PowerShares DWA Developed Markets Technical Leaders Portfolio is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the Dorsey Wright Developed Markets Technical Leaders Index. The Index includes equity securities of issuers from countries deemed to have developed economics, selected by the Index provider, and is designed to identify companies that demonstrate powerful relative strength characteristics. As of Oct 31 2013, the Fund's total assets were $522,364,217 and the Fund's investment portfolio was valued at $513,713,829. We show 1 historical shares outstanding datapoints in our PIZ shares outstanding history coverage, used to compute PIZ market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PIZ market cap history over the course of time is important for investors
interested in comparing PIZ'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 PIZ versus a peer is one thing; comparing
PIZ 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 PIZ can fluctuate over the course of history.
With this page we aim to empower investors researching PIZ by allowing them to research the PIZ market cap history. |
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Video: The Importance of Market Cap
