Guggenheim China Real Estate is an open-end management investment company. The Fund seeks investment results, which correspond generally to the performance of an equity index called the AlphaShares China Real Estate Index (the Index). The Index measures and monitors the performance of the investable universe of publicly traded companies and real estate investment trusts deriving their revenues from real estate development, management and/or ownership of property in the People's Republic of China or the Special Administrative Regions of China, which are Hong Kong and Macau. As of May 31 2015, the Fund's total assets were $35,163,970 and its investment portfolio was valued at $34,860,560. We show 1 historical shares outstanding datapoints in our TAO shares outstanding history coverage, used to compute TAO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TAO market cap history over the course of time is important for investors
interested in comparing TAO'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 TAO versus a peer is one thing; comparing
TAO 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 TAO can fluctuate over the course of history.
With this page we aim to empower investors researching TAO by allowing them to research the TAO market cap history. |
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Video: The Importance of Market Cap
