Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

iTechGuides is reader-supported. When you buy through links on our site, we may earn an affiliate commission. As an Amazon Associate I earn from qualifying purchases. Learn more

To read a DAX daily percentage, compare the current DAX level with the previous official session close: ((current level − previous close) ÷ previous close) × 100. A quoted DAX is usually the performance index, which assumes dividends and bonus payments are reinvested. Before interpreting any number, check the index variant, timestamp, reference close and whether the quote is an intraday tick or a completed session return.

What the DAX daily percentage change measures

The daily percentage tells you how far the DAX level has moved relative to the previous trading session’s close. It is a relative change, not a count of index points and not automatically the return earned by an individual investor.

Use this calculation:

Daily change (%) = ((Current DAX level − Previous close) ÷ Previous close) × 100

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

For example, if the previous close was 18,000 and the displayed DAX level is 18,360:

#1 Best Overall
Sale
Compressed Air Duster,130000RPM Super Power Cordless Air Duster,Rechargeable Brushless Blower,3 Gear Adjustable Blower with LED Light,Dust Remover for Computer/House/Outdoor/Car
  • Powerful Turbo Fan:CAGIWIRU Electric Air Duster have reached speed up to 130000RPM,Can efficient remove dust and debris.With LED light and Three Adjustable Speed to meet with different cleaning tasks.
  • With Attached USB C Fasting Charging cable.Charing 3 hours,Enjoy up to 240 minutes of use on the lowest setting, For third speed can use for 25mins.with four charging options to meet with your needs.
  • Wide Application: attached 5 different nozzles,making it suitable for a variety of scenes, such as car,pet, pc, keyboards, and other electronic devices. It also serves for office and home clean duster.
  • Handy Design & Portable:Cordless air duster electric nozzle is Light weight and small size, design and comfortable to hold and space saving, convenient to carry around. You can put it in your room or inside the car without taking up space.
  • Economical &Reusable: Built durable materials with a long-lasting battery,our CAGIWIRU air duster it's a sustainable alternative to disposable air cans.

((18,360 − 18,000) ÷ 18,000) × 100 = 2.0%

The index is therefore up 2.0% compared with the previous close. If the current level were 17,640, the result would be ((17,640 − 18,000) ÷ 18,000) × 100 = −2.0%, meaning the index is down 2.0%.

Market screens may label the same calculation “change,” “% change,” “since previous close” or “daily performance.” Confirm the wording. A number beside a live quote can change every second and is an intraday change, not a final daily return. A completed daily return requires the official session close as the current value.

Identify which DAX series you are reading

“The DAX” is not one universal calculation. Deutsche Börse publishes performance, price and net-return variants. Two charts can show different percentage histories while both are correctly labelled DAX if they use different variants.

Free tools Windows power users keep installed

One-click scans. No signup required.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
Variant What it represents What happens to dividends and other income Use it for
Performance index Share-price movement plus specified income assumed to remain invested in the index portfolio Dividend and bonus income is reinvested The commonly quoted benchmark and total-return-style comparisons
Price index Price performance of the constituent shares Does not add ordinary dividend income; it applies the index’s specified adjustments for rights and special distributions Analysing share-price movement without reinvested ordinary dividends
Net-return index Performance after an assumed deduction for withholding tax Dividends are reinvested after the methodology’s tax assumption Comparisons that require a tax-adjusted reinvestment convention

The performance index can rise more than a price index over a long period because reinvested distributions compound. That does not mean the underlying shares had a higher cash price return. Before comparing charts, record the exact label used by the data provider, including “performance,” “price” or “net return.”

Net-return calculations use methodology assumptions rather than the personal tax position of every investor. A fund domiciled in another country, an individual account and a tax-exempt institution can all experience different withholding outcomes.

