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ND3

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

Analysis and statistics

  • Open
    0.7312$
  • Previous Close
    0.7312$
  • 52 Week Change
    1.76$
  • Day Range
    0.00$
  • 52 Week High/Low
    0.2934$ - 2.056$
  • Dividend Per Share
    --
  • Market cap
    172 M$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

ND3.MU represents the Invesco NASDAQ 100 UCITS ETF, traded on the Munich Stock Exchange (indicated by the .MU suffix). This Exchange Traded Fund (ETF) aims to replicate the performance of the NASDAQ-100 Index. The NASDAQ-100 Index includes 100 of the largest non-financial companies listed on the NASDAQ stock market, primarily focusing on technology and growth stocks. Therefore, investing in ND3.MU provides exposure to a diversified portfolio mirroring the composition of the NASDAQ-100 without directly purchasing individual stocks.
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Factors

Semiconductor Industry Trends: Overall health and growth prospects of the semiconductor industry significantly impact ND3.MU. Strong demand for memory chips boosts prices. Micron Technology Performance: As ND3.MU tracks Micron, Micron's financial results, future guidance, and market share directly influence the ETF's price. Memory Chip Demand and Supply: Fluctuations in the supply and demand of DRAM and NAND flash memory chips are crucial. Increased demand and limited supply drive prices up. Economic Conditions: Global economic health affects demand for electronics and thus memory chips. Recessions decrease demand, impacting ND3.MU negatively. Technological Advancements: Innovations in memory technology, such as new generations of DRAM or NAND, can influence market dynamics and ND3.MU's price. Geopolitical Factors: Trade tensions, tariffs, and political instability, especially those impacting the semiconductor supply chain, can introduce volatility.

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