{"id":2276,"date":"2026-03-23T21:39:15","date_gmt":"2026-03-23T20:39:15","guid":{"rendered":"https:\/\/mumak.me\/mumak\/"},"modified":"2026-06-26T08:45:04","modified_gmt":"2026-06-26T06:45:04","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-798ab47 e-flex e-con-boxed e-con e-parent\" data-id=\"798ab47\" 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=\"fea695d\" class=\"e-fea695d-3a99ae1 e-heading-base\" data-e-type=\"widget\" data-id=\"fea695d\">Inside Umbrella<\/h2>\n\t\t\t\t\t<h2 data-interaction-id=\"cefd51c\" class=\"e-cefd51c-07ac808 e-heading-base\" data-e-type=\"widget\" data-id=\"cefd51c\">Financial journalism<strong id=\"e-mqgbifed-04e9wr5\"> <\/strong>with<strong id=\"e-mqgbifed-lrxmtsc\"> <\/strong>a track<strong id=\"e-mqgbifed-1z5lfdh\"> <\/strong>record (via Wikifolio)<\/h2>\n\t\t<div class=\"elementor-element elementor-element-4171694 e-con e-atomic-element e-flexbox-base e-4171694-ae93d92 \" data-id=\"4171694\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"4171694\" data-e-type=\"e-flexbox\" data-id=\"4171694\">\n    <div class=\"elementor-element elementor-element-8aad58f e-con e-atomic-element e-flexbox-base e-8aad58f-e8c5572 \" data-id=\"8aad58f\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"8aad58f\" data-e-type=\"e-flexbox\" data-id=\"8aad58f\">\n    <div class=\"elementor-element elementor-element-c3d1321 e-con e-atomic-element e-flexbox-base e-c3d1321-a587c48 \" data-id=\"c3d1321\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"c3d1321\" data-e-type=\"e-flexbox\" data-id=\"c3d1321\">\n    <div class=\"elementor-element elementor-element-c058958 e-con e-atomic-element e-flexbox-base e-c058958-a236c7d \" data-id=\"c058958\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"c058958\" data-e-type=\"e-flexbox\" data-id=\"c058958\">\n    \t\t<div class=\"elementor-element elementor-element-38f7dd2 elementor-widget elementor-widget-heading\" data-id=\"38f7dd2\" 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-58ce620 elementor-widget elementor-widget-heading\" data-id=\"58ce620\" 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-aa3bc67 elementor-widget elementor-widget-heading\" data-id=\"aa3bc67\" 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 June 26, 2026<\/p>\t\t\t\t<\/div>\n\t\t\n<\/div>\n\t\t<div class=\"elementor-element elementor-element-ecee1e1 elementor-widget elementor-widget-mumak-wikifolio-chart\" data-id=\"ecee1e1\" 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-ecee1e1\" 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;:false,&quot;kpis&quot;:[&quot;PerformanceMax&quot;,&quot;PerformanceAnnualizedMax&quot;,&quot;Performance1Year&quot;,&quot;Volatility1Year&quot;,&quot;ReturnToRiskMax&quot;],&quot;currencySuffix&quot;:&quot;\\u20ac&quot;,&quot;language&quot;:&quot;auto&quot;}\">\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<div class=\"elementor-element elementor-element-0224b77 e-con e-atomic-element e-flexbox-base e-0224b77-af0b88e \" data-id=\"0224b77\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"0224b77\" data-e-type=\"e-flexbox\" data-id=\"0224b77\">\n    <div class=\"elementor-element elementor-element-3d89613 e-con e-atomic-element e-flexbox-base e-3d89613-c2563c8 \" data-id=\"3d89613\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"3d89613\" data-e-type=\"e-flexbox\" data-id=\"3d89613\">\n    \t\t<div class=\"elementor-element elementor-element-cbd0319 elementor-widget elementor-widget-heading\" data-id=\"cbd0319\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">+3.174,0 %<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-36fbf91 elementor-widget elementor-widget-heading\" data-id=\"36fbf91\" 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\">Total performance since Sept. 2012<\/p>\t\t\t\t<\/div>\n\t\t\n<\/div>\n<div class=\"elementor-element elementor-element-32538b3 e-con e-atomic-element e-flexbox-base e-32538b3-c2cc24a \" data-id=\"32538b3\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"32538b3\" data-e-type=\"e-flexbox\" data-id=\"32538b3\">\n    \t\t<div class=\"elementor-element elementor-element-8ae9f3d elementor-widget elementor-widget-heading\" data-id=\"8ae9f3d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">+28,8 %<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f3f8a8b elementor-widget elementor-widget-heading\" data-id=\"f3f8a8b\" 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\">Avg. performance per year<\/p>\t\t\t\t<\/div>\n\t\t\n<\/div>\n<div class=\"elementor-element elementor-element-4121fb7 e-con e-atomic-element e-flexbox-base e-4121fb7-d8cb92c \" data-id=\"4121fb7\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"4121fb7\" data-e-type=\"e-flexbox\" data-id=\"4121fb7\">\n    \t\t<div class=\"elementor-element elementor-element-dab81f6 elementor-widget elementor-widget-heading\" data-id=\"dab81f6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">+22,9 %<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-585f2a9 elementor-widget elementor-widget-heading\" data-id=\"585f2a9\" 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\">Annual alpha\ncompared to MSCI World <\/p>\t\t\t\t<\/div>\n\t\t\n<\/div>\n<div class=\"elementor-element elementor-element-acc1bae e-con e-atomic-element e-flexbox-base e-acc1bae-305be71 \" data-id=\"acc1bae\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"acc1bae\" data-e-type=\"e-flexbox\" data-id=\"acc1bae\">\n    \t\t<div class=\"elementor-element elementor-element-06f386a elementor-widget elementor-widget-button\" data-id=\"06f386a\" 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\n<\/div>\n\n<\/div>\n\n<\/div>\n<div class=\"elementor-element elementor-element-adde746 e-con e-atomic-element e-flexbox-base e-adde746-68238eb \" data-id=\"adde746\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"adde746\" data-e-type=\"e-flexbox\" data-id=\"adde746\">\n    \t\t<div class=\"elementor-element elementor-element-ad64e8f elementor-grid-1 elementor-widget__width-inherit elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"ad64e8f\" 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-4904 post-4904 post type-post status-publish format-standard has-post-thumbnail hentry category-stocks category-active tag-agrochemicals tag-bayer tag-bayn tag-pharmaceutical-industry aktie-bayer-ag\" 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-bayer-ag\/\">\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\">Pharmaceuticals, Chemicals &amp; Biotechnology<\/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: Bayer AG<\/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:  DE000BAY0017<\/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 fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/06\/Bayer-Logo.svg\" class=\"attachment-medium size-medium wp-image-4935\" alt=\"Bayer Logo\" \/>\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>19. June 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-4639 post-4639 post type-post status-publish format-standard has-post-thumbnail hentry category-stocks category-active tag-biotechnologie tag-krebsforschung tag-prazisionsonkologie tag-revolution-medicines aktie-revolution-medicines aktie-rvmd\" 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-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 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: Revolution Medicines<\/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:  US76155X1000<\/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=\"93\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/06\/RVMD_Logo-300x93.png\" class=\"attachment-medium size-medium wp-image-4741\" alt=\"\" srcset=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/06\/RVMD_Logo-300x93.png 300w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/06\/RVMD_Logo-1024x316.png 1024w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/06\/RVMD_Logo-768x237.png 768w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/06\/RVMD_Logo-1536x475.png 1536w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/06\/RVMD_Logo.png 1550w\" 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>15. June 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-4065 post-4065 post type-post status-publish format-standard has-post-thumbnail hentry category-stocks category-active tag-dividend-stock tag-healthcare tag-jnj tag-johnson-johnson tag-medical-technology tag-pharmaceutical-industry aktie-jnj aktie-johnson-johnson\" 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-johnson-johnson\/\">\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\">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: Johnson &#038; Johnson<\/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:  US4781601046<\/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=\"55\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/06\/Johnson_and_Johnson_Logo.svg-300x55.png\" class=\"attachment-medium size-medium wp-image-4074\" alt=\"JNJ Logo\" srcset=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/06\/Johnson_and_Johnson_Logo.svg-300x55.png 300w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/06\/Johnson_and_Johnson_Logo.svg-1024x186.png 1024w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/06\/Johnson_and_Johnson_Logo.svg-768x140.png 768w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/06\/Johnson_and_Johnson_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>8. June 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-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-5045 post-5045 post type-post status-publish format-standard has-post-thumbnail hentry category-weekly-update tag-apple tag-biotechnologie tag-eli-lilly tag-healthcare-sector tag-ibm tag-johnson-johnson tag-kunstliche-intelligenz tag-microsoft tag-palantir-technologies tag-revolution-medicines tag-rheinmetall tag-tesla tag-umbrella\" 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\/weekly-update\/weekly-market-overview-june-15-21-2026\/\">\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\">Weekly 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\">Weekly Market Overview \u2013 June 15-21, 2026<\/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\tThe UMBRELLA Strategy is divesting from energy stocks and further expanding its engagement in the healthcare and biotechnology sector.\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>22. June 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-4657 post-4657 post type-post status-publish format-standard has-post-thumbnail hentry category-weekly-update tag-apple tag-conocophillips tag-eli-lilly tag-healthcare-sector tag-ibm tag-jnj tag-johnson-johnson tag-kunstliche-intelligenz tag-microsoft tag-occidental-petroleum tag-palantir-technologies tag-portfolio-update tag-rheinmetall tag-stock-market tag-tesla tag-umbrella tag-umbrella-strategy\" 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\/weekly-update\/weekly-market-overview-june-8-14-2026\/\">\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\">Weekly 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\">Weekly Market Overview \u2013 June 8-14, 2026<\/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\tAI and healthcare innovation are shaping the markets. The UMBRELLA Strategy increases its focus on quality companies and reduces cyclical\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>15. June 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-4129 post-4129 post type-post status-publish format-standard has-post-thumbnail hentry category-weekly-update tag-eli-lilly tag-kunstliche-intelligenz tag-portfolio-update tag-stock-market tag-umbrella-strategy\" 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\/weekly-update\/weekly-market-overview-june-1-7-2026\/\">\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\">Weekly 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\">Weekly Market Overview \u2013 June 1-7, 2026<\/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\tThe UMBRELLA strategy has completed its portfolio restructuring, further strengthening its focus on Artificial Intelligence, cloud infrastructure, and data analysis.