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114100

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Analysis and statistics

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About

The financial product symbol 114100.KO refers to the KODEX KOFR Interest Rate Active ETF, traded on the Korea Exchange (KRX). This ETF aims to track the performance of the Korea Overnight Financing Repo (KOFR) interest rate. KOFR represents the average interest rate of overnight repurchase agreements traded in the Korean market. Therefore, the ETF provides investors with exposure to short-term interest rate fluctuations in Korea, often used as a tool for managing cash positions or hedging against interest rate risk.
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Factors

Underlying Index Performance: 114100.KO tracks an index. The price fluctuates based on the movements in the value of the index it replicates.

Supply and Demand: Market forces of supply and demand impact ETF price. Higher demand typically increases price, while greater supply can lower it.

Net Asset Value (NAV): NAV is the per-share value of the ETF's holdings. Significant deviations between ETF price and NAV can trigger arbitrage activity.

Market Sentiment: Overall investor sentiment toward the assets held in the ETF can influence its price, reflecting optimism or pessimism.

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