NDAQ
Nasdaq, Inc. Financial Services - Financial Data & Stock Exchanges Investor Relations → Deep dive →
Nasdaq, Inc. (NDAQ) closed at $94.19 as of 2026-07-31, trading 35.2% above its 200-week moving average of $69.67. The stock moved further from the line this week, up from 32.6% last week. The 14-week RSI sits at 56, indicating neutral momentum.
Trading volume is running at 1.1x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.81 ratio) is neutral — neither side is clearly dominating.
Over the past 1208 weeks of data, NDAQ has crossed below its 200-week moving average 14 times. On average, these episodes lasted 17 weeks. Historically, investors who bought NDAQ at the start of these episodes saw an average one-year return of +14.0%.
With a market cap of $52.7 billion, NDAQ is a large-cap stock. The company generates a free cash flow yield of 3.2%. Return on equity stands at 16.5%, a solid level. The stock trades at 4.4x book value.
Share count has increased 15.9% over three years, indicating dilution.
Over the past 23.2 years, a hypothetical investment of $100 in NDAQ would have grown to $4292, compared to $1166 for the S&P 500. That represents an annualized return of 17.6% vs 11.2% for the index — confirming NDAQ as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
In the past 12 months, corporate insiders have made 2 open-market purchases totaling $16,793,360.
Free cash flow has been growing at a 8.6% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: NDAQ vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NDAQ Crosses Below the Line?
Across 14 historical episodes, buying NDAQ when it crossed below its 200-week moving average produced an average return of +9.4% after 12 months (median +10.0%), compared to +15.9% for the S&P 500 over the same periods. 57% of those episodes were profitable after one year. After 24 months, the average return was +103.2% vs +34.4% for the index.
Each line shows $100 invested at the moment NDAQ crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices NDAQ would reach each dislocation threshold.
Dislocation Price Levels
Prices where NDAQ's Bean Score would hit each σ threshold. Valid until next earnings report (date TBD — last report: 2026-03-31).
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $72.61 | Unusually cheap — potential buy zone |
| Value | +1σ | $77.59 | Cheap vs. own history |
| Fair Value | +0σ | $83.30 | Historical mean behavior |
| Expensive | -1σ | $89.92 | Expensive vs. own history |
| Deep Expensive | -2σ | $97.68 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from NDAQ's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
NDAQ has crossed below its 200-week MA 14 times with an average 1-year return of +14.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jun 2003 | Jul 2003 | 4 | 27.3% | +13.0% | +5432.4% |
| Jul 2003 | Oct 2003 | 12 | 19.7% | -25.4% | +4090.2% |
| Dec 2003 | Dec 2003 | 1 | 0.4% | -20.3% | +4017.1% |
| Mar 2004 | Dec 2004 | 39 | 33.6% | +32.9% | +4041.2% |
| Jun 2008 | Aug 2008 | 6 | 17.4% | -25.2% | +1152.0% |
| Oct 2008 | Feb 2011 | 122 | 46.6% | -21.1% | +1268.7% |
| Mar 2011 | Mar 2011 | 2 | 7.3% | +7.3% | +1328.3% |
| May 2011 | Oct 2011 | 23 | 17.9% | -11.0% | +1231.6% |
| Dec 2011 | Dec 2011 | 1 | 0.6% | +1.8% | +1373.5% |
| May 2012 | Jul 2012 | 10 | 7.1% | +44.3% | +1510.1% |
| Mar 2020 | Mar 2020 | 1 | 0.0% | +83.8% | +282.7% |
| Jun 2023 | Jul 2023 | 3 | 1.8% | +23.3% | +97.7% |
| Jul 2023 | Aug 2023 | 1 | 1.6% | +37.4% | +98.5% |
| Sep 2023 | Nov 2023 | 7 | 6.9% | +54.9% | +100.8% |
| Average | 17 | — | +14.0% | — |
Frequently Asked Questions
Is NDAQ below its 200-week moving average?
No. Nasdaq, Inc. (NDAQ) is currently 35.2% above its 200-week moving average of $69.67. It would need to fall to $69.67 to cross below the line.
What is NDAQ's 200-week moving average price?
Nasdaq, Inc.'s 200-week moving average is $69.67 as of 2026-07-31. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when NDAQ drops below its 200-week moving average?
NDAQ has crossed below its 200-week moving average 14 times in our data. On average, buying at that moment produced a one-year return of +14.0%. These dips have historically been decent entry points. These episodes lasted 17 weeks on average.
Is NDAQ a good value right now?
Here's what our data says about NDAQ as of 2026-07-31: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 56. Free cash flow yield is 3.2%. Return on equity is 16.5%. Price-to-book is 4.4x. This is not a buy or sell recommendation — always do your own research.
How does NDAQ compare to the S&P 500?
Over the past 23.2 years, $100 invested in NDAQ would have grown to $4292, compared to $1166 for the S&P 500. That's 17.6% annualized vs 11.2% for the index. NDAQ has outperformed the broader market over this period.
Does NDAQ pay a dividend?
Yes. Nasdaq, Inc. currently pays a dividend yield of 122.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-07-31