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091160

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Analysis and statistics

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About

091160.KO represents Celltrion Healthcare Co., Ltd., a South Korean biopharmaceutical company specializing in the marketing and distribution of biosimilar products and innovative drugs developed by its parent company, Celltrion, Inc. and other partners. Celltrion Healthcare's primary focus is on commercializing biosimilars of widely used biologic medicines in the areas of oncology, autoimmune diseases, and other therapeutic categories, reaching global markets through its distribution network. The company also engages in research and development activities, and the expansion of its product portfolio beyond biosimilars.
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Factors

Underlying Asset Performance: The primary driver is the performance of the assets held within the ETF. If the underlying stocks in the index increase, the ETF price generally rises, and vice-versa.

Supply and Demand: Basic economic principles apply. High demand pushes the price up, while increased supply can lower the price. This is influenced by investor sentiment and market conditions.

Net Asset Value (NAV): The NAV represents the per-share value of the ETF's holdings. The ETF price should closely track the NAV, but deviations can occur due to market inefficiencies or trading activity.

Expense Ratio: The ETF's operating costs, expressed as a percentage. Higher expense ratios can slightly detract from overall returns and potentially impact the ETF price over time.

Market Conditions: Broad market trends, economic news, and global events can significantly impact investor sentiment and trading activity, affecting the ETF's price.

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