{"id":2276,"date":"2026-03-23T21:39:15","date_gmt":"2026-03-23T20:39:15","guid":{"rendered":"https:\/\/mumak.me\/mumak\/"},"modified":"2026-08-03T18:26:30","modified_gmt":"2026-08-03T16:26:30","slug":"mumak","status":"publish","type":"page","link":"https:\/\/mumak.me\/en\/","title":{"rendered":"MUMAK"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"2276\" class=\"elementor elementor-2276 elementor-22\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a8d66da e-con-full e-flex e-con e-parent\" data-id=\"a8d66da\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-ccce676 e-con e-atomic-element e-flexbox-base e-ccce676-16c45c6 \" data-id=\"ccce676\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"ccce676\" data-e-type=\"e-flexbox\" data-id=\"ccce676\">\n    <div class=\"elementor-element elementor-element-c6406eb e-con e-atomic-element e-flexbox-base e-c6406eb-ed3e661 \" data-id=\"c6406eb\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"c6406eb\" data-e-type=\"e-flexbox\" data-id=\"c6406eb\">\n    <div class=\"elementor-element elementor-element-7a40e30 e-con e-atomic-element e-flexbox-base e-7a40e30-89f85af \" data-id=\"7a40e30\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"7a40e30\" data-e-type=\"e-flexbox\" data-id=\"7a40e30\">\n    \n<\/div>\n<div class=\"elementor-element elementor-element-5927ded e-con e-atomic-element e-flexbox-base e-5927ded-a49e68f \" data-id=\"5927ded\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"5927ded\" data-e-type=\"e-flexbox\" data-id=\"5927ded\">\n    \t\t\t<h1 data-interaction-id=\"858b095\" class=\"e-858b095-9a5aef6 e-heading-base\" data-e-type=\"widget\" data-id=\"858b095\">MUMAK: Understand stocks. Recognize innovation. Strategically seize opportunities.  <br><\/h1>\n\t\t<div class=\"elementor-element elementor-element-8d88f6c e-con e-atomic-element e-flexbox-base e-8d88f6c-9dd8a74 \" data-id=\"8d88f6c\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"8d88f6c\" data-e-type=\"e-flexbox\" data-id=\"8d88f6c\">\n    <div class=\"elementor-element elementor-element-5721a92 e-con e-atomic-element e-div-block-base e-5721a92-2a36521 \" data-id=\"5721a92\" data-element_type=\"e-div-block\" data-e-type=\"e-div-block\" data-interaction-id=\"5721a92\" data-e-type=\"e-div-block\" data-id=\"5721a92\">\n    \t\t<div class=\"elementor-element elementor-element-fa7c2c6 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"fa7c2c6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/mumak.me\/en\/research-insights\/\"><strong>Research | Insights<\/strong><\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\n<\/div>\n<div class=\"elementor-element elementor-element-ea3ef77 e-con e-atomic-element e-div-block-base e-ea3ef77-ccd3ce8 \" data-id=\"ea3ef77\" data-element_type=\"e-div-block\" data-e-type=\"e-div-block\" data-interaction-id=\"ea3ef77\" data-e-type=\"e-div-block\" data-id=\"ea3ef77\">\n    \t\t<div class=\"elementor-element elementor-element-f7bde21 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"f7bde21\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/mumak.me\/en\/portfolio-updates\/\"><strong>Portfolio | Updates<\/strong><\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\n<\/div>\n\n<\/div>\n\n<\/div>\n\n<\/div>\n\n<\/div>\n\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-80d7d44 e-flex e-con-boxed e-con e-parent\" data-id=\"80d7d44\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<h2 data-interaction-id=\"87bb6ad\" class=\"e-87bb6ad-8ce401c e-heading-base\" data-e-type=\"widget\" data-id=\"87bb6ad\">Inside Umbrella<\/h2>\n\t\t\t\t\t<h2 data-interaction-id=\"e22c1d2\" class=\"e-e22c1d2-58f66e6 e-heading-base\" data-e-type=\"widget\" data-id=\"e22c1d2\">Data. Analysis. Classification.  &nbsp;<br>Systematic company analysis using the MUMAK\u00ae methodology<\/h2>\n\t\t<div class=\"elementor-element elementor-element-4275c5f e-con e-atomic-element e-flexbox-base e-4275c5f-a12d0a1 \" data-id=\"4275c5f\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"4275c5f\" data-e-type=\"e-flexbox\" data-id=\"4275c5f\">\n    <div class=\"elementor-element elementor-element-cec7e17 e-con e-atomic-element e-flexbox-base e-cec7e17-5e3a49d \" data-id=\"cec7e17\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"cec7e17\" data-e-type=\"e-flexbox\" data-id=\"cec7e17\">\n    <div class=\"elementor-element elementor-element-8eb708e e-con e-atomic-element e-flexbox-base e-8eb708e-7fe0b68 \" data-id=\"8eb708e\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"8eb708e\" data-e-type=\"e-flexbox\" data-id=\"8eb708e\">\n    <div class=\"elementor-element elementor-element-05a9ae5 e-con e-atomic-element e-flexbox-base e-05a9ae5-be3174c \" data-id=\"05a9ae5\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"05a9ae5\" data-e-type=\"e-flexbox\" data-id=\"05a9ae5\">\n    \t\t<div class=\"elementor-element elementor-element-08cbcd4 elementor-widget elementor-widget-heading\" data-id=\"08cbcd4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Umbrella<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e8cc854 elementor-widget elementor-widget-heading\" data-id=\"e8cc854\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Strategy<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7ea6f97 elementor-widget elementor-widget-heading\" data-id=\"7ea6f97\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">As of  11. August 2026<\/p>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b51b19b elementor-align-right elementor-widget elementor-widget-button\" data-id=\"b51b19b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/mumak.me\/en\/inside-umbrella\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Inside UMBRELLA<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\n<\/div>\n\t\t<div class=\"elementor-element elementor-element-f6352ca elementor-widget elementor-widget-mumak-wikifolio-chart\" data-id=\"f6352ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"mumak-wikifolio-chart.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t        <div class=\"mwc\" id=\"mwc-f6352ca\" data-config=\"{&quot;jsonUrl&quot;:&quot;\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/wfumbrella.json&quot;,&quot;displayName&quot;:&quot;&quot;,&quot;description&quot;:&quot;&quot;,&quot;showHeader&quot;:false,&quot;showPrice&quot;:false,&quot;showPeriods&quot;:false,&quot;periods&quot;:[&quot;1T&quot;,&quot;7T&quot;,&quot;1M&quot;,&quot;6M&quot;,&quot;1J&quot;,&quot;3J&quot;,&quot;5J&quot;,&quot;MAX&quot;],&quot;defaultPeriod&quot;:&quot;MAX&quot;,&quot;showKpis&quot;:true,&quot;kpis&quot;:[],&quot;currencySuffix&quot;:&quot;\\u20ac&quot;,&quot;language&quot;:&quot;auto&quot;,&quot;scale&quot;:&quot;linear&quot;,&quot;showScaleToggle&quot;:false}\">\n            <div class=\"mwc-loading\">Loading chart \u2026<\/div>\n        <\/div>\n        \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c91f76a elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"c91f76a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Past performance is not a reliable indicator of future results. The information is provided solely for transparency. <\/p>\t\t\t\t<\/div>\n\t\t\n<\/div>\n\n<\/div>\n<div class=\"elementor-element elementor-element-9a4d441 e-con e-atomic-element e-flexbox-base e-9a4d441-23b90d8 \" data-id=\"9a4d441\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"9a4d441\" data-e-type=\"e-flexbox\" data-id=\"9a4d441\">\n    \t\t<div class=\"elementor-element elementor-element-ca49a75 elementor-grid-1 elementor-widget__width-inherit elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"ca49a75\" data-element_type=\"widget\" data-e-type=\"widget\" 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svg{--e-icon-list-icon-size:14px;}.elementor-2184 .elementor-element.elementor-element-7215fe1 .elementor-icon-list-text, .elementor-2184 .elementor-element.elementor-element-7215fe1 .elementor-icon-list-text a{color:var( --e-global-color-text );}.elementor-2184 .elementor-element.elementor-element-7215fe1 .elementor-icon-list-item{font-size:14px;}@media(min-width:768px){.elementor-2184 .elementor-element.elementor-element-384fc61{--width:67%;}.elementor-2184 .elementor-element.elementor-element-7ac9559{--width:33%;}.elementor-2184 .elementor-element.elementor-element-86bdcaf{--width:70%;}}<\/style>\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"2184\" class=\"elementor