Cryptocurrency Q&A What does NDX mean in stocks?

What does NDX mean in stocks?

Ilaria Ilaria Sat Nov 23 2024 | 7 answers 1078
I'm trying to understand the stock market terminology, and I came across the term NDX. I'm wondering what does NDX specifically mean in the context of stocks? What does NDX mean in stocks?

7 answers

CryptoBaron CryptoBaron Mon Nov 25 2024
Precisely, the index is made up of 100 such companies, reflecting their prominence and market capitalization.

Was this helpful?

240
68
noah_harrison_philosopher noah_harrison_philosopher Mon Nov 25 2024
As a modified capitalization-weighted index, the Nasdaq-100 takes into account the market cap of each constituent company.

Was this helpful?

88
25
isabella_doe_socialworker isabella_doe_socialworker Mon Nov 25 2024
The Nasdaq-100, denoted as ^NDX, represents a significant benchmark in the stock market.

Was this helpful?

107
55
noah_wright_author noah_wright_author Mon Nov 25 2024
The weighting is adjusted to ensure a balanced representation of the largest and most influential stocks.

Was this helpful?

293
29
SsangyongSpirited SsangyongSpirited Mon Nov 25 2024
It comprises equity securities issued by the largest non-financial companies listed on the Nasdaq stock exchange.

Was this helpful?

222
37
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts