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NASDAQ 100 Index (IUXX)

QUOTE AND NEWS
Bears Take Control in Final Hour
FX Street  Dec 4  Comment 
The indices finally succumbed late in the session and plunged to losses for the day. But it started much differently. The day started out with a gap up and a strong early surge, but in the first 20 minutes reached their session highs, with the S&P...
A Trader's Guide to Contractions
Centrifugal Deforest  Dec 3  Comment 
A Trader's Guide to Contractions was just posted here at ES. Chinese growth names are behaving quite badly now; coincident with an RS breakdown in Financials (including leader GS), AAPL (which has begun serious distribution of late after...
S&P 500 Sets New 2009 High, But Indices Close Mixed
FX Street  Dec 3  Comment 
The markets had a somewhat volatile session, up sharply in the morning, reached new highs for the year on the S&P 500 but were unable to confirm on the Nasdaq 100. They then rolled over sharply, retested the lows, bounced on two occasions, held...
U.S. stock futures lapse after ADP jobs data
MarketWatch  Dec 2  Comment 
U.S. stock futures fell slightly after the ADP employment report found private-sector firms cut 169,000 cuts in November, the fewest jobs lost since July 2008. Futures for the Dow Jones Industrial Average were off 8 points to 10,453.00. Those for...
Upside Follow Through
FX Street  Dec 2  Comment 
The indices followed through on yesterday's late comeback rally and gapped up strongly early on, backed off and retested the gap successfully, and then came on and rallied strongly into the mid-afternoon before a last 90-minute rollover brought...
Another Positive Session for the Bulls
FX Street  Nov 27  Comment 
The indices on Wednesday extended the previous session's late rally early on with a strong thrust at the get-go in a 5-wave advance that reached up near the 2009 highs on the S&P 500 and quite a few points short on the Nasdaq 100. The rest of the...
Turning The Titannic
Samurai Trader  Nov 24  Comment 
The FOMC minutes are being given credit for the rise in the market after a fairly ugly open, but the market came back up fairly soon after the open, and traded in a painfully narrow range all day. Today was probably the last day we'll see the big...
U.S. stocks advance after home price data
MarketWatch  Nov 24  Comment 
U.S. stocks on Tuesday turned modestly higher after a home price index climbed for a fifth straight month. Nearly flat ahead of the report, futures for the Dow Jones Industrial Average were lately up 13 points to 10,435.00. Futures for the S&P 500...
Stock futures pare early rise after GDP report
MarketWatch  Nov 24  Comment 
U.S. stock futures pared an early Tuesday rise to turn mostly lower after the Commerce Department reported the economy expanded at a 2.8% annualized rate in the third quarter. Futures for the Dow Jones Industrial Average were off 2 points at...
Indices Consolidate Early Surge and Close Strong
FX Street  Nov 24  Comment 
The markets had a very strong start to the week with a huge gap up at the opening and ran very sharply higher early on as shorts got hammered. They tested the highs on the S&P 500, reaching up to 1112, just 1 1/2 points or so from its 2009 peak....
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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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