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SC04

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1d
1w
1m

Analysis and statistics

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About

SC04.F represents the front-month futures contract for Brent Crude Oil traded on the Intercontinental Exchange (ICE). It allows investors and businesses to speculate on or hedge against future price movements of Brent crude oil. This contract typically expires on a monthly basis, with SC04 denoting the contract expiring in April 2024. Price fluctuations in SC04.F reflect market sentiment regarding supply and demand dynamics in the global crude oil market.
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Factors

Market Sentiment: Overall investor confidence and risk appetite influence demand for ETFs, affecting SC04.F's price.

Underlying Asset Performance: SC04.F's price is directly tied to the performance of the assets it tracks. Positive asset returns lead to higher ETF prices.

Supply and Demand: Basic economics dictate that increased demand raises prices, while higher supply lowers them for SC04.F.

Expense Ratio: SC04.F's expense ratio, charged by the ETF provider, impacts its overall returns and potentially its price competitiveness.

Tracking Error: Deviation between SC04.F's performance and its benchmark index can affect investor perception and its price.

Liquidity: The ease with which SC04.F shares can be bought or sold affects its price. Low liquidity can lead to wider bid-ask spreads.

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