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3XR

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    1.896$
  • Previous Close
    1.896$
  • 52 Week Change
    3.88$
  • Day Range
    0.00$
  • 52 Week High/Low
    1.52$ - 5.4$
  • Dividend Per Share
    --
  • Market cap
    13 212 K$
  • EPS
    -6.0191
  • Beta
    0.494
  • Volume
    --

About

The financial product symbol 3XR.F refers to an exchange-traded fund (ETF) listed on the Frankfurt Stock Exchange (FSE). The "3XR" portion of the symbol typically denotes the specific ETF and likely the issuer or a unique identifier for the fund. The ".F" suffix specifically indicates that this ETF is traded on the Frankfurt Stock Exchange, a major European stock exchange. Investors can buy and sell shares of this ETF during the FSE's trading hours. The exact holdings and investment strategy of the 3XR ETF would need to be researched using financial data providers or the ETF issuer's website for complete details.
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Factors

Share price of 3XR.F, reflecting Round Hill Music Royalty Fund Limited, is swayed by various factors.

Music Royalty Income: The fund's revenue stream from music royalties directly impacts its value. Higher royalty income typically lifts the stock.

Interest Rates: Rising interest rates can decrease the attractiveness of royalty income funds, potentially lowering the price.

Fund Management: The skill of Round Hill's management in acquiring and managing royalty assets affects investor confidence and the stock price.

Market Sentiment: Overall investor sentiment towards alternative assets and music royalty funds influences buying and selling decisions.

Economic Conditions: Broad economic health impacts consumer spending on music, affecting royalty revenues and, subsequently, the stock price.

Competitor Performance: The performance of similar music royalty funds can influence investor perception of 3XR.F.

Catalog Valuation: Periodic re-evaluations of the fund's music royalty catalogs can significantly alter the stock price.

Currency Fluctuations: As royalties may be earned in different currencies, exchange rate movements impact the fund's income.

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