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NASDAQ 100 Index (IUXX)

QUOTE AND NEWS
Positive Economic News Bolsters Markets
FX Street  Nov 6  Comment 
It was a very strong rally from the get-go today. With positive economic news, the market gapped up and ran hard in the morning, and settled into a multi-hour consolidation that lasted for the rest of the session on the Nasdaq 100. But the S&P 500...
U.S. stock futures add to advance after data
MarketWatch  Nov 5  Comment 
U.S. stock futures extended early Thursday gains after economic data shed a positive light on the jobs front and the country's economic growth. Futures for the Dow Jones Industrial Average gained 31 points to 9,816.00. Futures for the S&P 500...
Mixed Close as Dow Edges Lower
FX Street  Nov 4  Comment 
The indices ended mixed at the end - but it was a pretty interesting day. There was a lot of back and forth vacillation and volatility in the morning, but they failed to break them down below 1660 NDX and 1035 SPX. By late morning they started a...
Choppy Session Ends Positive
FX Street  Nov 3  Comment 
The indices ended to the plus side, but it was very choppy. The day started out with a down move and then an immediate reversal. When the Nasdaq 100 made new lows and the S&P 500 didn't, that caused a positive divergence. They then snapped back...
Nasty Slide Ends the Week
FX Street  Nov 2  Comment 
The indices suffered a nasty slide to end the week. After some early morning vacillation they rolled over hard around 10:30 and just kept going. By mid-afternoon they reached 1665 NDX and 1035 SPX. Over the course of the last couple hours they...
U.S. stock futures stay lower after income data
MarketWatch  Oct 30  Comment 
U.S. stock futures remained lower on Friday after the government said personal spending fell 0.5% in September while income held flat. Futures for the Dow Jones Industrial Average were down 31 points at 9,872. Those for the S&P 500 declined 3.8...
SOX Off: The Tech Leader Flashing Yellow?
Wall Street Journal  Oct 29  Comment 
The Philly Semiconductor index, often watched as a leader for the broader markets, seems to be confirming the rally has topped out, one technician writes.
Nasty Downside Follow-Through
FX Street  Oct 29  Comment 
The markets had a nasty follow-through to yesterday's down session, and basically spent the entire day stair-stepping lower, closing very close to the lows for the day. Net on the day the Dow was down 119.48 to 9762.69, the S&P 500 down 20.78 at...
U.S. stock futures slip more after durable goods
MarketWatch  Oct 28  Comment 
U.S. stock futures lightly added to early losses on Wednesday after the government reported a 1% rise in orders for U.S. durable goods in September. Falling another 10 points after the economic report, futures for the Dow Jones Industrial Average...
Late Morning Rollover!
FX Street  Oct 27  Comment 
The indices started the week on a negative note, but it sure was different in the morning. The day started out with a sharp move up, testing the highs on the Nasdaq 100, forming a triple top of sorts there, but couldn't punch through. The S&P 500...
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more ▼WIKI ANALYSIS
 This article describes an index that measures the performance of an exchange, industry or a geographic region. View articles referencing this index.
 
TOP CONTRIBUTORS
Sr. Director
Advait Pandey


The Nasdaq 100 Index is a modified capitalization-weighted index designed to track the performance of a market consisting of the 100 largest and actively traded non-financial domestic and international securities listed on the Nasdaq exchange. Also called the NDX, this is one of the few indices in the United States which have foreign companies with stocks issued on the exchange, as constituents.

Calculations and Weighting

The NASDAQ 100 index is structured as a hybrid between equal weighting and capitalization weighting. It is similar to a general market cap with one main difference: the largest stocks are capped to a percent of the weight of the total stock index and the excess weight will be redistributed equally amongst the stocks under that cap. Unfortunately, due to changes in stock prices, constant updating for the NASDAQ 100 is required. The market capitalization for each stock used in the calculation of the index is redefined so that each index constituent has an equal weight in the index at each re-balancing date.

Thus, the basic formula used for the index calculations is:

  • Adjusted Market Value= Price of shares*Number of shares outstanding * Free float factor * Adjusting Weight Factor

The Adjusting Weight factor of a stock is assigned to the stock at each re-balancing date, which makes the stock value for each stock equal. For index component, the value would be: [1]:

  • Factor = Index specific constant "Z" * user defined weight of the stock/(Adjusted market value before re-balancing)

Contents

For more information on how stock indices are calculated, go to how stock indices work.

Composition

Eligibility

  • To be included in the Index, a stock must have a minimum average daily trading volume of 100,000 shares. *Generally, companies on the Index also must have traded on Nasdaq, or been listed on another major exchange, for at least two years.[2].
  • The company has to be incorporated within the United States for atleast 2 years.

