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F1FI34

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1w
1m

Analysis and statistics

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About

F1FI34.SA represents a Brazilian Depositary Receipt (BDR) for First Trust Financials AlphaDEX Fund. BDRs allow Brazilian investors to invest in foreign companies listed on exchanges outside of Brazil. First Trust Financials AlphaDEX Fund (FXO), the underlying asset, is an exchange-traded fund (ETF) listed on the Nasdaq that seeks to track the performance of an index comprised of U.S. financial companies selected using a specific methodology based on growth and value factors. Thus, F1FI34.SA provides Brazilian investors indirect exposure to a diversified portfolio of U.S. financial stocks.
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Factors

F1FI34.SA is a Brazilian Depository Receipt (BDR) representing shares of Ferrari N.V. Here's what affects its price: Global Ferrari Stock Performance: The underlying Ferrari stock price fluctuations are a primary driver.

Exchange Rate Fluctuations: BRL/USD exchange rate significantly impacts the BDR's price.

Brazilian Market Sentiment: Overall investor confidence and trends in the Brazilian stock market play a role.

Ferrari Company News: Company performance, product launches, and strategic decisions influence the BDR.

BDR Supply and Demand: The balance of buyers and sellers for F1FI34.SA in the Brazilian market.

Brazilian Interest Rates: Changes in Brazil's interest rates can affect investor appetite for equities.

Global Economic Conditions: Worldwide economic growth or recessionary periods impact luxury goods demand.

Political and Regulatory Factors: Brazilian political stability and relevant regulations affect market sentiment.

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