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VDAX
The VDAX-NEW Index expresses the variation margin – the implied volatility – of the DAX anticipated on the derivatives market. The VDAX indicates in percentage points the volatility to be expected in the next 30 days for the DAX. The basis for the calculation of this index is provided by the DAX option contracts. It is analogous to the VIX implied volatility index on the S&P 500. See also *DAX *MDAX *SDAX *TecDAX The TecDAX stock index tracks the performance of the 30 largest German companies from the technology sector. In terms of order book turnover and market capitalization the companies rank below those included in the DAX. The TecDax was introduced ... External linksVDAX-NEW German stock market indices ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Implied Volatility
In financial mathematics, the implied volatility (IV) of an option contract is that value of the volatility of the underlying instrument which, when input in an option pricing model (such as Black–Scholes), will return a theoretical value equal to the current market price of said option. A non-option financial instrument that has embedded optionality, such as an interest rate cap, can also have an implied volatility. Implied volatility, a forward-looking and subjective measure, differs from historical volatility because the latter is calculated from known past returns of a security. To understand where implied volatility stands in terms of the underlying, implied volatility rank is used to understand its implied volatility from a one-year high and low IV. Motivation An option pricing model, such as Black–Scholes, uses a variety of inputs to derive a theoretical value for an option. Inputs to pricing models vary depending on the type of option being priced and the pricing m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Derivatives Market
The derivatives market is the financial market for derivatives, financial instruments like futures contracts or options, which are derived from other forms of assets. The market can be divided into two, that for exchange-traded derivatives and that for over-the-counter derivatives. The legal nature of these products is very different, as well as the way they are traded, though many market participants are active in both. The derivatives market in Europe has a notional amount of €660 trillion. Participants in a derivative market Participants in a derivative market can be segregated into four sets based on their trading motives. * Hedgers * Speculators * Margin Traders * Arbitrageurs Types of trades in a derivative market * Directional Trades * Spreads * Arbitrage positions * Hedged Trades Futures markets Futures exchanges, such as Euronext.liffe and the Chicago Mercantile Exchange, trade in standardized derivative contracts. These are options contracts,swaps c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
S&P 500
The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 large companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices. As of December 31, 2020, more than $5.4 trillion was invested in assets tied to the performance of the index. The S&P 500 index is a free-float weighted/capitalization-weighted index. As of August 31, 2022, the nine largest companies on the list of S&P 500 companies accounted for 27.8% of the market capitalization of the index and were, in order of highest to lowest weighting: Apple, Microsoft, Alphabet (including both class A & C shares), Amazon.com, Tesla, Berkshire Hathaway, UnitedHealth Group, Johnson & Johnson and ExxonMobil. The components that have increased their dividends in 25 consecutive years are known as the S&P 500 Dividend Aristocrats. The index is one of the factors in computation of the Conference Board Leading Economic Index ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MDAX
The MDAX is a stock index which lists German companies trading on the Frankfurt Stock Exchange. The index is calculated by Deutsche Börse. Until 2021 included the 60 Prime Standard shares from sectors that rank immediately below (in value of market capitalization) the originally 30 companies included in the DAX index; in 2021, the number of constituents in the MDAX shrank to 50 from 60.Tom Sims and Hakan Ersen (September 4, 2021)Porsche, Puma to join Germany's DAX as index expands''Reuters''. The company size is based on terms of order book volume and market capitalization. The index is based on prices generated in the electronic trading system Xetra (trading system), Xetra. Companies The following 60 companies make up the index as of the quarterly review effective on 10 September 2020. : Source: :de:MDAX. See also * DAX * SDAX * TecDAX * ÖkoDAX References {{reflist External linksMDAX German stock market indices Companies listed on the Frankfurt Stock Exchange, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SDAX
The SDAX (German abbreviation for ''Small-Cap-deutsche Aktienindex'') is a stock market index composed of 70 small and medium-sized companies in Germany. These so-called ' small caps' rank directly below the MDAX (mid-cap) shares in terms of order book volume and market capitalization. They are thus the 91st–160th largest publicly traded companies in Germany. The index is based on prices generated in the electronic trading system Xetra. Companies 70 companies make up the index as of the quarterly review effective on 10 September 2020. See also *DAX * MDAX *TecDAX *ÖkoDAX ÖkoDAX is a German stock market index which includes ten companies in the renewable energy sector. It was introduced on 4 June 2007. The constituting companies and their weightings are reviewed quarterly (March, June, September and December). Th ... References External links SDAX [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TecDAX
The TecDAX stock index tracks the performance of the 30 largest German companies from the technology sector. In terms of order book turnover and market capitalization the companies rank below those included in the DAX. The TecDax was introduced on 24 March 2003. It succeeded the NEMAX50 (''Neuer Markt'' — new market) stock index of German new economy companies that existed from 1997 to 2003 and was discontinued after extreme value loss due to the burst of the dot-com bubble. TecDAX is based on prices generated in Xetra. The index is calculated on every trading day, between 9am and 5.30pm CET . In 2018, the TecDAX had an average performance of 23,3 % in five years, outpacing even the NASDAQ. Companies The following 30 companies make up the index as of the quarterly review effective February 2021. *1&1 Drillisch *Aixtron *Bechtle * Cancom AG *Carl Zeiss Meditec * CompuGroup Medical SE *Deutsche Telekom *Dräger (company) * Eckert & Ziegler Strahlen- und Medizintechnik AG ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