What the DAX represents

The DAX tracks 40 of the largest and highest-turnover German stocks, selected and weighted using market-capitalisation rules. Deutsche Börse has calculated the benchmark since 1 July 1988. The provider says the index represents approximately 80% of the market capitalisation of listed stock corporations in Germany and approximately 90% of stock-market turnover in German shares.

Rank #2
EVEO® Screen Cleaner Spray Kit (Streak-Free) TV Screen Cleaner for Smart TV, Lcd, LEd, Oled | Computer Screen Cleaner Spray and Wipe Microfiber Cloth - TV, Monitor, Laptop, iPad, Car - 6.7oz 1 Pack
  • Screen Cleaner is Your Screen’s New Bestfriend! - EVEO is proud to present a screen cleaner that’s perfectly suited for your TV. Meet your new screen cleaner, computer screen cleaner, laptop cleaner, iPad cleaner, Macbook,tv cleaner or any other electronic device. Our screen cleaner spray and wipe along with the included plush microfiber cloth, easily removes dust, fingerprints & other smudges on the screen’s surface. Clean effectively for a streak-free screen
  • Gentle on your Screens - Our screen cleaner spray and wipes is compatible to be used even for the most sensitive LCD, LED, CRT, and OLED screens in proper use. Be at ease knowing that this product is compatible with all the major brands: LG, SONY, Samsung, Sharp, iPad, iPhone, Android screens, Kindle, PC monitors - we’ve got you covered! Can be used as LCD screen cleaner, tv cleaner, smart tv screen cleaner, and more
  • Premium Super Soft Plush Microfiber Cloth - Included in this efficient screen cleaning kit. This screen cleaner spray and wipe has our signature plush microfiber cloth specially designed to comply with screens and monitors and leave them streak-free. Has been shown to effectively absorbs stubborn stains, zero streaks, and no fiber shedding. Always use this together with our screen cleaner for the best results
  • Easy-to-Use Screen Cleaner Kit + microfiber cleaning cloth - The EVEO Screen Cleaning Kit will easily be your new favorite tool when it comes to taking care of the things you love most, quick and easy solution for a streak-free screen. Simply screw on the sprayer gun on the screen cleaner bottle. Spray the cleaning liquid onto the microfiber cloth, then wipe the screen until desired cleanliness & shine is achieved.
  • Quality Screen Care Kit Worth Purchasing - Enjoy a convenient Screen Cleaner anytime, anywhere you need it. Your satisfaction is our top priority. We stand behind the quality of our products and that’s why, you shouldn’t be worrying at all. We manufacture the Best Screen Cleaner. and can be used for laptop cleaning kit, laptop screen cleaner, tv screen cleaner for smart tv. MacBook screen cleaner, monitor cleaner or screen cleaner spray for electronic devices with microfiber cleaning cloth

Those coverage figures describe the benchmark’s representation of the German listed-equity market; they do not mean every German company is included or that every investor holds the same companies. Constituents can change as eligibility and ranking rules are applied, so a historical DAX result is not a fixed basket of today’s 40 names.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

The index is derived from prices traded on Xetra. Its level is an index-point value, not a euro price for a share and not the value of a portfolio you can buy directly.

Why some German shares move the DAX more than others

DAX-family indices are weighted by free-float market capitalisation. In practical terms, a company’s influence depends on the market value of the shares available for public trading, after applying the relevant free-float factor. A company with a large eligible free-float value receives a larger index weight than a smaller company.

As a result, a 1% move in a high-weight constituent can affect the DAX more than a 1% move in a low-weight constituent. The DAX can rise while many smaller constituents fall if a few heavily weighted shares gain enough to outweigh them. Conversely, a sharp decline in a large constituent can pull the index down even when most members are little changed.

The calculation follows a Laspeyres-style index formula. It uses constituent prices, free-float factors, share quantities, adjustment factors and a chaining factor. Corporate actions and changes in the basket are handled through adjustment mechanisms so that an event such as a replacement or a split does not create a meaningless jump solely because the index was reconstituted.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Do not interpret the DAX percentage as the arithmetic average of the 40 individual stock percentages. It is a weighted result, and the weights can change when shares, free-float eligibility or index composition changes.