elementor-2184 elementor-944 elementor-944 e-loop-item e-loop-item-7907 post-7907 post type-post status-publish format-standard has-post-thumbnail hentry category-stocks category-active tag-spacex tag-starlink tag-satellite-communication tag-space aktie-spacex\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t<a class=\"elementor-element elementor-element-b3d4703 e-con-full e-flex e-con e-parent\" data-id=\"b3d4703\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/mumak.me\/en\/inside-umbrella\/stocks\/stock-spacex\/\">\n\t\t<div class=\"elementor-element elementor-element-e0444ea e-flex e-con-boxed e-con e-child\" data-id=\"e0444ea\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-36519ec e-con-full e-flex e-con e-child\" data-id=\"36519ec\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b17c74e elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"b17c74e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">SpaceX<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef39386 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"ef39386\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Aerospace, Satellite Communication &amp; Artificial Intelligence<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2e2966 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"c2e2966\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">USA<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-17da028 e-con-full e-flex e-con e-child\" data-id=\"17da028\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-384fc61 e-con-full e-flex e-con e-child\" data-id=\"384fc61\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cdca012 elementor-widget elementor-widget-heading\" data-id=\"cdca012\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Stock: SpaceX<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-34449a6 elementor-widget elementor-widget-heading\" data-id=\"34449a6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">ISIN:  US84615Q1031<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7ac9559 e-con-full e-flex e-con e-child\" data-id=\"7ac9559\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b9d9851 elementor-widget elementor-widget-image\" data-id=\"b9d9851\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"300\" height=\"37\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/SpaceX-Logo.svg-300x37.png\" class=\"attachment-medium size-medium wp-image-7919\" alt=\"SpaceX-Logo\" srcset=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/SpaceX-Logo.svg-300x37.png 300w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/SpaceX-Logo.svg-1024x126.png 1024w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/SpaceX-Logo.svg-768x95.png 768w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/SpaceX-Logo.svg.png 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3c24760 e-con-full e-flex e-con e-child\" data-id=\"3c24760\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-86bdcaf e-con-full e-flex e-con e-child\" data-id=\"86bdcaf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1b18ffd elementor-widget elementor-widget-image\" data-id=\"1b18ffd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"24\" height=\"24\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Aktiv-Icon.svg\" class=\"attachment-full size-full wp-image-2189\" alt=\"Active icon\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7215fe1 elementor-widget elementor-widget-post-info\" data-id=\"7215fe1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-6a3cf70 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>11. August 2026<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b842eb3 elementor-widget elementor-widget-image\" data-id=\"b842eb3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"36\" height=\"36\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Weiter-Umbrella.svg\" class=\"attachment-large size-large wp-image-2192\" alt=\"Continue Umbrella\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"2184\" class=\"elementor elementor-2184 elementor-944 elementor-944 e-loop-item e-loop-item-7719 post-7719 post type-post status-publish format-standard has-post-thumbnail hentry category-stocks category-active tag-naval-systems tag-tkms tag-defence-industry-2 tag-defense-stocks aktie-tkms\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t<a class=\"elementor-element elementor-element-b3d4703 e-con-full e-flex e-con e-parent\" data-id=\"b3d4703\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/mumak.me\/en\/inside-umbrella\/stocks\/stock-tkms\/\">\n\t\t<div class=\"elementor-element elementor-element-e0444ea e-flex e-con-boxed e-con e-child\" data-id=\"e0444ea\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-36519ec e-con-full e-flex e-con e-child\" data-id=\"36519ec\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b17c74e elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"b17c74e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">TKMS<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef39386 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"ef39386\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Industry \/ Defense \/ Naval Shipbuilding<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2e2966 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"c2e2966\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Germany<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-17da028 e-con-full e-flex e-con e-child\" data-id=\"17da028\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-384fc61 e-con-full e-flex e-con e-child\" data-id=\"384fc61\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cdca012 elementor-widget elementor-widget-heading\" data-id=\"cdca012\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Stock: TKMS<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-34449a6 elementor-widget elementor-widget-heading\" data-id=\"34449a6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">ISIN:  DE000TKMS001<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7ac9559 e-con-full e-flex e-con e-child\" data-id=\"7ac9559\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b9d9851 elementor-widget elementor-widget-image\" data-id=\"b9d9851\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"66\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/TKMS_Logo-300x66.png\" class=\"attachment-medium size-medium wp-image-7734\" alt=\"TKMS_Logo\" srcset=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/TKMS_Logo-300x66.png 300w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/TKMS_Logo-1024x225.png 1024w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/TKMS_Logo-768x169.png 768w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/TKMS_Logo-1536x337.png 1536w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/TKMS_Logo-2048x450.png 2048w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3c24760 e-con-full e-flex e-con e-child\" data-id=\"3c24760\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-86bdcaf e-con-full e-flex e-con e-child\" data-id=\"86bdcaf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1b18ffd elementor-widget elementor-widget-image\" data-id=\"1b18ffd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"24\" height=\"24\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Aktiv-Icon.svg\" class=\"attachment-full size-full wp-image-2189\" alt=\"Active icon\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7215fe1 elementor-widget elementor-widget-post-info\" data-id=\"7215fe1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-6a3cf70 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>11. August 2026<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b842eb3 elementor-widget elementor-widget-image\" data-id=\"b842eb3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"36\" height=\"36\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Weiter-Umbrella.svg\" class=\"attachment-large size-large wp-image-2192\" alt=\"Continue Umbrella\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"2184\" class=\"elementor elementor-2184 elementor-944 elementor-944 e-loop-item e-loop-item-3428 post-3428 post type-post status-publish format-standard has-post-thumbnail hentry category-stocks category-active tag-aktie tag-eli-lilly tag-glp-1 tag-pharmaceuticals aktie-eli-lilly\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t<a class=\"elementor-element