![][1] Fear of the disintegration of the Euro resurfaced in May, sending all stocks downward. Clean energy stocks once again fell more than the market as a whole. Possible causes are that many clean energy sectors are exposed to further loss of European subsidies, and that clean energy stocks tend to be more volatile than the market as a whole, with both up and down moves being magnified. The Russell 2000 index (which I use as a broad market benchmark in this series) was down 7.1 percent in May, the Powershares Wilderhill Clean Energy ETF (PBW), was down more than twice as much, with a 14.6 percent decline.
[1]: http://www.renewableenergyworld.com//assets/images/story/2012/6/5/1332-green-dividend-values-11-clean-energy-stocks-for-2012.jpg
URL: http://www.renewableenergyworld.com/rea/news/article/2012/06/green-dividend-values-11-clean-energy-stocks-for-2012?cmpid=rss
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