EGA Emerging Global Shares Trust - EGShares India Consumer ETF (the Fund) is an open-end management investment company. The Fund seeks investment results that correspond (before fees and expenses) to the price and yield performance of the INDXX India Consumer Index. The INDXX India Consumer Index is comprised of 30 leading companies that INDXX, LLC determines to be representative of India's consumer sectors. As of Mar 31 2013, Co. had total assets of $6,669,819 and its total investments were $6,632,954. We show 1 historical shares outstanding datapoints in our INCO shares outstanding history coverage, used to compute INCO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing INCO market cap history over the course of time is important for investors
interested in comparing INCO'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 INCO versus a peer is one thing; comparing
INCO 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 INCO can fluctuate over the course of history.
With this page we aim to empower investors researching INCO by allowing them to research the INCO market cap history. |
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Video: The Importance of Market Cap