\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>8. June 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\" 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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-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-4916 post-4916 post type-post status-publish format-standard has-post-thumbnail hentry category-valuation-analysis category-active tag-agrarchemie tag-bayer tag-bayn tag-pharmaindustrie aktie-bayer-ag\" 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-bayer-ag\/\">\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 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\">Pharmaceuticals, Chemicals &amp; Biotechnology  <\/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: Bayer AG<\/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:  DE000BAY0017<\/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\tBayer AG is in a phase of operational stabilization. While revenue and cash flow remain under pressure, profitability is improving significantly. Management expects further progress in EBITDA by 2026. At the same time, glyphosate litigation, negative free cash flow, and high leverage remain the biggest challenges. Nevertheless, analysts still see attractive upside potential for the stock.    \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-1da9c49 elementor-widget elementor-widget-image\" data-id=\"1da9c49\" 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-3von5.png\" class=\"attachment-full size-full wp-image-3355\" alt=\"Compass 3 out of 5\" srcset=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Compass-3von5.png 502w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Compass-3von5-300x300.png 300w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/04\/Compass-3von5-150x150.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>19. June 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 .elementor-element.elementor-element-b3d4703:not(.elementor-motion-effects-element-type-background), .elementor-2218 .elementor-element.elementor-element-b3d4703 > .elementor-motion-effects-container > .elementor-motion-effects-layer{background-color:var( --e-global-color-2d13977 );}.elementor-2218 .elementor-element.elementor-element-b3d4703:hover{background-color:var( --e-global-color-b5d0f3f );}.elementor-2218 .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-2218 .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;--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;}.elementor-2218 .elementor-element.elementor-element-b17c74e{text-align:center;padding:0px 12px 0px 12px;width:auto;max-width:auto;background-color:var( --e-global-color-4cca19c );border-radius:14px 14px 14px 14px;}.elementor-2218 .elementor-element.elementor-element-b17c74e .elementor-heading-title{font-size:12px;text-transform:uppercase;color:var( --e-global-color-text );}.elementor-2218 .elementor-element.elementor-element-ef39386{text-align:center;padding:0px 12px 0px 12px;width:auto;max-width:auto;background-color:var( --e-global-color-4cca19c );border-radius:14px 14px 14px 14px;}.elementor-2218 .elementor-element.elementor-element-ef39386 .elementor-heading-title{font-size:12px;text-transform:uppercase;color:var( --e-global-color-text );}.elementor-2218 .elementor-element.elementor-element-cdca012 .elementor-heading-title{font-size:20px;line-height:1.3em;color:var( --e-global-color-text );}.elementor-2218 .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-2218 .elementor-element.elementor-element-094f2a9{--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-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-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>16. June 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-4079 post-4079 post type-post status-publish format-standard has-post-thumbnail hentry category-valuation-analysis category-active tag-dividend-stocks tag-healthcare-sector tag-jnj tag-johnson-johnson tag-medical-technology tag-pharmaceutical-industry aktie-johnson-johnson\" 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-johnson-johnson\/\">\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\">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: Johnson &#038; Johnson<\/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>15. June 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-3541 post-3541 post type-post status-publish format-standard has-post-thumbnail hentry category-valuation-analysis category-active tag-bewertungsanalyse tag-aktienanalyse tag-eli-lilly tag-glp-1 tag-obesity tag-pharmaceutical-industry tag-wachstumsaktien 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 and Company<\/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\">Valuation Analysis<\/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>29. May 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 Financial journalism with a track record (via Wikifolio) Umbrella Strategy As of June 26, 2026 Lade Chart \u2026 +3.174,0 % Total performance since Sept. 2012 +28,8 % Avg. performance per year +22,9 % Annual alpha compared to MSCI World Inside [&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":160,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/pages\/2276\/revisions"}],"predecessor-version":[{"id":5267,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/pages\/2276\/revisions\/5267"}],"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}]}}