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EVT

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Analysis and statistics

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About

EVT.MU refers to the stock of Evotec SE traded on the Munich Stock Exchange. Evotec SE is a drug discovery and development company headquartered in Hamburg, Germany, that provides drug discovery solutions to pharmaceutical and biotechnology companies, academic institutions, and patient advocacy groups. The .MU extension specifies that the stock is listed on the Munich Stock Exchange.
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Factors

EVT.MU, an ETF, fluctuates based on several factors: Underlying Assets: The performance of the companies within the ETF's portfolio directly impacts its price. Strong performance lifts EVT.MU.

Interest Rates: Higher rates can decrease the attractiveness of dividend-paying ETFs like EVT.MU, leading to potential price declines.

Market Sentiment: Overall investor mood towards European equities affects demand and thus, the price of EVT.MU.

Economic Data: Macroeconomic indicators (GDP, inflation) in Europe influence investor confidence and investment decisions, impacting the ETF.

Currency Fluctuations: Exchange rates between the Euro and other currencies affect returns for investors outside the Eurozone, influencing demand.

ETF Supply/Demand: High demand versus limited supply increases the price, and vice versa, reflecting general investor interest.

Expense Ratio: Although it doesn't directly change price, higher fees compared to similar ETFs could make EVT.MU less appealing.

Dividend Yield: A higher dividend yield relative to alternatives can attract investors, potentially boosting the ETF's price.

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Markets

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