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496770

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Analysis and statistics

  • Open
    15993.7432$
  • Previous Close
    15973.9432$
  • 52 Week Change
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  • Day Range
    19.80$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

The financial product symbol 496770.KO refers to the KODEX KOrea Semiconductor ETF, an exchange-traded fund listed on the Korea Exchange (KRX). This ETF aims to track the performance of the Korean semiconductor industry by investing in companies involved in the production and development of semiconductors.

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Factors

Fundamentally, 496770.KO's price, being an ETF, derives from its net asset value (NAV). Constituent Stock Prices: The primary driver. Price fluctuations in the underlying stocks within the ETF's portfolio directly impact its value.

Supply and Demand: Market forces. Higher demand than supply can push the ETF's price above its NAV (trading at a premium), and vice-versa (trading at a discount).

Index Tracking Accuracy: How closely it mirrors its benchmark. Imperfect tracking can lead to deviations in performance and price.

Management Fees & Expenses: Ongoing costs. These reduce the ETF's returns, indirectly affecting its price trajectory over time.

Market Sentiment: Overall investor mood. Positive or negative sentiment towards the sectors or asset classes represented by the ETF influences buying/selling pressure.

Economic Conditions: Macro factors. Changes in interest rates, inflation, or economic growth can impact the profitability and valuation of the companies held within the ETF, and thus, its price.

Currency Exchange Rates: If the ETF invests in foreign assets. Fluctuations in exchange rates can impact the value of those assets when converted back to the local currency.

Dividend Payments: Income distribution. Dividend payouts from the underlying stocks, while ultimately reflected in total return, can cause small price adjustments around ex-dividend dates.

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