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

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Authors	SVOBODA Martin REUSE Svend
Year of publication	2014
Type	Article in Proceedings
Conference	European Financial Systems 2014. Proceedings of the 11th International Scientific Conference
MU Faculty or unit	Faculty of Economics and Administration
Citation
Field	Economy
Keywords	price index; risk; return; correlations; asset allocation
Description	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. The aim is to give investors concrete hints for the investment in the Czech market.
Related projects:	Analýza a predikce vývoje cen finančních a investičních nástrojů