NQDXBR NASDAQ AlphaDEX Brazil Index

The Index employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ Brazil Index that meet certain criteria. The Index ranks the eligible stocks from the NASDAQ Brazil Index on growth factors including 3-, 6- and 12- month price appreciation, sales to price and one year sales growth, and separately on value factors including book value to price, cash flow to price and return on assets. All stocks are ranked on the sum of ranks for the growth factors and, separately, all stocks are ranked on the sum of ranks for the value factors. A stock must have data for all growth and/or value factors to receive a rank for that style. The Index selects the 50 top scoring stocks. The selected stocks are then split into quintiles based on their selection score. The top ranked quintile receives 5/15 (33%) of the portfolio weight with successive quintiles receiving 4/15 (26.7%), 3/15 (20.0%), 2/15 (13.3%) and 1/15 (6.7%), respectively. Stocks are equally weighted within each quintile.

2,125.86
As of 05/27/2021


Index Information
Provider:     NASDAQ OMX
Category1:  Global Equity
Category2:  Single country
Category3:  Multi-cap
Country:      Brazil
Currency:    USD
Inception date:  05/18/2015
Backtesting data exists:   Yes
Weighting methodology:   Composite scores
Number of holdings:  50

As explained in what is an index, there is no universal system of giving an index a symbol. You can search for indexes using our index symbol lookup.

2022 © Stock Market MBA, Inc. Terms of use | Privacy policy