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DAX sell DrMabuse

Start price
9,599.0
28.03.20 / 50%
Target price
€6,500.0
17.04.20
Performance (%)
11.67%
End price
€10,720
17.04.20
Summary
This prediction ended on 17.04.20 with a price of €10,720. The SELL prediction by DrMabuse finished with a performance of 11.67%. DrMabuse has 50% into this prediction

The DAX, or Deutscher Aktienindex, is a stock market index that measures the performance of the 30 largest and most actively traded blue-chip companies listed on the Frankfurt Stock Exchange in Germany. The index was first introduced on July 1, 1988, and has since become one of Europe's most important and widely recognized stock indices.

The DAX was created by the Deutsche Boerse Group, which is the largest German stock exchange and one of the most important exchanges in the world. The index was designed as a benchmark for the performance of the German stock market and continues to be used as an important barometer of the country's economic health.

The companies listed on the DAX are some of Germany's most important and prominent firms, including multinational corporations such as BMW, Siemens, and Deutsche Bank. These firms are leaders in their respective industries and are seen as key drivers of the German economy.

The DAX's importance grew significantly in the 1990s, as Germany emerged as the economic powerhouse of Europe. As German companies continued to expand their operations overseas, the DAX became an increasingly important benchmark for global investors looking to measure the performance of German firms.

Today, the DAX is one of the most widely used benchmarks for the European stock market and is closely followed by financial analysts and investors around the world. The strength and stability of the index are seen as critical to the health of the European economy as a whole.

Performance without dividends (%)
Name 1w 1m 1y 3y
DAX -0.878% -0.878% 12.785% 45.060%
iShares Core DAX® -0.922% -1.078% 12.165% 16.796%
iShares Nasdaq 100 0.371% -0.556% 38.622% 49.370%
iShares Nikkei 225® 2.224% -2.825% 19.015% 4.643%
iShares S&P 500 -0.026% -0.788% 28.485% 42.479%

Comments by DrMabuse for this prediction

In the thread DAX diskutieren
Prediction Sell
Perf. (%) 11.67%
Target price 6500.000
Change
Ends at 17.04.20

Sell mit Kursziel 6.500,0

Langfristig gesehen hast du natürlich recht, irgendwann wird der Dax wieder neue Höchststände erreichen. Sell-Einschätzungen sind aber immer nur kurzfristig und kurz- bzw. mittelfristig sehe ich den Dax eher bei 6500 als bei 12000 Punkten. Die finale Ausverkaufswelle steht uns noch bevor und die fällt in der Regel immer am heftigsten aus. Man kann natürlich jetzt schon bei einigen Unternehmen kleine Positionen aufbauen, aber ich glaube, dass es noch bessere Einstiegskurse geben wird. Ich würde mein Pulver noch trocken halten, in der Finanzkrise hatten wir das Tief erst 2009 erreicht. Die Pandemie fängt in den USA erst jetzt richtig an und die Q1- und Q2-Zahlen werden grottenschlecht sein.

In the thread Trading DAX
Prediction Sell
Perf. (%) 11.67%
Target price 6500.000
Change
Ends at 17.04.20

Sell beendet