ATFX Summary: FAANG, which is the abbreviation of five companies: Facebook (Facebook ), Apple (AAPL), Amazon (Amzn), NFLX, and Google (GOOG). Some market insiders also believe that Nvidia's market value is not yet on par with the other four companies. N is replaced by M, that is, Neverbet is replaced by Microsoft (MSFT), forming FAAMG, which is more suitable.
Nasdaq component shares weight
Figure 1, Nasdaq 100 index weight stock ranking - ATFX
top five weight stocks, namely:
Apple, weight 11.138
Microsoft, weight 10.474%
Amazon, 7.84%
Google parent company, 4.182%
Facebook, 4.065%
These five companies happen to be the FAAMG we mentioned earlier. Nefifth's weight is 11th place, accounting for 1.757%. Although it does not account for a high proportion of these five companies, in terms of ranking, it is still at the forefront. The sum of weights of
FAAMG is 37.399, which is nearly 40%. We have reason to believe that the overall trend of these five listed companies determines the trend direction of Nasdaq Index .
FAAMG basic data comparison
Figure 2, basic data - the total market value of ATFX
is one trillion US dollars. Among the five listed companies, the lowest Facebook also has 1.05 trillion US dollars, equivalent to RMB 6.825 trillion. In simple comparison, the stock with the largest total market value in the A-share market is Guizhou Moutai , and its total market value is only 2.06 trillion yuan. Compared with Facebook, the gap is still very large. Apple has the highest market value of
, reaching a scale of 2.46 trillion US dollars. It is also the largest company in the entire US stock market. A year ago, people exclaimed that the market value of Apple exceeded 2 trillion mark. In a blink of an eye, Apple's total market value was about to reach 3 trillion mark. We have to admire the abundant liquidity of the US stock market. Although the total market value of
continues to hit new highs, FAAMG's price-to-earnings ratio is at a low level. Amazon, the highest, is only 59.8 times, far from reaching the level of "bubble", and is even underestimated. Google, which has the lowest P/E ratio, is only 16.88 times, which is significantly undervalued.
stock price trend
Figure 3, Apple stock price html January line -ATFX
only displays Apple's stocks here, because the trends of the other four stocks are similar to them. Of course, the stock price in the figure is a trend after forward re-rights. If re-rights are not re-read, it will be difficult to analyze due to the two splits of (1 splits 7 and 1 splits 4). The most intuitive feeling of
is that Apple's stock price has almost no significant pullback, and the general trend has always been bulls. This is also the reason why the Nasdaq 100 index can maintain a long bull market: high weight is given to high-quality, high-growth technology companies, while low-income stocks are given to extremely low weight, and even delisting.
summary: The Nasdaq 100 index corresponds to the Nasdaq Exchange, and 8% of listed companies on the Nasdaq Exchange will be delisted every year. When metabolism and good money drive out bad money, the so-called "long-lasting" scene will naturally appear. For comparison, the delisting rate of on the Shanghai Stock Exchange on the Shanghai Stock Exchange 0.3% and the delisting rate of on the Shenzhen Stock Exchange on the Shenzhen Stock Exchange 0.1%. Thinking about the trend of the A-share stock index, the answer to the question may become clearer.
*ATFX risk warning and disclaimer*: The market is risky, so be cautious when investing. The above content only represents the view of the analyst and does not constitute any operational advice.
This article is from the Financial Network
