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OM3L

$--
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1d
1w
1m

Analysis and statistics

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About

OM3L.XETRA represents a leveraged Exchange Traded Fund (ETF) listed on the XETRA exchange. Specifically, it is designed to provide three times the daily performance of its underlying index, which is the MSCI China Free Index. This means that if the MSCI China Free Index increases by 1% on a given day, the OM3L.XETRA ETF aims to increase by 3%, and vice versa. Due to the leveraged nature, it's important to note that this product is intended for short-term investment strategies and is associated with higher risk and potential for amplified losses compared to non-leveraged ETFs or direct investments in the underlying index constituents.
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Factors

Constituent Stock Prices: The underlying value of OM3L.XETRA is directly tied to the stocks it holds; their price changes drive the ETF's fluctuations. Supply and Demand: ETF share creation/redemption impacts the supply; increased demand raises the price, excess supply lowers it. Market Sentiment: Overall investor optimism or pessimism concerning related sectors influences trading activity and OM3L.XETRA's value. Index Tracking Efficiency: The ETF aims to mirror the index; tracking errors can cause price deviations from the index's theoretical value.

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