Global Equity Market Performance: EXV8.MU tracks MSCI World Value Index. Overall global stock market trends significantly impact its price. Rising markets typically lift EXV8.MU, while declining markets pull it down.

Underlying Index Composition: Changes in the MSCI World Value Index's constituents, like additions or deletions of specific stocks, affect EXV8.MU. Significant index rebalancing can cause temporary price fluctuations.

Investor Demand: Increased investor interest in value stocks or global equities drives up demand for EXV8.MU, pushing its price higher. Conversely, selling pressure decreases its price.

Currency Fluctuations: Since EXV8.MU invests in global markets, currency exchange rates between the Euro (base currency) and the currencies of the underlying assets impact its price. A stronger Euro relative to other currencies can decrease returns, and vice versa.

Dividend Payments: EXV8.MU distributes dividends received from its underlying holdings. The anticipation and payment of dividends can influence its price, particularly around ex-dividend dates.

Expense Ratio: The ETF's expense ratio, which covers management fees and other operating costs, indirectly affects its price. Higher expense ratios can result in slightly lower returns compared to similar ETFs with lower fees.

Tracking Error: The ETF's tracking error, which measures how closely it follows the performance of the MSCI World Value Index, can influence its price relative to the index's actual return.

Economic Conditions: Global economic indicators, such as GDP growth, inflation rates, and interest rate changes, affect investor sentiment and risk appetite, consequently influencing the demand for value stocks and EXV8.MU.

Geopolitical Events: Major geopolitical events, such as trade wars, political instability, or international conflicts, can create market volatility and affect the price of EXV8.MU by influencing investor confidence.