Nasdaq Calculated Tax Rate Trend from 2010 to 2020

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NDAQ -- USA Stock  

Fiscal Quarter End: March 31, 2020  

Nasdaq Calculated Tax Rate yearly trend continues to be very stable with very little volatility. Calculated Tax Rate is likely to grow to 56.26 this year. During the period from 2010 to 2020, Nasdaq Calculated Tax Rate quarterly data regression pattern had sample variance of 188.83 and median of  33.27. Nasdaq Net Income is very stable at the moment as compared to the last year. Nasdaq reported last year Net Income of 526.7 Million. This year Weighted Average Shares is likely to grow to about 163.9 M, while Cost of Revenue is likely to drop about 1.5 B. Check Nasdaq fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 1.9 B, Consolidated Income of 503.1 M or Cost of Revenue of 1.5 B, as well as many exotic indicators such as Interest Coverage of 6.41, Long Term Debt to Equity of 0.4594 or Calculated Tax Rate of 56.26. This can be a perfect complement to check Nasdaq Valuation or Volatility. It can also complement various Nasdaq Technical models. Additionally see the analysis of Nasdaq Correlation with competitors.

Nasdaq Calculated Tax Rate Marginal Breakdown

Showing smoothed Calculated Tax Rate of Nasdaq with missing and latest data points interpolated.
Calculated Tax Rate10 Years Trend
Slightly volatile
 Calculated Tax Rate 

Nasdaq Regression Statistics

Arithmetic Mean 36.29
Geometric Mean 33.92
Coefficient Of Variation 37.86
Mean Deviation 10.45
Median 33.27
Standard Deviation 13.74
Sample Variance 188.83
Range 41.06
R-Value 0.53
Mean Square Error 149.92
R-Squared 0.29
Significance 0.09
Slope 2.21
Total Sum of Squares 1,888

Nasdaq Calculated Tax Rate Over Time

2018  57.93 
2019  52.14 
2020  56.26