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EDMW

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1d
1w
1m

Analysis and statistics

  • Open
    8.7962$
  • Previous Close
    8.9288$
  • 52 Week Change
    --
  • Day Range
    -0.13$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

EDMW.XETRA represents shares of Encavis Asset Management AG, traded on the XETRA exchange. Encavis Asset Management is a German-based asset manager specializing in renewable energy infrastructure investments. They focus on acquiring and operating solar and wind power plants, primarily across Europe, aiming to provide institutional investors with access to long-term, stable returns from the renewable energy sector. The stock's performance reflects investor sentiment towards the company's portfolio, management strategy, and the overall health of the renewable energy market.
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Factors

Underlying Index Performance: EDMW.XETRA tracks the MSCI World index. Therefore, the ETF's price is heavily influenced by the overall performance of the stocks within this index. Positive performance translates to price increase and vice versa. Supply and Demand: General investor sentiment towards global equities and demand for EDMW.XETRA specifically impacts its price. Higher demand leads to price appreciation, while increased selling pressure can drive the price down. Currency Fluctuations: As the MSCI World index consists of companies from various countries, currency exchange rates between the Euro (the ETF's currency) and other currencies (e.g., USD, JPY) will impact returns. Expense Ratio and Tracking Error: The ETF's expense ratio (annual fee) directly affects investor returns. Tracking error, the difference between the ETF's performance and the index, also influences the overall value.

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