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BSLV39

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

Analysis and statistics

  • Open
    63.6468$
  • Previous Close
    64.512$
  • 52 Week Change
    --
  • Day Range
    -0.87$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

BSLV39.SA represents a Brazilian Depository Receipt (BDR) that offers exposure to the iShares Silver Trust, a US-based exchange-traded fund (ETF) that tracks the performance of the price of silver. Investing in BSLV39.SA allows Brazilian investors to indirectly participate in the silver market without directly purchasing physical silver or investing in a foreign exchange. The BDR's value fluctuates based on the iShares Silver Trust's net asset value (NAV) and the exchange rate between the Brazilian Real and the US Dollar. Thus, BSLV39.SA provides a way to diversify portfolios and potentially hedge against inflation or currency devaluation.
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Factors

NAV of underlying assets: The Net Asset Value (NAV) reflects the aggregate value of the underlying assets the ETF tracks, directly impacting its price.

Supply and demand: High demand drives up the ETF price, while increased selling pressure lowers it. Trading volume significantly affects price discovery.

Market Sentiment: Overall investor optimism or pessimism towards the Brazilian stock market influences BSLV39.SA's value.

Exchange rates: Fluctuations in the Brazilian Real (BRL) against other currencies affect the ETF's price, especially if it holds foreign assets.

Fund expenses: Management fees and operating costs are reflected in the ETF's price, reducing overall returns to investors.

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