DAX Index (Germany) Price on January 17, 2023
| GDAXI Index | 18,089 48.95 0.27% |
Below is the normalized historical share price chart for DAX Index extending back to January 02, 1980. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of DAX Index stands at 18,089, as last reported on the 25th of April, with the highest price reaching 18,226 and the lowest price hitting 18,060 during the day.
If you're considering investing in DAX Index, it is important to understand the factors that can impact its price. DAX Index secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the index had a 0.18% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for DAX Index, which you can use to evaluate the volatility of the entity. DAX Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.1758
| Best Portfolio | Best Equity | |||
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| Cash | GDAXI | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average DAX Index is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of DAX Index by adding it to a well-diversified portfolio.
DAX Index Valuation on January 17, 2023
It is possible to determine the worth of DAX Index on a given historical date. On January 17, 2023 DAX was worth 15130.03 at the beginning of the trading date compared to the closed value of 15187.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DAX Index index. Still, in general, we apply an absolute valuation method to find DAX Index's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of DAX Index where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DAX Index's related companies.
| Open | High | Low | Close | Volume | |
| 15,112 | 15,153 | 15,084 | 15,134 | 42,102,673 | |
01/17/2023 | 15,130 | 15,270 | 15,084 | 15,187 | 57,914,428 |
| 15,183 | 15,250 | 15,157 | 15,182 | 58,258,040 |
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DAX Index Trading Date Momentum on January 17, 2023
| On January 18 2023 DAX Index was traded for 15,182 at the closing time. The highest price during the trading period was 15,250 and the lowest recorded bid was listed for 15,157 . The volume for the day was 58.3 M. This history from January 18, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.03% . The overall trading delta to the current price is 0.47% . |
Price Boundaries
DAX Index Period Price Range
Low | January 17, 2023
| High |
15,130 | 15,187 |
DAX Index April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how DAX Index index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DAX Index shares will generate the highest return on investment. By undertsting and applying DAX Index index market strength indicators, traders can identify DAX Index entry and exit signals to maximize returns
| Accumulation Distribution | 704544.0 | |||
| Daily Balance Of Power | 0.3071 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 15176.83 | |||
| Day Typical Price | 15180.24 | |||
| Price Action Indicator | 38.76 | |||
| Period Momentum Indicator | 2901.63 | |||
| Relative Strength Index | 95.63 |
DAX Index Technical Drivers
DAX Index April 25, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DAX Index's price direction in advance. Along with the technical and fundamental analysis of DAX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of DAX to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1419 | |||
| Mean Deviation | 0.4509 | |||
| Semi Deviation | 0.4054 | |||
| Downside Deviation | 0.6306 | |||
| Coefficient Of Variation | 439.14 | |||
| Standard Deviation | 0.6161 | |||
| Variance | 0.3795 | |||
| Information Ratio | 0.073 | |||
| Total Risk Alpha | 0.046 | |||
| Sortino Ratio | 0.0713 | |||
| Maximum Drawdown | 3.02 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.23 | |||
| Downside Variance | 0.3976 | |||
| Semi Variance | 0.1644 | |||
| Expected Short fall | (0.50) | |||
| Skewness | (0.23) | |||
| Kurtosis | 0.8856 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any index could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.