One, called Smart beta, constructs indexes based on criteria
other than market capitalization.
Not exact matches
The performance goals upon which the payment or vesting of any Incentive Award (
other than Options and stock appreciation rights) that is intended to qualify as Performance - Based Compensation depends shall relate to one or more of the following Performance Measures:
market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return,
market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return on invested
Comprising more
than 20 % of the S&P 500 Index this year based on
market capitalization, the Technology sector frequently drives the index's performance, and has generated roughly 150 % of the returns of any
other single sector in 2017.
MarketCap / GVA is better correlated with actual subsequent S&P 500 total returns
than price / forward earnings, the Fed Model, the Shiller P / E, price / book, price / dividend, Tobin's Q,
market capitalization to GDP, price / revenue and every
other valuation ratio we've developed or examined in
market cycles across history.
If after doing this analysis you find a company that has a much lower
market capitalization than any of the
others, but you can't figure out why, it might be a good investment.
The smallest group, with
market capitalizations of $ 25 million and less, produce dramatically better results
than all
other capitalizations.
Over the same period, small -
capitalization companies (
market caps are less
than 2 billion dollars) that were considered value investments had annualized returns of 15 %, better
than all
other types.
KPMG found that some factors were highly correlated with success (for example, paying with cash, rather
than using stock or cash and stock) and
others were not statistically significant (surprisingly,
market capitalization).
By limiting our universe to stocks with a
market capitalization greater
than $ 1.4 billion (as at December 31, 2011) the returns to our strategy will be reduced compared to the returns to
other strategies that include smaller stocks.
In
other words, if the company were to completely liquidate all assets, the net sales of assets would be greater
than the company's present
market capitalization!
To the extent that any combination of stock
market slices OTHER THAN capitalization weighting outperforms the Total Stock Market (or, approximately, the S&P 500 index), the three leading academic theories must
market slices
OTHER THAN capitalization weighting outperforms the Total Stock
Market (or, approximately, the S&P 500 index), the three leading academic theories must
Market (or, approximately, the S&P 500 index), the three leading academic theories must fall.
Presently, bitcoin's price - per - coin valuation and overall
market capitalization are higher
than any
other cryptocurrency in the world.
Ethereum, which has the largest
market capitalization of any cryptocurrency in the world
other than bitcoin, available on May 2016
The result was a more
than 15 % slide in Bitcoin, while Ethereum, Ripple, Litecoin, and most
other major cryptocurrencies lost double digits amounts in
market capitalization within hours.