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483280

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1d
1w
1m

Analysis and statistics

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About

483280.KO represents the Samsung KODEX Inverse WTI Crude Oil Futures ETF, traded on the Korea Exchange. This exchange-traded fund aims to provide investment results that are inversely correlated to the daily performance of the West Texas Intermediate (WTI) crude oil futures market. Investors use this fund to hedge against potential declines in oil prices or to profit from such declines. It's important to understand that due to the nature of inverse ETFs and the potential for compounding effects, the fund is generally intended for short-term investment horizons.
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Factors

Underlying Index Performance: The ETF's price is heavily influenced by the performance of the index it tracks, likely related to the Korean stock market.

Supply and Demand: Market forces, including investor sentiment and trading activity, affect the ETF's price.

Currency Fluctuations: Changes in the exchange rate between the Korean Won and other currencies impact the ETF's value.

Management Fees and Expenses: The ETF's expense ratio can slightly reduce its returns compared to the underlying index.

Korean Economic Conditions: Factors like GDP growth, inflation, and interest rates in South Korea can indirectly affect the ETF's price.

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