Direxion Shares Exchange Traded Fund Trust - All Cap Insider Sentiment Shares is an open-end manament investment company. The Fund seeks to match, after expenses, the return of the Sabrient Mutli-Cap Insider/Analyst Quant-Weighted Index (the "Index"). The Index is a quantitatively-weighted index comprised of 100 of the top publicly traded companies in the S&P 1500® Index as determined by the Index provider. As of Oct 31 2013, the Fund's total assets were $5,596,826 and the Fund's investments portfolio was valued at $5,532,460. We show 46 historical shares outstanding datapoints in our KNOW shares outstanding history coverage, used to compute KNOW market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing KNOW market cap history over the course of time is important for investors
interested in comparing KNOW'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 KNOW versus a peer is one thing; comparing
KNOW 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 KNOW can fluctuate over the course of history.
With this page we aim to empower investors researching KNOW by allowing them to research the KNOW market cap history. |
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Video: The Importance of Market Cap
