Hallerbach, Winfried; Spronk, Jaap; Hundack, C.; … - Erasmus Research Institute of Management (ERIM), … - 2002
We present an analysis of the performance of the DAX, German's major stock market index, over the last two years. Our … the DAX. We estimate the distribution of performance values of all feasible portfolios according to different performance … of the dynamics of the market over time by following the dispersion of the performance distributions over time. …