MDAX Meaning and
Definition
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MDAX is an acronym that stands for Mid-Cap DAX, which is a German stock market index. It is a performance index composed of 60 medium-sized German companies listed on the Frankfurt Stock Exchange. MDAX is considered as the next tier index after the DAX, which comprises the 30 largest and most liquid companies in Germany.
The MDAX includes companies from various sectors, such as industry, technology, consumer goods, and healthcare. It serves as a benchmark for mid-cap stocks and provides investors with an indication of the overall performance and sentiment of mid-sized German companies.
The selection of companies for the MDAX is based on certain criteria, including market capitalization, trading volume, and free float. It is regularly reviewed and adjusted to ensure it accurately reflects the mid-cap segment of the German stock market. The index is calculated in real time and follows the performance of the included stocks.
MDAX is widely followed and used as a reference by investors, analysts, and fund managers. It provides a valuable tool for comparison and evaluation of mid-cap investments within the German market. The index also offers investment opportunities for those seeking exposure to mid-sized companies beyond the larger DAX companies.
Common Misspellings for MDAX
- mdxax
- mdcax
- mfdax
- mdfax
- mrdax
- mdrax
- mdeax
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- mdazx
- mdwax
- mdawx
- mdqax
- mdaqx
- mdaxz
- mmdax
- mddax
- mdaax
- mdaxx
- md ax
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