The Butler Pinkerton Calculator™ recently added data from the Canadian Exchange, and now appraisers can access the German stock index. Jim Catty (Chair of the International Association of Consultants Valuators and Analysts, IACVA) encouraged the addition, indicating that IACVA will soon be updating their instructional materials for Germany (and the U.K. may not be far behind…)
Step 1 of the BPC provides a full description of the new data source: “The Composite DAX, or CDAX, is a performance index of the Deutsche Börse AG, covering some 750 companies listed in the top segments, capital weighted and adjusted for capital changes, subscription rights, and gross dividends without corporate income tax.” In Step 2, appraisers can add the extension of .DE or .F to any entered German stock symbol and pull data from the German Exchange.
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