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RY6

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

Analysis and statistics

  • Open
    51.3733$
  • Previous Close
    50.8519$
  • 52 Week Change
    10.82$
  • Day Range
    0.52$
  • 52 Week High/Low
    46.2736$ - 57.0936$
  • Dividend Per Share
    0.0469
  • Market cap
    33 534 M$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

RY6.MU represents the iShares Core DAX UCITS ETF (DE), a passively managed exchange-traded fund (ETF) that aims to replicate the performance of the DAX index. The DAX index tracks the 40 largest and most liquid German companies listed on the Frankfurt Stock Exchange. As such, this ETF offers investors exposure to a broad segment of the German equity market, providing a diversified investment vehicle for those seeking to participate in the growth of the German economy. The fund is listed on the Munich Stock Exchange.
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Factors

Company Performance: Revenue, earnings, and profit margins directly influence investor confidence. Strong financials typically lead to higher stock prices.

Industry Trends: The performance of the broader financial services sector impacts RY6.MU. Positive trends in banking and asset management can boost the stock.

Economic Conditions: Factors like interest rates, inflation, and economic growth influence financial institutions. Higher interest rates can increase profitability.

Investor Sentiment: Market perception and overall mood affect buying and selling decisions. Positive sentiment towards Canadian banks can drive up demand.

Regulatory Changes: Government regulations and policies impacting the financial industry can create uncertainty or opportunity, influencing stock valuation.

Dividend Yield: A higher dividend yield makes the stock more attractive to income-seeking investors, which can increase demand and stabilize the price.

Risk Appetite: Investors' willingness to take on risk influences demand for stocks like RY6.MU. Lower risk aversion often leads to increased investment.

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