(TAN) Solar - Overview
Etf: Solar Energy, Global, Equities, Index
| Risk 5d forecast | |
|---|---|
| Volatility | 40.2% |
| Relative Tail Risk | -6.18% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.44 |
| Alpha | 56.52 |
| Character TTM | |
|---|---|
| Beta | 0.986 |
| Beta Downside | 1.044 |
| Drawdowns 3y | |
|---|---|
| Max DD | 67.16% |
| CAGR/Max DD | -0.13 |
Description: TAN Solar December 26, 2025
The Invesco Solar ETF (NYSE ARCA:TAN) commits at least 90% of its assets to the securities that compose its benchmark index, which is calculated and administered by S&P DJI Netherlands B.V. under contract with MAC Indexing LLC. The index is designed to reflect the performance of companies operating in the global solar-energy value chain, and the fund is classified as a non-diversified, miscellaneous-sector ETF domiciled in the United States.
Key sector drivers that may affect TAN’s performance include: (1) the rapid decline in photovoltaic (PV) module prices-currently averaging around $0.20 / W, a ~30% drop over the past three years; (2) policy incentives such as the U.S. Inflation Reduction Act, which extends a 30% Investment Tax Credit for solar projects through 2032; and (3) the global installed-capacity growth rate, which the International Energy Agency projects at roughly 20% year-over-year for the next five years, boosting demand for solar equipment manufacturers like Enphase Energy, SolarEdge Technologies, and First Solar, which together represent a sizable share of TAN’s holdings.
For a deeper, data-driven view of TAN’s risk-adjusted returns and factor exposures, you might find it useful to explore the analytics on ValueRay.
What is the price of TAN shares?
Over the past week, the price has changed by +7.22%, over one month by +12.09%, over three months by +14.93% and over the past year by +68.49%.
Is TAN a buy, sell or hold?
What are the forecasts/targets for the TAN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 66.2 | 14.7% |
TAN Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.24b USD (1.24b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.24b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.24b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.55% (E(1.24b)/V(1.24b) * Re(9.55%) + (debt-free company))
Discount Rate = 9.55% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)