Rank #3
Sale
BladeHawks RGB Gaming Mouse Pad Extra Large Extended 31.5x12 Inch-Black | LED mouse pad with 14 lighting modes, covers keyboard & mouse, anti-slip rubber base, waterproof surface, USB powered
  • 【Large size】:Measuring 800 x 300 mm/ 31. 5×12 inches, which is wider and taller than others. Large mouse pad can perfectly fit your keyboard and mouse of any size, and there is also ample space for peripherals such as phones, tablets, etc.
  • 【LED backlight mouse pad】:Blade Hawks RGB mouse pad provides 7 static modes and 7 dynamic modes will give you the options you are looking for. Power-off memory function remembers the last lighting mode you selected. The super glow fiber Chroma will give you a colorful gaming setup that you want.
  • 【Anti-slip rubber base】:Made from Natural rubber, this gaming mousepad will firmly grip your desktop, allowing you to enjoy the ultimate precision in the games you are most passionate about. It also comes with a texture that enhances this ability even further.
  • 【Smooth and waterproof surface】: Micro-textured cloth surface, for extremely precise mouse control and a smooth movement. When liquid splashes on the gaming mouse pad, it forms water droplets and slides down. Will not delay your work or gameplay.
  • 【Plug and play】: This mouse and keyboard pad is powered by USB, plug and play, no driver required. One button control light modes. Press one time to change the lighting mode, press twice to change the brightness, press and hold about 3 seconds turn ON/OFF.

When a DAX quote is calculated

Deutsche Börse states that the DAX is calculated and updated every second from Xetra prices during the session. The official calculation begins when opening prices for all components are available, or by 09:06 at the latest. The last DAX tick is disseminated at 18:00, according to the current explainer.

  • Before the first valid calculation: a provider may show the previous close, an indicative value or no current percentage.
  • During the session: every new eligible price can change the index level and the “since previous close” percentage.
  • At the final dissemination: the last official tick provides the session reference used for a completed daily comparison.

Check the timestamp and exchange calendar when reading a quote. A weekend, holiday or shortened session can make the previous available close differ from the date you expected. A delayed data feed can also display an older level while another service shows a newer one.

How to read a DAX display step by step

  1. Read the full instrument name. Look for DAX performance index, DAX price index or a net-return designation. If the screen only says “DAX,” verify the provider’s definition before making a long-term comparison.
  2. Record the timestamp. Note the date, time and whether prices are real time, delayed or end of day. A live timestamp indicates a changing intraday observation.
  3. Find the reference value. For a daily percentage, identify the previous official session close. Do not substitute yesterday’s level if yesterday was a market holiday or if the display is comparing with a different period.
  4. Check the time basis. Distinguish “since previous close” from today’s opening move, week-to-date, month-to-date and year-to-date. These use different starting values.
  5. Read both points and percentage. The point change is current level minus previous close. The percentage divides that point change by the previous close, so the same number of points produces different percentages at different index levels.
  6. Recalculate when the number matters. Apply ((current − previous close) ÷ previous close) × 100 and allow for the provider’s rounding. A display rounded to two decimals can differ slightly from your calculation using rounded index points.
  7. Decide whether you need a benchmark or an investable return. For a fund or ETF, retrieve its own price, total-return data, fees, distribution policy, currency and trading time rather than copying the DAX percentage.

