Market Vectors Indonesia 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 Market Vectors Indonesia Index. As of Dec 31 2013, the Fund's total assets were $184,267,241 and its investment portfolio was valued at $183,746,095. We show 80 historical shares outstanding datapoints in our IDX shares outstanding history coverage, used to compute IDX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IDX market cap history over the course of time is important for investors
interested in comparing IDX'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 IDX versus a peer is one thing; comparing
IDX 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 IDX can fluctuate over the course of history.
With this page we aim to empower investors researching IDX by allowing them to research the IDX market cap history. |
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Video: The Importance of Market Cap
