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GMVM

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1d
1w
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Analysis and statistics

  • Open
    52.4613$
  • Previous Close
    52.4613$
  • 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

GMVM.F represents shares of Ginkgo Bioworks Holdings Inc. traded on the Frankfurt Stock Exchange. Ginkgo Bioworks is a biotechnology company specializing in synthetic biology and biomanufacturing. It designs and programs cells for various applications, including developing novel medicines, agricultural solutions, and industrial products. Trading under the symbol GMVM.F allows European investors to access Ginkgo Bioworks shares via the Frankfurt Stock Exchange.
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Factors

Global Market Volatility: Increased market volatility generally leads to lower prices for GMVM.F, as the ETF tracks the inverse of volatility.

VIX Index Movement: GMVM.F is directly affected by changes in the VIX. A rising VIX typically causes a decrease in the ETF's price.

Supply and Demand: Higher demand for GMVM.F can increase its price, while increased selling pressure may decrease it.

Interest Rates: Rising interest rates might lead to decreased interest in volatility products like GMVM.F, potentially lowering its price.

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