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EL41

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1d
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1m

Analysis and statistics

  • Open
    28.6123$
  • Previous Close
    28.6123$
  • 52 Week Change
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  • Day Range
    0.00$
  • 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

EL41.F represents Eurex listed Euro-Bund Futures. These futures contracts are agreements to buy or sell German government bonds (Bunds) at a predetermined price on a future date. They are primarily used by institutional investors and traders to hedge against interest rate risk or to speculate on the future direction of German government bond yields. The contract size is typically €100,000 and the underlying asset is a notional Bund with a remaining term of 8.5 to 10.5 years. Settlement is done through physical delivery of eligible Bunds or cash settlement, depending on the specific contract terms.
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Factors

Underlying Asset Performance: The ETF's price closely tracks the performance of the assets it holds, so price fluctuations in those assets directly impact EL41.F.

Supply and Demand: Like any traded security, the ETF's price is influenced by buying and selling pressure in the market. Higher demand typically leads to price increases, and vice versa.

Market Sentiment: Overall investor confidence and economic outlook can affect demand for ETFs, including EL41.F, thereby influencing its price.

Expense Ratio: While not a direct price driver, the ETF's expense ratio reduces its returns, which, over time, can affect its relative attractiveness and indirectly impact price.

Tracking Error: The degree to which the ETF deviates from the performance of its benchmark index can impact its appeal and, subsequently, its price.

Liquidity: The ease with which the ETF can be bought or sold influences its price. Higher liquidity usually translates to tighter bid-ask spreads and more stable pricing.

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