elementor-element-b3d4703 e-con-full e-flex e-con e-parent\" data-id=\"b3d4703\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/mumak.me\/en\/inside-umbrella\/stocks\/stock-eli-lilly-and-company\/\">\n\t\t<div class=\"elementor-element elementor-element-e0444ea e-flex e-con-boxed e-con e-child\" data-id=\"e0444ea\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-36519ec e-con-full e-flex e-con e-child\" data-id=\"36519ec\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b17c74e elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"b17c74e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Eli Lilly<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef39386 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"ef39386\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Healthcare<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2e2966 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"c2e2966\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">USA<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-17da028 e-con-full e-flex e-con e-child\" data-id=\"17da028\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-384fc61 e-con-full e-flex e-con e-child\" data-id=\"384fc61\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cdca012 elementor-widget elementor-widget-heading\" data-id=\"cdca012\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Stock: Eli Lilly and Company<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-34449a6 elementor-widget elementor-widget-heading\" data-id=\"34449a6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">ISIN:  US5324571083 <\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7ac9559 e-con-full e-flex e-con e-child\" data-id=\"7ac9559\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b9d9851 elementor-widget elementor-widget-image\" data-id=\"b9d9851\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"164\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/05\/Eli_Lilly_and_Company_logo.svg-300x164.png\" class=\"attachment-medium size-medium wp-image-3435\" alt=\"Eli Lilly_Logo\" srcset=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/05\/Eli_Lilly_and_Company_logo.svg-300x164.png 300w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/05\/Eli_Lilly_and_Company_logo.svg-1024x558.png 1024w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/05\/Eli_Lilly_and_Company_logo.svg-768x419.png 768w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/05\/Eli_Lilly_and_Company_logo.svg.png 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3c24760 e-con-full e-flex e-con e-child\" data-id=\"3c24760\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-86bdcaf e-con-full e-flex e-con e-child\" data-id=\"86bdcaf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1b18ffd elementor-widget elementor-widget-image\" data-id=\"1b18ffd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"24\" height=\"24\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Aktiv-Icon.svg\" class=\"attachment-full size-full wp-image-2189\" alt=\"Active icon\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7215fe1 elementor-widget elementor-widget-post-info\" data-id=\"7215fe1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-6a3cf70 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>10. August 2026<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b842eb3 elementor-widget elementor-widget-image\" data-id=\"b842eb3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"36\" height=\"36\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Weiter-Umbrella.svg\" class=\"attachment-large size-large wp-image-2192\" alt=\"Continue Umbrella\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n<\/div>\n\n<\/div>\n\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-fdf6fb8 e-flex e-con-boxed e-con e-parent\" data-id=\"fdf6fb8\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<h3 data-interaction-id=\"573cdad\" class=\"e-573cdad-4f0f4cf e-heading-base\" data-e-type=\"widget\" data-id=\"573cdad\"><strong id=\"e-mq6s57aj-cydeg93\">The Umbrella Strategy briefly explained<\/strong><\/h3>\n\t\t<div class=\"elementor-element elementor-element-5ebe3dd e-con e-atomic-element e-flexbox-base e-5ebe3dd-e94d03b \" data-id=\"5ebe3dd\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"5ebe3dd\" data-e-type=\"e-flexbox\" data-id=\"5ebe3dd\">\n    <div class=\"elementor-element elementor-element-9468749 e-con-full e-flex e-con e-child\" data-id=\"9468749\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e72e5da elementor-widget elementor-widget-text-editor\" data-id=\"e72e5da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>&#8220;Flexible like an umbrella&#8221; describes the core idea behind the UMBRELLA strategy.<\/strong><\/p><p>The UMBRELLA strategy was developed to assess stocks through various market phases\u2014regardless of whether markets are rising, falling, or moving sideways.<\/p><p><strong>Strategic Allocation<\/strong><\/p><p>Long-term oriented positioning based on macro trends, industry development, and fundamental data.<\/p><p><strong>Tactical Adjustment<\/strong><\/p><p>Short-term optimization through ongoing market monitoring, news flow, and technical chart signals.<\/p><p><strong>The goal of the UMBRELLA strategy  <\/strong><\/p><p>Identifying risks and seizing opportunities. The decision-making basis is a continuous process influenced by geopolitical developments, sector analyses, company data, market sentiment, and technical analysis. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d622871 e-con-full e-flex e-con e-child\" data-id=\"d622871\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-694b410 elementor-widget elementor-widget-text-editor\" data-id=\"694b410\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>A key aspect is continuous adaptation and adjustment<\/strong><\/p><p>&#8220;Change is the only constant&#8221;\u2014factors such as political events, sector rotations, company news, market sentiment, and chart patterns are taken into account. <\/p><p><strong>Updates play an important role in this:<\/strong><\/p><p>They reflect new insights from research and market observation, ensuring that individual decisions can be made based on the most current information. This requires ongoing re-evaluation. The UMBRELLA strategy is an active, learning, and adaptable model for forming one&#8217;s own opinion.  <\/p><p><strong>Target Audience: Readers interested in capital markets<\/strong><\/p><p>The content and contextual assessments on mumak are therefore primarily aimed at readers interested in capital markets and those with expert knowledge who wish to delve deeper into market mechanisms, investment strategies, and economic correlations.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n<\/div>\n\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-54906d1 e-flex e-con-boxed e-con e-parent\" data-id=\"54906d1\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<h2 data-interaction-id=\"d1108f1\" class=\"e-d1108f1-c86c8dc e-heading-base\" data-e-type=\"widget\" data-id=\"d1108f1\">More information about the Umbrella Strategy<\/h2>\n\t\t<div class=\"elementor-element elementor-element-8c2da64 e-con e-atomic-element e-flexbox-base e-8c2da64-03d7ecf \" data-id=\"8c2da64\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"8c2da64\" data-e-type=\"e-flexbox\" data-id=\"8c2da64\">\n    \t\t\t<a href=\"https:\/\/mumak.me\/en\/inside-umbrella\/\" target=\"_self\" class=\"e-3fa44de-ddd82db e-button-base\" data-interaction-id=\"3fa44de\" data-e-type=\"widget\" data-id=\"3fa44de\">\n\t\tAll Umbrella stocks\n\t<\/a>\t\t\t\t\t<a href=\"https:\/\/mumak.me\/en\/inside-umbrella\/umbrella-strategy\/\" target=\"_self\" class=\"e-fc06657-82e0d0d e-button-base\" data-interaction-id=\"fc06657\" data-e-type=\"widget\" data-id=\"fc06657\">\n\t\tUmbrella Chart explained\n\t<\/a>\t\t\t\t\t<a href=\"https:\/\/mumak.me\/en\/inside-umbrella\/red-hot-chili-mumak\/\" target=\"_self\" class=\"e-652af27-a584a04 e-button-base\" data-interaction-id=\"652af27\" data-e-type=\"widget\" data-id=\"652af27\">\n\t\tThe MUMAK methodology\n\t<\/a>\t\t\t\t\t<a href=\"https:\/\/mumak.me\/en\/inside-umbrella\/podcast-insights\/\" target=\"_self\" class=\"e-1fcbe2e-6c1bf38 e-button-base\" data-interaction-id=\"1fcbe2e\" data-e-type=\"widget\" data-id=\"1fcbe2e\">\n\t\tRed Hot Chili