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SMAB11

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

Analysis and statistics

  • Open
    7.6168$
  • Previous Close
    7.4997$
  • 52 Week Change
    --
  • Day Range
    0.12$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

SMAB11.SA is the ticker symbol for the Trend ETF Small Caps, traded on the B3 (Brasil Bolsa Balcão), the Brazilian stock exchange. This ETF aims to replicate the performance of the Small Cap Index (SMLL), which represents a portfolio of smaller capitalization companies listed on the B3. Investing in SMAB11.SA offers exposure to a diversified basket of these smaller Brazilian companies, potentially providing investors with growth opportunities beyond the larger, more established corporations in the Brazilian market.
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Factors

Fund Holdings Performance: SMAB11.SA's price reflects the performance of its underlying assets, primarily small-cap Brazilian stocks. Strong performance in these stocks drives the ETF's price up; weak performance pulls it down. Brazilian Economy: The overall health of the Brazilian economy is a major factor. Economic growth usually translates to increased corporate profits and thus, higher stock prices, impacting the ETF positively. Interest Rates: Rising interest rates in Brazil can make bonds more attractive, potentially drawing investment away from stocks and SMAB11.SA. Conversely, lower rates might boost stock valuations. Currency Fluctuations: Changes in the value of the Brazilian Real (BRL) against other currencies, especially the US dollar, can affect the ETF's price. A stronger Real is generally positive. Market Sentiment: Investor confidence or lack thereof towards Brazilian small-cap stocks can drive demand for and subsequently, the price of SMAB11.SA up or down, regardless of underlying fundamentals.

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