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METY

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1d
1w
1m

Analysis and statistics

  • Open
    9.0929$
  • Previous Close
    9.0334$
  • 52 Week Change
    --
  • Day Range
    0.06$
  • 52 Week High/Low
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  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

METY.XETRA represents shares of Mutares SE & Co. KGaA, a listed holding company based in Munich, Germany. Mutares focuses on acquiring companies in special situations, primarily medium-sized businesses undergoing restructuring or facing operational challenges. Through active management and operational improvements, Mutares aims to create value within its portfolio companies before eventually selling them. The shares are traded on the XETRA exchange, a major electronic trading platform in Germany.
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Factors

Underlying Metal Prices: METY.XETRA's price heavily relies on fluctuations in the prices of underlying metals like gold, silver, platinum, and palladium.

Supply and Demand: Market forces of supply and demand for the ETF itself influence its price. Higher demand pushes prices up, while increased supply leads to lower prices.

Geopolitical Events: Global political and economic instability can drive investors towards precious metals as safe havens, impacting METY.XETRA's price.

Currency Fluctuations: Changes in the Euro (EUR) exchange rate against other currencies, particularly the US dollar, can affect the ETF's price, as metals are often priced in USD.

Interest Rates: Rising interest rates may decrease demand for precious metals ETFs like METY.XETRA, as investors may prefer interest-bearing assets.

Inflation: Inflationary pressures often increase demand for precious metals as a hedge, potentially raising the ETF's price.

Economic Data: Economic indicators such as GDP growth, unemployment rates, and manufacturing data can influence investor sentiment towards precious metals and METY.XETRA.

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