Mumak\n\t<\/a>\t\t\n<\/div>\n\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0e7a7fe e-flex e-con-boxed e-con e-parent\" data-id=\"0e7a7fe\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<h2 data-interaction-id=\"7554c77\" class=\"e-7554c77-a32d37c e-heading-base\" data-e-type=\"widget\" data-id=\"7554c77\">Latest MUMAK Updates<\/h2>\n\t\t\t\t\t<h2 data-interaction-id=\"1f12ab5\" class=\"e-1f12ab5-aa52ca3 e-heading-base\" data-e-type=\"widget\" data-id=\"1f12ab5\">Ongoing updates on the market, various developments, and the UMBRELLA strategy<\/h2>\n\t\t<div class=\"elementor-element elementor-element-73e0d8b e-con e-atomic-element e-flexbox-base e-73e0d8b-50c69f7 \" data-id=\"73e0d8b\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"73e0d8b\" data-e-type=\"e-flexbox\" data-id=\"73e0d8b\">\n    \t\t<div class=\"elementor-element elementor-element-6afd2f1 elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"6afd2f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;template_id&quot;:2252,&quot;row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:20,&quot;sizes&quot;:[]},&quot;_skin&quot;:&quot;post&quot;,&quot;columns&quot;:&quot;3&quot;,&quot;columns_tablet&quot;:&quot;2&quot;,&quot;columns_mobile&quot;:&quot;1&quot;,&quot;edit_handle_selector&quot;:&quot;[data-elementor-type=\\&quot;loop-item\\&quot;]&quot;,&quot;row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"loop-grid.post\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-loop-container elementor-grid\" role=\"list\">\n\t\t<style id=\"loop-2252\">.elementor-2252 .elementor-element.elementor-element-b3d4703{--display:flex;--flex-direction:column;--container-widget-width:100%;--container-widget-height:initial;--container-widget-flex-grow:0;--container-widget-align-self:initial;--flex-wrap-mobile:wrap;--justify-content:space-between;--gap:10px 10px;--row-gap:10px;--column-gap:10px;--background-transition:0.3s;border-style:solid;--border-style:solid;border-width:1px 1px 1px 1px;--border-top-width:1px;--border-right-width:1px;--border-bottom-width:1px;--border-left-width:1px;border-color:var( --e-global-color-08673a0 );--border-color:var( --e-global-color-08673a0 );--border-radius:20px 20px 20px 20px;--padding-top:20px;--padding-bottom:20px;--padding-left:20px;--padding-right:20px;}.elementor-2252 .elementor-element.elementor-element-b3d4703:not(.elementor-motion-effects-element-type-background), .elementor-2252 .elementor-element.elementor-element-b3d4703 > .elementor-motion-effects-container > .elementor-motion-effects-layer{background-color:var( --e-global-color-2d13977 );}.elementor-2252 .elementor-element.elementor-element-b3d4703:hover{background-color:var( --e-global-color-9276a04 );}.elementor-2252 .elementor-element.elementor-element-e0444ea{--display:flex;--flex-direction:column;--container-widget-width:100%;--container-widget-height:initial;--container-widget-flex-grow:0;--container-widget-align-self:initial;--flex-wrap-mobile:wrap;--justify-content:flex-start;--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;}.elementor-2252 .elementor-element.elementor-element-36519ec{--display:flex;--flex-direction:row;--container-widget-width:initial;--container-widget-height:100%;--container-widget-flex-grow:1;--container-widget-align-self:stretch;--flex-wrap-mobile:wrap;--gap:6px 6px;--row-gap:6px;--column-gap:6px;--flex-wrap:wrap;--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;}.elementor-2252 .elementor-element.elementor-element-b17c74e{text-align:center;padding:0px 12px 0px 12px;width:auto;max-width:auto;background-color:var( --e-global-color-08673a0 );border-radius:14px 14px 14px 14px;}.elementor-2252 .elementor-element.elementor-element-b17c74e .elementor-heading-title{font-size:12px;text-transform:uppercase;color:var( --e-global-color-text );}.elementor-2252 .elementor-element.elementor-element-ef39386{text-align:center;padding:0px 12px 0px 12px;width:auto;max-width:auto;background-color:var( --e-global-color-08673a0 );border-radius:14px 14px 14px 14px;}.elementor-2252 .elementor-element.elementor-element-ef39386 .elementor-heading-title{font-size:12px;text-transform:uppercase;color:var( --e-global-color-text );}.elementor-2252 .elementor-element.elementor-element-cdca012 .elementor-heading-title{font-size:20px;line-height:1.3em;color:var( --e-global-color-text );}.elementor-2252 .elementor-element.elementor-element-27b8d07{font-size:14px;line-height:1.5em;color:var( --e-global-color-text );}.elementor-2252 .elementor-element.elementor-element-3c24760{--display:flex;--flex-direction:row;--container-widget-width:calc( ( 1 - var( --container-widget-flex-grow ) ) * 100% );--container-widget-height:100%;--container-widget-flex-grow:1;--container-widget-align-self:stretch;--flex-wrap-mobile:wrap;--justify-content:space-between;--align-items:center;--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;}.elementor-2252 .elementor-element.elementor-element-1a2bdd6 .elementor-icon-list-icon{width:14px;}.elementor-2252 .elementor-element.elementor-element-1a2bdd6 .elementor-icon-list-icon i{font-size:14px;}.elementor-2252 .elementor-element.elementor-element-1a2bdd6 .elementor-icon-list-icon svg{--e-icon-list-icon-size:14px;}.elementor-2252 .elementor-element.elementor-element-1a2bdd6 .elementor-icon-list-text, .elementor-2252 .elementor-element.elementor-element-1a2bdd6 .elementor-icon-list-text a{color:var( --e-global-color-text );}.elementor-2252 .elementor-element.elementor-element-1a2bdd6 .elementor-icon-list-item{font-size:14px;}@media(max-width:1024px){.elementor-2252 .elementor-element.elementor-element-36519ec{--flex-wrap:wrap;}}@media(max-width:767px){.elementor-2252 .elementor-element.elementor-element-36519ec{--flex-wrap:wrap;}}<\/style>\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"2252\" class=\"elementor elementor-2252 elementor-607 elementor-607 e-loop-item e-loop-item-7586 post-7586 post type-post status-publish format-standard has-post-thumbnail hentry category-company-update tag-eli-lilly aktie-eli-lilly\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t<a class=\"elementor-element elementor-element-b3d4703 e-con-full e-flex e-con e-parent\" data-id=\"b3d4703\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/mumak.me\/en\/portfolio-updates\/company-update\/johnson-johnson-q2-2026-earnings-update-2\/\">\n\t\t<div class=\"elementor-element elementor-element-e0444ea e-flex e-con-boxed e-con e-child\" data-id=\"e0444ea\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-36519ec e-con-full e-flex e-con e-child\" data-id=\"36519ec\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b17c74e elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"b17c74e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Eli Lilly<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef39386 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"ef39386\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Company Update <\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cdca012 elementor-widget elementor-widget-heading\" data-id=\"cdca012\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Eli Lilly \u2013 Q2 2026 Earnings Update<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27b8d07 elementor-widget elementor-widget-theme-post-excerpt\" data-id=\"27b8d07\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-excerpt.default\">\n\t\t\t\t\tEli Lilly grows rapidly in the second quarter of 2026: Revenue rises 48 percent, Mounjaro and Zepbound skyrocket, full-year guidance\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3c24760 e-con-full e-flex e-con e-child\" data-id=\"3c24760\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1a2bdd6 elementor-widget elementor-widget-post-info\" data-id=\"1a2bdd6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-6a3cf70 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>5. August 2026<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b842eb3 elementor-widget elementor-widget-image\" data-id=\"b842eb3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"36\" height=\"36\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Weiter-Update.svg\" class=\"attachment-large size-large wp-image-2253\" alt=\"Next Update\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"2252\" class=\"elementor elementor-2252 elementor-607 elementor-607 e-loop-item e-loop-item-7478 post-7478 post type-post status-publish