What does dax mean?
Definitions for dax
dax
This dictionary definitions page includes all the possible meanings, example usage and translations of the word dax.
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Wikipedia
DAX
The DAX (Deutscher Aktienindex (German stock index); German pronunciation: [daks] (listen)) is a stock market index consisting of the 40 major German blue chip companies trading on the Frankfurt Stock Exchange. It is a total return index. Prices are taken from the Xetra trading venue. According to Deutsche Börse, the operator of Xetra, DAX measures the performance of the Prime Standard’s 40 largest German companies in terms of order book volume and market capitalization. DAX is the equivalent of the UK FTSE 100 and the US Dow Jones Industrial Average, and because of its small company selection it does not necessarily represent the vitality of the German economy as a whole. The L-DAX Index is an indicator of the German benchmark DAX index's performance after the Xetra trading venue closes based on the floor trading at the Börse Frankfurt trading venue. The L-DAX Index basis is the "floor" trade (Parketthandel) at the Frankfurt stock exchange; it is computed daily between 09:00 and 17:45 Hours CET. The L/E-DAX index (Late/Early DAX) is calculated from 17:45 to 20:00 CET and from 08:00 to 09:00 CET. The Eurex, a European electronic futures and options exchange based in Zürich, Switzerland with a subsidiary in Frankfurt, Germany, offers options (ODAX) and Futures (FDAX) on the DAX from 01:10 to 22:00 CET or from 02:10 to 22:00 CEST.The Base date for the DAX is 30 December 1987, and it was started from a base value of 1,000. The Xetra technology calculates the index every second since 1 January 2006. On 24 Nov 2020, Deutsche Börse announced an expansion of the DAX from 30 to 40 members and a tightening of rules in response to the Wirecard accounting scandal. The expansion occurred in the 3rd quarter of 2021.
Wikidata
DAX
The DAX is a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange. Prices are taken from the electronic Xetra trading system. According to Deutsche Börse, the operator of Xetra, DAX measures the performance of the Prime Standard’s 30 largest German companies in terms of order book volume and market capitalization. It is the equivalent of the FT 30 and the Dow Jones Industrial Average, and because of its small selection it does not necessarily represent the vitality of the economy as whole. The L-DAX Index is an indicator of the German benchmark DAX index's performance after the Xetra electronic-trading system closes based on the floor trading at the Frankfurt Stock Exchange. The L-DAX Index basis is the "floor" trade at the Frankfurt stock exchange; it is computed daily between 09:00 and 17:30 Hours CET. The L-DAX index is calculated from 17:30 to 20:00 CET. The Eurex, a European electronic futures and options exchange based in Zurich, Switzerland with a subsidiary in Frankfurt, Germany, offers options and Futures on the DAX from 08:00 to 22:00 CET.
Military Dictionary and Gazetteer
dax
A well-built town of France, department of Landes. It is surrounded by an old wall, flanked with towers, and is also protected by a castle. Dax was taken by the English in the 12th century, and remained in their possession till the middle of the 15th century.
Suggested Resources
DAX
What does DAX stand for? -- Explore the various meanings for the DAX acronym on the Abbreviations.com website.
Surnames Frequency by Census Records
DAX
According to the U.S. Census Bureau, Dax is ranked #51941 in terms of the most common surnames in America.
The Dax surname appeared 400 times in the 2010 census and if you were to sample 100,000 people in the United States, approximately 0 would have the surname Dax.
88.2% or 353 total occurrences were White.
4.2% or 17 total occurrences were Black.
4.2% or 17 total occurrences were of Hispanic origin.
1.2% or 5 total occurrences were Asian.
Numerology
Chaldean Numerology
The numerical value of dax in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of dax in Pythagorean Numerology is: 2
Examples of dax in a Sentence
Even in Germany's blue-chip index DAX several companies will cut back down to the minimum.
According to our research, almost every one of the (30) DAX companies will be facing big challenges, even under low CO2 price scenarios.
The main speculation now is likely to be around the flavour of any ECB action at Thursday's meeting, european markets have started a new week on the front foot increasingly confident that the ECB will announce a bond buying program. This is being reflected in early trading by new record lows in European yields and fresh all-time highs in the German DAX.
The correction in the DAX was so strong that at some point buyers were poised to come in ... Liquidity is not good, so it doesn't take a lot of buy interest to move the market this way.
Sentiment is bullish, we're long the DAX because America has outperformed hugely, and even though growth there is strong it's already in the price whereas in Germany there's more to come.
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Translations for dax
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"dax." Definitions.net. STANDS4 LLC, 2024. Web. 19 Mar. 2024. <https://www.definitions.net/definition/dax>.
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