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429760

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Analysis and statistics

  • Open
    16422.3655$
  • Previous Close
    16440.3657$
  • 52 Week Change
    --
  • Day Range
    -18.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

429760.KO is the Korean Exchange (KRX) ticker symbol for the TIGER AI Korea ETF. This Exchange Traded Fund (ETF) aims to replicate, before fees and expenses, the investment results of the WISE AI Korea TR Index. This index is designed to represent the performance of companies listed on the Korean Exchange that are involved in the artificial intelligence (AI) industry, selected based on factors such as their market capitalization and AI-related business activities. Investors can use this ETF to gain exposure to the Korean AI market.
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Factors

Underlying Index Performance: The ETF's price closely tracks the performance of its underlying index. Any fluctuations in the index constituents directly impact the ETF's price.

Supply and Demand: Market demand for the ETF influences its price. Higher demand typically leads to a price increase, while lower demand results in a decrease.

Investor Sentiment: Overall market sentiment and investor confidence in the sectors represented by the ETF affect its price. Positive sentiment can drive up demand.

Management Fees and Expenses: The ETF's expense ratio, including management fees, indirectly affects its price by impacting its overall return and attractiveness to investors.

Currency Exchange Rates: Fluctuations in currency exchange rates can impact the value of underlying assets held in foreign currencies, which in turn affects the ETF's price.

Economic Conditions: Macroeconomic factors like inflation, interest rates, and economic growth influence the performance of the companies within the index and consequently affect the ETF's price.

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