format-standard has-post-thumbnail hentry category-company-update category-active tag-bayer aktie-bayer\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t<a class=\"elementor-element elementor-element-b3d4703 e-con-full e-flex e-con e-parent\" data-id=\"b3d4703\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/mumak.me\/en\/portfolio-updates\/company-update\/bayer-q2-2026-earnings-update-2\/\">\n\t\t<div class=\"elementor-element elementor-element-e0444ea e-flex e-con-boxed e-con e-child\" data-id=\"e0444ea\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-36519ec e-con-full e-flex e-con e-child\" data-id=\"36519ec\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b17c74e elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"b17c74e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Bayer <\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef39386 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"ef39386\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Company Update <\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cdca012 elementor-widget elementor-widget-heading\" data-id=\"cdca012\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Bayer \u2013 Q2 2026 Earnings Update<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27b8d07 elementor-widget elementor-widget-theme-post-excerpt\" data-id=\"27b8d07\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-excerpt.default\">\n\t\t\t\t\tBayer increases revenue and operating earnings in Q2 2026 and confirms its full-year targets despite legal risks.\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3c24760 e-con-full e-flex e-con e-child\" data-id=\"3c24760\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1a2bdd6 elementor-widget elementor-widget-post-info\" data-id=\"1a2bdd6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-6a3cf70 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>4. August 2026<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b842eb3 elementor-widget elementor-widget-image\" data-id=\"b842eb3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"36\" height=\"36\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Weiter-Update.svg\" class=\"attachment-large size-large wp-image-2253\" alt=\"Next Update\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"2252\" class=\"elementor elementor-2252 elementor-607 elementor-607 e-loop-item e-loop-item-7459 post-7459 post type-post status-publish format-standard has-post-thumbnail hentry category-company-update tag-bayer aktie-bayer\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t<a class=\"elementor-element elementor-element-b3d4703 e-con-full e-flex e-con e-parent\" data-id=\"b3d4703\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/mumak.me\/en\/portfolio-updates\/company-update\/bayer-q2-2026-earnings-update\/\">\n\t\t<div class=\"elementor-element elementor-element-e0444ea e-flex e-con-boxed e-con e-child\" data-id=\"e0444ea\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-36519ec e-con-full e-flex e-con e-child\" data-id=\"36519ec\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b17c74e elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"b17c74e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Johnson &amp; Johnson<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef39386 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"ef39386\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Company Update <\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cdca012 elementor-widget elementor-widget-heading\" data-id=\"cdca012\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Bayer \u2013 Q2 2026 Earnings Update<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27b8d07 elementor-widget elementor-widget-theme-post-excerpt\" data-id=\"27b8d07\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-excerpt.default\">\n\t\t\t\t\tJohnson &amp; Johnson impresses with strong Q2 2026 figures, significantly increasing revenue and free cash flow while raising its guidance\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3c24760 e-con-full e-flex e-con e-child\" data-id=\"3c24760\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1a2bdd6 elementor-widget elementor-widget-post-info\" data-id=\"1a2bdd6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-6a3cf70 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>4. August 2026<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b842eb3 elementor-widget elementor-widget-image\" data-id=\"b842eb3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"36\" height=\"36\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Weiter-Update.svg\" class=\"attachment-large size-large wp-image-2253\" alt=\"Next Update\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n<\/div>\n\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-878a66b e-flex e-con-boxed e-con e-parent\" data-id=\"878a66b\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-579c4e3 elementor-widget elementor-widget-text-editor\" data-id=\"579c4e3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/mumak.me\/en\/category\/portfolio-updates\/company-update\/\">Company Updates<\/a>, <a href=\"https:\/\/mumak.me\/en\/category\/portfolio-updates\/market-commentary\/\">Market Commentary<\/a>, <a href=\"https:\/\/mumak.me\/en\/category\/portfolio-updates\/portfolio-adjustment\/\">Portfolio Adjustments<\/a> and <a href=\"https:\/\/mumak.me\/en\/category\/portfolio-updates\/weekly-update\/\">Weekly Updates<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<a href=\"https:\/\/mumak.me\/en\/portfolio-updates\/\" target=\"_self\" class=\"e-e60e9bd-182b2ab e-button-base\" data-interaction-id=\"e60e9bd\" data-e-type=\"widget\" data-id=\"e60e9bd\">\n\t\tAll MUMAK Updates\n\t<\/a>\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c55fc9a e-flex e-con-boxed e-con e-parent\" data-id=\"c55fc9a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<h2 data-interaction-id=\"d7f4aef\" class=\"e-d7f4aef-6624a9b e-heading-base\" data-e-type=\"widget\" data-id=\"d7f4aef\">Research Insights<\/h2>\n\t\t\t\t\t<h2 data-interaction-id=\"615dadc\" class=\"e-615dadc-9b8f4b8 e-heading-base\" data-e-type=\"widget\" data-id=\"615dadc\">Detailed classification based on geopolitics, industry, fundamental data, market sentiment, and technical analysis<\/h2>\n\t\t<div class=\"elementor-element elementor-element-161d6bb e-con e-atomic-element e-flexbox-base e-161d6bb-7cfd727 \" data-id=\"161d6bb\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"161d6bb\" data-e-type=\"e-flexbox\" data-id=\"161d6bb\">\n    <div class=\"elementor-element elementor-element-586b37f e-con e-atomic-element e-flexbox-base e-586b37f-e4ad181 \" data-id=\"586b37f\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"586b37f\" data-e-type=\"e-flexbox\" data-id=\"586b37f\">\n    \t\t<div class=\"elementor-element elementor-element-2c9ff00 elementor-grid-1 elementor-grid-tablet-1 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"2c9ff00\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;template_id&quot;:2215,&quot;columns&quot;:1,&quot;columns_tablet&quot;:1,&quot;_skin&quot;:&quot;post&quot;,&quot;columns_mobile&quot;:&quot;1&quot;,&quot;edit_handle_selector&quot;:&quot;[data-elementor-type=\\&quot;loop-item\\&quot;]&quot;,&quot;row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"loop-grid.post\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-loop-container elementor-grid\" role=\"list\">\n\t\t<style id=\"loop-2215\">.elementor-2215 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.elementor-element.elementor-element-d955a11{--display:flex;--min-height:24px;--flex-direction:row;--container-widget-width:calc( ( 1 - var( --container-widget-flex-grow ) ) * 100% );--container-widget-height:100%;--container-widget-flex-grow:1;--container-widget-align-self:stretch;--flex-wrap-mobile:wrap;--justify-content:flex-start;--align-items:center;--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;}.elementor-2215 .elementor-element.elementor-element-52aaf20 .elementor-icon-list-icon{width:14px;}.elementor-2215 .elementor-element.elementor-element-52aaf20 .elementor-icon-list-icon i{font-size:14px;}.elementor-2215 .elementor-element.elementor-element-52aaf20 .elementor-icon-list-icon svg{--e-icon-list-icon-size:14px;}.elementor-2215 .elementor-element.elementor-element-52aaf20 .elementor-icon-list-text, .elementor-2215 .elementor-element.elementor-element-52aaf20 .elementor-icon-list-text a{color:var( --e-global-color-text );}.elementor-2215 .elementor-element.elementor-element-52aaf20 .elementor-icon-list-item{font-size:14px;}@media(min-width:768px){.elementor-2215 .elementor-element.elementor-element-b3d4703{--width:100%;}.elementor-2215 .elementor-element.elementor-element-ea5fa92{--width:60%;}.elementor-2215 .elementor-element.elementor-element-11573af{--width:40%;}.elementor-2215 .elementor-element.elementor-element-d955a11{--width:70%;}}@media(max-width:1024px) and (min-width:768px){.elementor-2215 .elementor-element.elementor-element-b3d4703{--width:100%;}.elementor-2215 .elementor-element.elementor-element-e0444ea{--content-width:100%;}.elementor-2215 .elementor-element.elementor-element-3c24760{--width:100%;}}@media(max-width:1024px){.elementor-2215 .elementor-element.elementor-element-cdca012 .elementor-heading-title{font-size:30px;}.elementor-2215 .elementor-element.elementor-element-fe0d6bb{font-size:16px;}.elementor-2215 .elementor-element.elementor-element-3c24760{--justify-content:space-between;}}@media(max-width:767px){.elementor-2215 .elementor-element.elementor-element-cdca012 .elementor-heading-title{font-size:24px;}.elementor-2215 .elementor-element.elementor-element-fe0d6bb{font-size:14px;}}<\/style>\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"2215\" class=\"elementor elementor-2215 elementor-900 elementor-900 e-loop-item e-loop-item-7862 post-7862 post type-post status-publish format-standard has-post-thumbnail hentry category-valuation-analysis category-active tag-submarines tag-nato tag-tkms tag-defense-stocks aktie-tkms\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t<a class=\"elementor-element elementor-element-b3d4703 e-con-full e-flex e-con e-parent\" data-id=\"b3d4703\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/mumak.me\/en\/research-insights\/valuation-analysis\/valuation-analysis-tkms\/\">\n\t\t<div class=\"elementor-element elementor-element-e0444ea e-flex e-con-boxed e-con e-child\" data-id=\"e0444ea\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-36519ec e-con-full e-flex e-con e-child\" data-id=\"36519ec\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b17c74e elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"b17c74e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">TKMS<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef39386 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"ef39386\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Shipbuilding \/ Aerospace &amp; Defense<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cdca012 elementor-widget elementor-widget-heading\" data-id=\"cdca012\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Valuation Analysis: TKMS<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a4ef859 elementor-widget elementor-widget-heading\" data-id=\"a4ef859\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">ISIN:  DE000TKMS001<\/p>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-74e1204 e-con-full e-flex e-con e-child\" data-id=\"74e1204\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-ea5fa92 e-con-full e-flex e-con e-child\" data-id=\"ea5fa92\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fe0d6bb elementor-widget elementor-widget-text-editor\" data-id=\"fe0d6bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tTKMS is emerging as a major beneficiary of European naval rearmament. The order backlog has reached EUR 20.6 billion, while revenue and operating results are rising. Additional upside potential is provided by Canada with a possible order for up to twelve Type 212CD submarines. However, high valuation, political decisions, and the implementation of complex large-scale projects remain key risks.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-11573af e-con-full e-flex e-con e-child\" data-id=\"11573af\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cad9f04 elementor-widget elementor-widget-image\" data-id=\"cad9f04\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"502\" height=\"502\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Compass-5von5.png\" class=\"attachment-full size-full wp-image-2216\" alt=\"Compass 5 out of 5\" srcset=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Compass-5von5.png 502w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Compass-5von5-300x300.png 300w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Compass-5von5-150x150.png 150w\" sizes=\"(max-width: 502px) 100vw, 502px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3c24760 e-con-full e-flex e-con e-child\" data-id=\"3c24760\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-d955a11 e-con-full e-flex e-con e-child\" data-id=\"d955a11\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-eaf633b elementor-widget elementor-widget-image\" data-id=\"eaf633b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"24\" height=\"24\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Aktiv-Icon.svg\" class=\"attachment-full size-full wp-image-2189\" alt=\"Active icon\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-52aaf20 elementor-widget elementor-widget-post-info\" data-id=\"52aaf20\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-6a3cf70 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>11. August 2026<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b842eb3 elementor-widget elementor-widget-image\" data-id=\"b842eb3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"36\" height=\"36\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Weiter-Research.svg\" class=\"attachment-large size-large wp-image-2199\" alt=\"More research\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n<\/div>\n<div class=\"elementor-element elementor-element-2d51b2a e-con e-atomic-element e-flexbox-base e-2d51b2a-d60c2ab \" data-id=\"2d51b2a\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"2d51b2a\" data-e-type=\"e-flexbox\" data-id=\"2d51b2a\">\n    \t\t<div class=\"elementor-element elementor-element-a643050 elementor-grid-1 elementor-widget__width-inherit elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"a643050\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;template_id&quot;:2218,&quot;columns&quot;:1,&quot;row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:20,&quot;sizes&quot;:[]},&quot;_skin&quot;:&quot;post&quot;,&quot;columns_tablet&quot;:&quot;2&quot;,&quot;columns_mobile&quot;:&quot;1&quot;,&quot;edit_handle_selector&quot;:&quot;[data-elementor-type=\\&quot;loop-item\\&quot;]&quot;,&quot;row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"loop-grid.post\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-loop-container elementor-grid\" role=\"list\">\n\t\t<style id=\"loop-2218\">.elementor-2218 .elementor-element.elementor-element-b3d4703{--display:flex;--flex-direction:column;--container-widget-width:100%;--container-widget-height:initial;--container-widget-flex-grow:0;--container-widget-align-self:initial;--flex-wrap-mobile:wrap;--justify-content:space-between;--gap:10px 10px;--row-gap:10px;--column-gap:10px;--background-transition:0.3s;border-style:solid;--border-style:solid;border-width:1px 1px 1px 1px;--border-top-width:1px;--border-right-width:1px;--border-bottom-width:1px;--border-left-width:1px;border-color:var( --e-global-color-4cca19c );--border-color:var( --e-global-color-4cca19c );--border-radius:20px 20px 20px 20px;--padding-top:20px;--padding-bottom:20px;--padding-left:20px;--padding-right:20px;}.elementor-2218 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);--container-widget-height:100%;--container-widget-flex-grow:1;--container-widget-align-self:stretch;--flex-wrap-mobile:wrap;--justify-content:flex-start;--align-items:center;--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;}.elementor-2218 .elementor-element.elementor-element-504453d .elementor-icon-list-icon{width:14px;}.elementor-2218 .elementor-element.elementor-element-504453d .elementor-icon-list-icon i{font-size:14px;}.elementor-2218 .elementor-element.elementor-element-504453d .elementor-icon-list-icon svg{--e-icon-list-icon-size:14px;}.elementor-2218 .elementor-element.elementor-element-504453d .elementor-icon-list-text, .elementor-2218 .elementor-element.elementor-element-504453d .elementor-icon-list-text a{color:var( --e-global-color-text );}.elementor-2218 .elementor-element.elementor-element-504453d .elementor-icon-list-item{font-size:14px;}@media(min-width:768px){.elementor-2218 .elementor-element.elementor-element-094f2a9{--width:70%;}}<\/style>\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"2218\" class=\"elementor elementor-2218 elementor-919 elementor-919 e-loop-item e-loop-item-3541 post-3541 post type-post status-publish format-standard has-post-thumbnail hentry category-valuation-analysis category-active tag-diabetes tag-eli-lilly tag-glp-1 tag-obesity tag-pharmaceuticals aktie-eli-lilly\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t<a class=\"elementor-element elementor-element-b3d4703 e-con-full e-flex e-con e-parent\" data-id=\"b3d4703\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/mumak.me\/en\/research-insights\/valuation-analysis\/valuation-analysis-eli-lilly-and-company\/\">\n\t\t<div class=\"elementor-element elementor-element-e0444ea e-flex e-con-boxed e-con e-child\" data-id=\"e0444ea\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-36519ec e-con-full e-flex e-con e-child\" data-id=\"36519ec\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b17c74e elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"b17c74e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Eli Lilly <\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef39386 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"ef39386\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Healthcare<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cdca012 elementor-widget elementor-widget-heading\" data-id=\"cdca012\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Valuation Analysis: Eli Lilly and Company<\/h3>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3c24760 e-con-full e-flex e-con e-child\" data-id=\"3c24760\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-094f2a9 e-con-full e-flex e-con e-child\" data-id=\"094f2a9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-59dd6ed elementor-widget elementor-widget-image\" data-id=\"59dd6ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"24\" height=\"24\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Aktiv-Icon.svg\" class=\"attachment-full size-full wp-image-2189\" alt=\"Active icon\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-504453d elementor-widget elementor-widget-post-info\" data-id=\"504453d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-6a3cf70 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>10. August 2026<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b842eb3 elementor-widget elementor-widget-image\" data-id=\"b842eb3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"36\" height=\"36\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Weiter-Research.svg\" class=\"attachment-large size-large wp-image-2199\" alt=\"More research\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"2218\" class=\"elementor elementor-2218 elementor-919 elementor-919 e-loop-item e-loop-item-4749 post-4749 post type-post status-publish format-standard has-post-thumbnail hentry category-valuation-analysis category-active tag-biotechnologie tag-krebsforschung tag-prazisionsonkologie tag-revolution-medicines aktie-revolution-medicines\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t<a class=\"elementor-element elementor-element-b3d4703 e-con-full e-flex e-con e-parent\" data-id=\"b3d4703\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/mumak.me\/en\/research-insights\/valuation-analysis\/valuation-analysis-revolution-medicines\/\">\n\t\t<div class=\"elementor-element elementor-element-e0444ea e-flex e-con-boxed e-con e-child\" data-id=\"e0444ea\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-36519ec e-con-full e-flex e-con e-child\" data-id=\"36519ec\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b17c74e elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"b17c74e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Revolution Medicines<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef39386 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"ef39386\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Healthcare<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cdca012 elementor-widget elementor-widget-heading\" data-id=\"cdca012\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Valuation Analysis: Revolution Medicines<\/h3>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3c24760 e-con-full e-flex e-con e-child\" data-id=\"3c24760\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-094f2a9 e-con-full e-flex e-con e-child\" data-id=\"094f2a9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-59dd6ed elementor-widget elementor-widget-image\" data-id=\"59dd6ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"24\" height=\"24\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Aktiv-Icon.svg\" class=\"attachment-full size-full wp-image-2189\" alt=\"Active icon\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-504453d elementor-widget elementor-widget-post-info\" data-id=\"504453d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-6a3cf70 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>6. August 2026<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b842eb3 elementor-widget elementor-widget-image\" data-id=\"b842eb3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"36\" height=\"36\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Weiter-Research.svg\" class=\"attachment-large size-large wp-image-2199\" alt=\"More research\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"2218\" class=\"elementor elementor-2218 elementor-919 elementor-919 e-loop-item e-loop-item-2450 post-2450 post type-post status-publish format-standard has-post-thumbnail hentry category-active category-valuation-analysis tag-bewertungsanalyse tag-aktienanalyse tag-defence-industry-2 tag-defense-stocks tag-rheinmetall aktie-rheinmetall\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t<a class=\"elementor-element elementor-element-b3d4703 e-con-full e-flex e-con e-parent\" data-id=\"b3d4703\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/mumak.me\/en\/status\/active\/valuation-analysis-rheinmetall\/\">\n\t\t<div class=\"elementor-element elementor-element-e0444ea e-flex e-con-boxed e-con e-child\" data-id=\"e0444ea\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-36519ec e-con-full e-flex e-con e-child\" data-id=\"36519ec\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b17c74e elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"b17c74e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Rheinmetall AG<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef39386 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"ef39386\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Aerospace &amp; Defense<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cdca012 elementor-widget elementor-widget-heading\" data-id=\"cdca012\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Valuation Analysis: Rheinmetall<\/h3>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3c24760 e-con-full e-flex e-con e-child\" data-id=\"3c24760\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-094f2a9 e-con-full e-flex e-con e-child\" data-id=\"094f2a9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-59dd6ed elementor-widget elementor-widget-image\" data-id=\"59dd6ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"24\" height=\"24\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Aktiv-Icon.svg\" class=\"attachment-full size-full wp-image-2189\" alt=\"Active icon\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-504453d elementor-widget elementor-widget-post-info\" data-id=\"504453d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-6a3cf70 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>6. August 2026<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b842eb3 elementor-widget elementor-widget-image\" data-id=\"b842eb3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"36\" height=\"36\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Weiter-Research.svg\" class=\"attachment-large size-large wp-image-2199\" alt=\"More research\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n<\/div>\n\n<\/div>\n\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b126fa1 e-flex e-con-boxed e-con e-parent\" data-id=\"b126fa1\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6b598da elementor-widget elementor-widget-text-editor\" data-id=\"6b598da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/mumak.me\/en\/category\/research-insights\/valuation-analysis\/\">Valuation Analyses<\/a>, Industry Analyses, Earnings Analyses, and Company Analyses<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<a href=\"https:\/\/mumak.me\/en\/research-insights\/\" target=\"_self\" class=\"e-3eb2a93-5f45a35 e-button-base\" data-interaction-id=\"3eb2a93\" data-e-type=\"widget\" data-id=\"3eb2a93\">\n\t\tAll Research Insights\n\t<\/a>\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c5fcd03 e-flex e-con-boxed e-con e-parent\" data-id=\"c5fcd03\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-55e3efc e-con-full e-flex e-con e-child\" data-id=\"55e3efc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e543aa6 elementor-widget elementor-widget-text-editor\" data-id=\"e543aa6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2>What is mumak?