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ELCR

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

Analysis and statistics

  • Open
    19.8291$
  • Previous Close
    19.8116$
  • 52 Week Change
    --
  • Day Range
    0.02$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

ELCR.PA represents Amundi Index Equity Global Circular Economy UCITS ETF DR, an exchange-traded fund (ETF) that aims to track the performance of the Solactive Global Circular Economy Index. This index is designed to reflect the performance of companies worldwide that contribute to or benefit from the circular economy, focusing on businesses involved in areas such as sustainable resources, recycling, waste management, and innovative product design. The ETF allows investors to gain exposure to a diversified portfolio of companies actively participating in the transition towards a more circular and sustainable economic model.
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Factors

FactorName: Supply and Demand

Explanation: Higher investor demand for ELCR.PA relative to the available supply will drive the price up. Conversely, increased selling pressure will push the price down. FactorName: Underlying Index Performance

Explanation: ELCR.PA tracks an underlying index, likely related to clean energy. The ETF's price will largely mirror the performance of the assets within that index. A positive index return often leads to a rise in ELCR.PA's price and vice-versa. FactorName: Interest Rate Changes

Explanation: Rising interest rates can make bonds more attractive, potentially reducing demand for ETFs like ELCR.PA. This is because clean energy companies rely on debt for growth. Higher interest rates may increase these companies' borrowing costs, affecting the ETF. FactorName: Clean Energy Sector News

Explanation: Positive or negative news regarding the clean energy sector (government policies, technological advancements, environmental regulations) can significantly impact investor sentiment and thus the price of ELCR.PA. FactorName: Economic Conditions

Explanation: Broader economic factors such as inflation, economic growth, and unemployment rates can affect investor confidence and risk appetite, potentially influencing the demand for thematic ETFs like ELCR.PA. FactorName: Currency Fluctuations

Explanation: The fund itself is traded on the Paris exchange. The price on the exchange is influenced by factors on the Euronext and broader market.

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