|Horizon||30 Days Login to change|
DAX vs. S&P 500
Assuming 30 trading days horizon, DAX is expected to under-perform the SP 500. In addition to that, DAX is 1.03 times more volatile than S&P 500. It trades about -0.31 of its total potential returns per unit of risk. S&P 500 is currently generating about -0.24 per unit of volatility. If you would invest 292,967 in S&P 500 on September 21, 2018 and sell it today you would lose (16,289) from holding S&P 500 or give up 5.56% of portfolio value over 30 days.
Pair Corralation between DAX and SP 500