Comparing two DAX readings without mixing unlike numbers

Before saying that one DAX result is “better” or “worse,” align the comparison across the following dimensions.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
Comparison axis Questions to answer Why it changes the interpretation
Variant Performance, price or net return? Reinvested income and tax assumptions alter the level and long-term return.
Time basis Intraday tick, official session close, week-to-date or year-to-date? Each uses a different endpoint and reference value.
Reference value Previous close or a chosen earlier date? A daily percentage cannot be compared directly with a return measured from another starting date.
Currency and instrument Index points, an ETF price or a derivative quote; euros or another currency? Currency conversion and product pricing can add gains or losses unrelated to the index level.
Return basis Raw index movement or investor result after fees, taxes, distributions and tracking difference? An investable product rarely reproduces the headline index percentage exactly.

For example, a performance-index chart and a price-index chart should not be overlaid and described as if they measured the same return. Likewise, comparing a live DAX percentage with an ETF’s closing percentage can mix different timestamps.

Why your German shares may not match the DAX

Different constituent weights

Your portfolio may own companies that have small DAX weights or are not constituents at all. Their individual moves can differ substantially from the weighted benchmark.

Dividends and distributions

A performance DAX assumes dividend and bonus income is reinvested. A price-only share quote, a price index and a fund that pays cash distributions do not present that income in the same way or on the same date.

Rank #4
Sale
Vaydeer Wrist Rest for Keyboard and Mouse, Computer Ergonomic Wrist Support Pad, Soft Memory Foam Arm Cushion for Desk, Palm Hand Office Laptop Typing
  • 【Softer and More Comfortable】Vaydeer wrist rest has unique diamond pattern, which is the combination of softness and aesthetics. The materials of wrist rest are improved into higher quality memory foam and covered with silky smooth lycra. The computer wrist rest makes you as comfortable and cushiony as like rest your wrists on clouds.
  • 【Ergonomic Wrist Saver】The wrist rests for keyboard and mouse comes with a 17.32×3.15×0.83 inch keyboard wrist pad and a 5.94×3.15×0.83 inch mouse wrist support. Based on ergonomic design, the unique concave shape is the perfect fit for your wrist joints. The wrist rest pad fits most computer keyboards and laptops, improve hand and wrist posture, release your wrist and arm stress.
  • 【Non-Slip Rubber Bottom】Featuring an anti-skid silicone base on the bottom, this wrist keyboard support stays firmly in place on your desk, preventing the padding from sliding around, ensuring stable and consistent wrist support during extended computer sessions.
  • 【Better Experience & Pain Relief】Our keyboard arm rest is beneficial to alleviate the soreness caused by direct contact and friction between your arm and a hard desk surface, reducing the risk of wrist fatigue or carpal tunnel. The soft texture of memory foam can evenly distribute the pressure around your wrists and provide good support with just enough give.
  • 【Helpful in Multiple Scenarios】Whether you're working, studying, writing, typing, gaming, this keyboard and mouse rest combo is an essential accessory to add comfort and support to your hands and wrists. It’s also a great gift for men, women, family, friend, coworker, gamer, teacher, etc.

Fees and tracking difference

An index-linked fund deducts management and operating costs. Trading expenses, sampling, cash holdings and rebalancing can create tracking difference, so the fund’s net return can be below or occasionally above the index over a particular interval.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Taxes

The DAX’s net-return variant uses a stated withholding-tax assumption. Your account may face different withholding, reclaim or capital-gains treatment. A personal after-tax return therefore cannot be inferred from a headline DAX figure.

Currency

The DAX is quoted in index points associated with the German market. If you measure an investment in a different currency, exchange-rate movements affect your result even when the index itself is unchanged.

Trading timing

An ETF trades continuously and has its own bid and ask prices. Its last trade may occur before or after the index’s final dissemination, and spreads can widen during volatile periods. A purchase made at a different time will not receive the session’s closing level.

Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

Worked reading examples

Positive intraday move

The previous official close is 18,000 and the live DAX is 18,360 at 14:30. The display should show approximately +2.00% since the previous close. Because the quote is still moving, call this an intraday gain, not the final daily return.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Negative move from a higher base

If the previous close is 20,000 and the current level is 19,600, the point change is −400 and the percentage is −2.00%. The sign comes from the direction of the difference; the denominator is always the selected reference close.

