Germany 30 (FDAX)
DAX (a derivative of it Deutscher Aktienindex.) – The most important stock index in Germany. The index is calculated as a weighted average capitalization value of shares of the largest joint stock companies in Germany price (in this case capitalization is calculated only on the basis of shares in free float). The index also takes into account the dividends received as income from shares, assuming dividends are reinvested in shares. Thus, the index reflects the total return on capital.
FDAX was established July 1, 1988. It is calculated by Deutsche Börse AG. Tool with good liquidity. It has a high correlation with European stocks. Often forms stable trends. Good patient investors.