List of companies

The List of stocks on the NASDAQ 100 as of 22 October 2008[3]

  1. Activision Blizzard (ATVI)
  2. Adobe Systems (ADBE)
  3. Akamai Technologies (AKAM)
  4. Altera (ALTR)
  5. Amazon.com (AMZN)
  6. Amgen (AMGN)
  7. Amylin Pharmaceuticals (AMLN)
  8. Apollo Group (APOL)
  9. Apple (AAPL)
  10. Applied Materials (AMAT)
  11. Autodesk (ADSK)
  12. Baidu.com (BIDU)
  13. Bed Bath & Beyond (BBBY)
  14. Biogen Idec (BIIB)
  15. Broadcom (BRCM)
  16. C.H. Robinson Worldwide (CHRW)
  17. CA (CA)
  18. Cadence Design Systems (CDNS)
  19. Celgene (CELG)
  20. Cephalon (CEPH)
  21. Check Point Software Technologies (CHKP)
  22. Cintas (CTAS)
  23. Cisco Systems (CSCO)
  24. Citrix Systems (CTXS)
  25. Cognizant Technology Solutions (CTSH)
  26. Comcast (CMCSA)
  27. Costco Wholesale (COST)
  28. Dell (DELL)
  29. DENTSPLY International (XRAY)
  30. Discovery Holding Co (DISCA)
  31. EchoStar Communications (DISH)
  32. EBay (EBAY)
  33. Electronic Arts (ERTS)
  34. Expedia (EXPE)
  35. Expeditors International of Washington (EXPD)
  36. Express Scripts (ESRX)
  37. Fastenal Company (FAST)
  38. Fiserv (FISV)
  39. Flextronics International (FLEX)
  40. FLIR Systems (FLIR)
  41. Focus Media Holding (FMCN)
  42. Foster Wheeler (FWLT)
  43. Garmin (GRMN)
  44. Genzyme (GENZ)
  45. Gilead Sciences (GILD)
  46. Google (GOOG)
  47. Hansen Natural (HANS)
  48. Henry Schein (HSIC)
  49. Hologic (HOLX)
  50. IAC - InterActiveCorp (IACI)
  51. Infosys Technologies (INFY)
  52. Intel (INTC)
  53. Intuit (INTU)
  54. Intuitive Surgical (ISRG)
  55. Joy Global (JOYG)
  56. Juniper Networks (JNPR)
  57. KLA-Tencor (KLAC)
  58. Lam Research (LRCX)
  59. Lamar Advertising Company (LAMR)
  60. Leap Wireless International (LEAP)
  61. Level 3 Communications (LVLT)
  62. Liberty Global (LBTYK)
  63. Liberty Media (LINTA)
  64. Linear Technology (LLTC)
  65. Logitech International S.A. (LOGI)
  66. Marvell Technology Group (MRVL)
  67. Microchip Technology (MCHP)
  68. Microsoft (MSFT)
  69. Millicom International Cellular S.A. (MICC)
  70. Monster Worldwide (MNST)
  71. Network Appliance (NTAP)
  72. NII Holdings (NIHD)
  73. NVIDIA (NVDA)
  74. Oracle (ORCL)
  75. PACCAR (PCAR)
  76. Patterson Companies (PDCO)
  77. Paychex (PAYX)
  78. PETsMART (PETM)
  79. QUALCOMM (QCOM)
  80. Research in Motion (RIMM)
  81. Ryanair Holdings (RYAAY)
  82. SanDisk (SNDK)
  83. Sears Holdings (SHLD)
  84. Sigma-Aldrich (SIAL)
  85. Sirius Satellite Radio (SIRI)
  86. Staples (SPLS)
  87. Starbucks (SBUX)
  88. Steel Dynamics (STLD)
  89. Stericycle (SRCL)
  90. Sun Microsystems (JAVA)
  91. Symantec (SYMC)
  92. Teva Pharmaceutical Industries (TEVA)
  93. The DirecTV Group (DTV)
  94. VeriSign (VRSN)
  95. Vertex Pharmaceuticals (VRTX)
  96. Virgin Media (VMED)
  97. Whole Foods Market (WFMI)
  98. Wynn Resorts (WYNN)
  99. Xilinx (XLNX)
  100. Yahoo! (YHOO)

Foreign companies on the NDX

  • Infosys Technologies
  • Teva Pharmaceuticals
  • Check point Software Technolgies
  • Ryanair Holdings
  • Flextronics
  • Millicom International Cellular
  • Research in Motion
  • Flextronics International
  • Logitech International S.A.
  • Foster Wheeler
  • Marvell Technology Group
  • Baidu.com
  • Garmin Limited

References

  1. ↑ Calculating Modified Market Capitalized index
  2. ↑ SEC Market Indices Page
  3. ↑ NASDAQ 100 Index
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