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3LNI

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Analysis and statistics

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About

3LNI.LSE represents the GraniteShares 3x Long NVIDIA Daily ETP. It's an Exchange Traded Product (ETP) listed on the London Stock Exchange that aims to provide three times the daily percentage change in the price of NVIDIA (NVDA) shares. Because it's leveraged and rebalanced daily, it is designed for short-term trading and is not intended for long-term holding as the effects of compounding can significantly deviate from the underlying asset's performance over time. It carries considerable risk.
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Factors

Underlying Asset Performance: The price of 3LNI.LSE is primarily affected by the performance of the companies included in the Solactive L&G Global Infrastructure ESG ex Fossil Fuel index.

Supply and Demand: Market demand for the ETF versus the available supply impacts its price. Higher demand pushes the price up, while increased supply can lower it.

Interest Rates: Rising interest rates can reduce the attractiveness of infrastructure investments, potentially lowering the ETF's price.

Economic Conditions: Overall economic health and forecasts influence investor sentiment toward infrastructure assets, affecting the ETF's valuation.

ESG Factors: Focus on ESG criteria (excluding fossil fuels) may influence the ETF's appeal and price based on prevailing investor preferences.

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