DAX

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DAX

 (dăks)
A trademark for a German stock-market index composed of 30 actively traded, large cap stocks on the Frankfurt Stock Exchange.

DAX

(dæks)
n
(Banking & Finance) an index of share prices based on an average of 30 leading stocks quoted on the Frankfurt Stock Exchange
[German: abbreviation of Deutscher Aktienindex]
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It is not possible to generate good forecasts of major stock market index returns, such as Standard and Poor's 500, Financial Times Index, and Deutscher Aktienindex, without including returns of emerging market stock returns.

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