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Solar Stocks Plunge with Market but Ray of Hope Ahead

Since 2005 Solar stocks have been the “hottest” sector in the stock market, however, with an average Beta close to 2, the volatility of the solar sector has been simply breathtaking.
Unfortunately Beta and volatility works in BOTH directions and as you can see from the table below solar stocks have been down an average of 61% SINCE September 1 2008. The popular indexes have been down approximately 31%.
In essence, it has been a TERRIBLE time for the market as a whole and a WORSE time for the solar sector.
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