<\/h2><p><strong>mumak<\/strong> stands for &#8220;<strong>M<\/strong>eine <strong>UM<\/strong>brella <strong>AK<\/strong>tien&#8221; and is an online financial journal that aims to provide well-founded stock analysis.<\/p><p>The goal is to make the background and methodology of the UMBRELLA Strategy understandable. <span style=\"text-align: var(--text-align); font-size: 1rem;\">The content should be explained in a simple, financial journalistic manner, using various approaches, and presented comprehensibly.<\/span><\/p><p><strong>MUMAK &#8211; financial journalism with a track record.<\/strong><\/p><h3>The UMBRELLA Strategy serves as a systematic approach <\/h3><div> <\/div><ul><li>Consideration of geopolitical developments<\/li><li>Classification into industry and macro trends<\/li><li>Fundamental Valuation of Companies <\/li><li>Market sentiment, news analysis, analyst opinions, and social trader perspectives<\/li><li>Discussion of technical analysis<\/li><\/ul><p>This combination is intended to provide a nuanced view of opportunities and risks within the stock market. This can provide a foundation for your own decision-making processes. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4049899 e-con-full e-flex e-con e-child\" data-id=\"4049899\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-96ccb62 elementor-widget elementor-widget-text-editor\" data-id=\"96ccb62\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2>Who is behind mumak<\/h2><p>mumak is being built and constantly further developed by Richard Dobetsberger and Lina Mosentseva. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f8b24aa e-con e-atomic-element e-flexbox-base e-f8b24aa-15b16cb \" data-id=\"f8b24aa\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"f8b24aa\" data-e-type=\"e-flexbox\" data-id=\"f8b24aa\">\n    <div class=\"elementor-element elementor-element-fd2d3b5 e-con e-atomic-element e-flexbox-base e-fd2d3b5-e06127f \" data-id=\"fd2d3b5\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"fd2d3b5\" data-e-type=\"e-flexbox\" data-id=\"fd2d3b5\">\n    \t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"e-image-base e-29d5d79-2a98759\" data-interaction-id=\"29d5d79\" data-e-type=\"widget\" data-id=\"29d5d79\" id=\"2278\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Richard-Dobetsberger-qu2-300x300.jpg\" width=\"300\" height=\"300\" srcset=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Richard-Dobetsberger-qu2-300x300.jpg 300w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Richard-Dobetsberger-qu2-150x150.jpg 150w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Richard-Dobetsberger-qu2-768x768.jpg 768w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Richard-Dobetsberger-qu2.jpg 1000w\" alt=\"Richard Dobetsberger\"\/>\t\t\n<\/div>\n<div class=\"elementor-element elementor-element-b108d25 e-con e-atomic-element e-flexbox-base e-b108d25-1ecf844 \" data-id=\"b108d25\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"b108d25\" data-e-type=\"e-flexbox\" data-id=\"b108d25\">\n    \t\t<div class=\"elementor-element elementor-element-6d837ae elementor-widget elementor-widget-text-editor\" data-id=\"6d837ae\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>Richard Dobetsberger<\/strong> developed the Umbrella strategy, a structured approach that combines geopolitical developments, fundamental data, market sentiment, and technical analysis. This combination of scientific methodology, geopolitical thinking, and capital market practice forms the foundation. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\n<\/div>\n\n<\/div>\n<div class=\"elementor-element elementor-element-f158955 e-con e-atomic-element e-flexbox-base e-f158955-ac6471e \" data-id=\"f158955\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"f158955\" data-e-type=\"e-flexbox\" data-id=\"f158955\">\n    <div class=\"elementor-element elementor-element-5126f5c e-con e-atomic-element e-flexbox-base e-5126f5c-98a5466 \" data-id=\"5126f5c\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"5126f5c\" data-e-type=\"e-flexbox\" data-id=\"5126f5c\">\n    \t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"e-image-base e-d2befed-dd4f573\" data-interaction-id=\"d2befed\" data-e-type=\"widget\" data-id=\"d2befed\" id=\"2283\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/05\/Lina-Mosentseva-2-300x300.jpg\" width=\"300\" height=\"300\" srcset=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/05\/Lina-Mosentseva-2-300x300.jpg 300w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/05\/Lina-Mosentseva-2-150x150.jpg 150w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/05\/Lina-Mosentseva-2-768x768.jpg 768w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/05\/Lina-Mosentseva-2.jpg 909w\" alt=\"Lina Mosentseva\"\/>\t\t\n<\/div>\n<div class=\"elementor-element elementor-element-9c7e814 e-con e-atomic-element e-flexbox-base e-9c7e814-f883b9d \" data-id=\"9c7e814\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"9c7e814\" data-e-type=\"e-flexbox\" data-id=\"9c7e814\">\n    \t\t<div class=\"elementor-element elementor-element-7e1141a elementor-widget elementor-widget-text-editor\" data-id=\"7e1141a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>Lina Mosentseva<\/strong> has been involved with stock markets, social trading, and financial analysis for over ten years. She combines classical company analysis with modern digital financial communication and ensures that complex market developments are presented in an understandable way. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\n<\/div>\n\n<\/div>\n\t\t<div class=\"elementor-element elementor-element-f54da63 elementor-widget elementor-widget-text-editor\" data-id=\"f54da63\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Together, they combine analytical depth with structured preparation \u2013 with the aim of making developments in the stock market comprehensible.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<a href=\"https:\/\/mumak.me\/en\/about-mumak\/\" target=\"_self\" class=\"e-5f0a771-3aa098b e-button-base\" data-interaction-id=\"5f0a771\" data-e-type=\"widget\" data-id=\"5f0a771\">\n\t\tMore about MUMAK\n\t<\/a>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>MUMAK: Understand stocks. Recognize innovation. Strategically seize opportunities. Research | InsightsPortfolio | Updates Inside Umbrella Data. Analysis. Classification. &nbsp;Systematic company analysis using the MUMAK\u00ae methodology Umbrella Strategy Inside UMBRELLA Lade Chart \u2026 Past performance is not a reliable indicator of future results. The information is provided solely for transparency. The Umbrella Strategy briefly explained &#8220;Flexible [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":0,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-2276","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/pages\/2276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/comments?post=2276"}],"version-history":[{"count":224,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/pages\/2276\/revisions"}],"predecessor-version":[{"id":7458,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/pages\/2276\/revisions\/7458"}],"wp:attachment":[{"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/media?parent=2276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}