Best Value
Sale
Under Desk Cable Management Tray No Drill, Metal Mesh Cable Management Under Desk with Clamp Mount, 2 Hole Cable Tray with Wire Management and Cord Organizer for Home Office Standing Desk
  • 【No Drill Mounted】Cable management tray can be assembled in as little as 3 minutes or less-simply. Side clips easily clampe the edge of desk, pass through the holes on the sides, and secure excess cables with baskets. Desk cable management supports inward or outward installation to meet your needs in different scenarios, and provides you with great convenience when collecting and organizing wires.
  • 【Rubber Pad Protects Desk】Wire organizer under desk built-in soft rubber pads on the clamp protect your desk from scratches, so you will not damage your furniture or office.
  • 【Sturdy and Beautiful】Cord management under desk is made of high-quality carbon steel and holds about 15 lbs. The wire basket has 2 holes on each side of the tray to enable your cables to pass freely. Cable baskets are suitable for desk thickness use from 0.4" to 2.4".
  • 【Space Saving & Keep Organized】Desk cable management tray holds all your power cords, outlet strips, USB hubs and computer transformers hidden from your feet, and the data cables will not enter the vacuum cleaner to keep your desk clean and tidy. Desk wire organizer is also suitable for use in the kitchen and outdoors.
  • 【Reduce Safety Risks】Cable tray under desk keeps all plugs away from your kids, no more worry about tripping. Using 2 holes wire tray saves extra space, helps you easily cabling and wire protection. The mesh design is not easy to accumulate dust, but avoids safety accidents caused by messy wires.

Same points, different percentages

A 360-point rise from 18,000 equals 2.00%, while a 360-point rise from 12,000 equals 3.00%. Point changes alone are not comparable across periods with different index levels.

Index up while a portfolio is down

Suppose high-weight constituents rise and lift the DAX, while the smaller companies held in your account fall. The benchmark can show a positive percentage at the same time as your portfolio shows a loss. That is a difference in exposure, not necessarily an error in either number.

How to interpret an unusually large daily move

A large percentage should first be checked for definition and timing. Confirm that the display uses the same performance or price variant as your comparison, that the reference is the previous official close and that the quote is not an early indicative value or a stale feed.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Deutsche Börse records the DAX’s largest daily gain as 11.40% on 3 October 2008. That historical figure is a completed daily move, not a normal expectation for an intraday quote. An extreme result can reflect broad market repricing, but the percentage alone does not identify the cause; consult contemporaneous market reporting if you need an event explanation.

Common reading mistakes and fixes

  • Calling an intraday number the final return: label it “since previous close” until the official session close is available.
  • Assuming “DAX” always means price return: verify whether the provider uses the performance index, which is generally the commonly quoted series.
  • Comparing points instead of percentages: divide by the correct reference close.
  • Treating the 40 constituents as equally weighted: use free-float market-capitalisation weighting when explaining the index’s movement.
  • Using the DAX percentage as an ETF return: subtract or otherwise account for fees, tracking difference, taxes, distributions, currency and execution timing.
  • Ignoring data delays: compare timestamps and feed status before concluding that two services disagree.
  • Comparing unlike variants: put performance, price and net-return labels side by side before drawing a trend conclusion.

A compact checklist for any DAX percentage

  • Which series is it: performance, price or net return?
  • What is the timestamp and is the feed live, delayed or end of day?
  • Is the percentage measured from the previous official close?
  • Is the displayed value an intraday tick or a completed session close?
  • Are you looking at index points or an investable product’s traded price?
  • Could constituent weights, dividends, fees, taxes, currency or trading timing explain a difference?

Once those checks are complete, the number has a precise meaning: the percentage change of the named DAX series from its stated reference value. It remains a benchmark statistic, while the return in an individual account depends on the instrument and circumstances used to obtain exposure.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.