Fund performance: The underlying assets' performance greatly influences PASI.PA's price. Strong performance drives demand and price up.

Market sentiment: Broad investor mood towards the specific sector or geography the ETF tracks affects its price.

Supply and demand: Higher demand than supply increases the price, while the opposite decreases it.

Index changes: Revisions to the underlying index can impact the ETF's composition and consequently, its price.

Economic conditions: Macroeconomic factors like interest rates and inflation affect investor confidence and ETF prices.

Currency fluctuations: As an international ETF, currency exchange rates impacts return and thus its prices.

Management fees: Higher management fees affect the overall profitability and value, potentially impacting investor perception and price.

Competition: The existence of similar ETFs can affect investor choice and impact relative demand, hence the price.

Dividend yield: Attractive dividend payouts can increase demand and price, influencing investor preference.

Political events: Political instability or policy changes in relevant regions can influence stock prices and the ETF's value.

Issuer reputation: A reputable issuer can increase investor confidence and drive demand, positively affecting the price.