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AFRN

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

Analysis and statistics

  • Open
    111.3069$
  • Previous Close
    111.0944$
  • 52 Week Change
    --
  • Day Range
    0.21$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The ETF with the financial product symbol AFRN.PA refers to Amundi Floating Rate Euro Corporate UCITS ETF DR, which is traded on the Euronext Paris stock exchange. It is an exchange-traded fund designed to track the performance of the Euro corporate floating rate bond market. These bonds typically have interest rates that adjust periodically based on a reference interest rate like EURIBOR, offering some protection against rising interest rates.
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Factors

Underlying Assets: AFRN.PA's price is directly tied to the performance of the French stock market, mirroring the CAC 40 index's fluctuations.

Supply and Demand: High demand pushes the price up, while increased selling pressure leads to price declines, influenced by investor sentiment.

Economic Conditions: French and Eurozone economic data like GDP growth, inflation, and interest rates significantly impact investor confidence and market performance.

Global Events: Geopolitical events, global market trends, and international trade relations can indirectly affect the French stock market and, consequently, AFRN.PA's price.

Currency Exchange Rates: Changes in the Euro's value relative to other currencies can affect returns for investors holding AFRN.PA in a different currency.

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