It is a ...
and an average daily stock exchange turnover of more than 1 million US dollar.
Development
The Photovoltaik Global 30 Index is based on Xetra and Reuters. Its composition and weightings (price index) is shown below:See also
*DAX
The DAX (''Deutscher Aktienindex'' (German stock index); ) is a stock market index consisting of the 40 major German blue chip companies trading on the Frankfurt Stock Exchange. It is a total return index. Prices are taken from the Xetra t ...
* MDAX
The MDAX is a stock index which lists German companies trading on the Frankfurt Stock Exchange. The index is calculated by .
It includes the 50 Prime Standard shares that rank in size immediately below the companies included in the DAX index. T ...
* ÖkoDAX
ÖkoDAX is a German stock market index which includes ten companies in the renewable energy sector. It was introduced, 4 June 2007. The constituting companies and their weightings are reviewed quarterly (March, June, September and December). The co ...
* SDAX
The SDAX (German abbreviation for ''Small-Cap-deutsche Aktienindex'') is a stock market index composed of 70 small and medium-sized companies in Germany. These so-called 'Small cap company, small caps' rank directly below the MDAX (mid-cap) shar ...
* TecDAX
The TecDAX stock index tracks the performance of the 30 largest German companies from the technology sector. In terms of order book turnover and market capitalization the companies rank below those included in the DAX.
The TecDax was introduced ...
References
{{Reflist Stock market indices by industry Global stock market indices Renewable energy commercialization