Optimal Share of Investing in Solar Energy Companies’ Stocks and Bonds for Sustainable Growth

Andrey Kraykin (), Artur Meynkhard () and Tomonobu Senjyu ()
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Andrey Kraykin: Financial University Under the Government of the Russian Federation
Artur Meynkhard: Financial University Under the Government of the Russian Federation
Tomonobu Senjyu: University of the Ryukyus

Chapter Chapter 11 in Circular Economy and the Energy Market, 2022, pp 131-145 from Springer

Abstract: Abstract The main purpose of the study is to study some of the world’s largest companies engaged in the production of solar panels and to make a forecast of the exchange rate of their shares in the coming year based on the analysis of various economic indicators. The paper uses fundamental methods for analyzing the stock price, such as the ratio of capitalization and cash flow, the ratio of the company’s value to its balance sheet, the ratio of borrowed funds to equity, the ratio of the market price of a share to net profit and based on changes in the volume of sales of companies, a trend equation was derived, which was subsequently adjusted in accordance with the above indicators. In the course of the study, the following results were obtained: forecasts of the value of shares of First Solar Inc. and Canadian Solar Inc., including the maximum and minimum values during the day, for the coming year were obtained. Based on the results obtained, conclusions were drawn: this method allows us to consider many approaches to stock valuation and make a single forecast based on them; however, this requires a lot of calculations and time costs. The issue of the global transition from non-renewable to green energy was widely discussed back in the twentieth century, not only because of the limited energy resources, but also because of global pollution and the greenhouse effect, which was increasingly manifested due to the growth of the required amount of energy and, as a result, an increase in the number of power plants that pollute the atmosphere. The most widespread issue of green energy was already in the twenty-first century, when global pollution began to be felt even more acutely. For example, last year the European Commission presented a plan to turn the European Union into a carbon-neutral zone by 2050. It is also worth noting that the main topic of the XXIV St. Petersburg International Economic Forum, held in 2021, was the issue of renewable energy. In terms of the number of agreements in the field of green energy, this forum broke the records of all previous ones, which indicates the global importance of the issue of switching to renewable energy. The purpose of this work is to study some of the world’s largest companies engaged in the production of solar panels and to make a forecast of the exchange rate of their shares.

Keywords: Promotion; Company; Cost; Price; Forecast; Trend (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-031-13146-2_11

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DOI: 10.1007/978-3-031-13146-2_11

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