Price vs. Performance Index – Comparison of the Czech PX with the DAX 30 and the EuroStoxx 50
Price vs. Performance Index – Comparison of the Czech PX with the DAX 30 and the EuroStoxx 50

Author(s): Svend Reuse, Martin Svoboda
Subject(s): Evaluation research, Financial Markets
Published by: Masarykova univerzita nakladatelství
Keywords: price index; risk; return; correlations; asset allocation;
Summary/Abstract: The Czech PX is – as most of the indices – a price index. Nevertheless, a performance index of the PX is developed as well. This articles analyses risk/return of the PX in comparison to the German DAX 30 and the EuroStoxx 50. Diversification effects as well as the tests onto normal distribution are analyzed.

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