Associated Capital Group provides alternative investment management services and institutional research services, as well as management of its proprietary investment portfolio. In its alternative asset management operations, subsidiaries of Co. serve as general partner or investment manager to investment funds including limited partnerships, offshore companies and separate accounts. Co. primarily manages assets in equity event-driven value strategies, across a range of risk and event arbitrage portfolios. Also, Co. provides institutional research services through its subsidiary, G.research, LLC, which is a broker-dealer and also acts as an underwriter primarily for Co.'s affiliates. We show 6 historical shares outstanding datapoints in our AC shares outstanding history coverage, used to compute AC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AC market cap history over the course of time is important for investors
interested in comparing AC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AC versus a peer is one thing; comparing
AC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AC can fluctuate over the course of history.
With this page we aim to empower investors researching AC by allowing them to research the AC market cap history. |
Video: The Importance of Market Cap
