Market Vectors LatAm Aggregate Bond ETF is an open-end management investment company. The Fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of The BofA Merrill Lynch Broad Latin America Bond Index. The LatAm Index is comprised of debt securities issued by Latin American issuers. The fund may concentrate its investments in a particular industry or group of industries to the extent that the LatAm Index concentrates in an industry or group of industries. As of Apr 30 2013, the Fund's total assets were $51,316,446 and its investment portfolio was valued at $47,192,131. We show 9 historical shares outstanding datapoints in our EMAG shares outstanding history coverage, used to compute EMAG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EMAG market cap history over the course of time is important for investors
interested in comparing EMAG'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 EMAG versus a peer is one thing; comparing
EMAG 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 EMAG can fluctuate over the course of history.
With this page we aim to empower investors researching EMAG by allowing them to research the EMAG market cap history. |
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Video: The Importance of Market Cap
