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OXD

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

Analysis and statistics

  • Open
    38.7854$
  • Previous Close
    36.8069$
  • 52 Week Change
    50.93$
  • Day Range
    1.98$
  • 52 Week High/Low
    30.9001$ - 81.8254$
  • Dividend Per Share
    0.0689
  • Market cap
    574 M$
  • EPS
    3.24
  • Beta
    1.384
  • Volume
    --

About

OXD.F refers to the Xtrackers FTSE 100 Double Daily Short ETF. It's a financial product designed to provide twice the inverse of the daily performance of the FTSE 100 index. This means that if the FTSE 100 goes down by 1%, the ETF should theoretically go up by 2%, and vice versa. It's important to remember that due to the daily reset mechanism, the performance of this ETF can deviate significantly from a simple inverse relationship with the FTSE 100 over longer periods.
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Factors

Company Performance: OXD.F's profitability, revenue growth, and overall financial health significantly impact its stock price. Strong earnings reports often lead to price increases, while losses can cause declines.

Market Sentiment: General investor confidence and the overall mood of the stock market can influence OXD.F's price. Positive market sentiment often leads to increased buying pressure, driving the price up.

Industry Trends: The performance and outlook of the industry OXD.F operates in can affect its stock price. A growing and thriving industry may attract more investors, benefiting OXD.F.

Economic Conditions: Macroeconomic factors such as interest rates, inflation, and GDP growth can impact OXD.F's stock price. A strong economy typically boosts corporate earnings and stock prices.

News and Events: Company-specific news like product launches, acquisitions, or management changes can trigger fluctuations in OXD.F's stock price. Positive news often results in price gains.

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