Subject: Re: Who is having success with smallcaps?
The $300 million threshold is current, not 20 years out of date.
Understand, you need a setting of value to standardize backtesting and screening. No argument from me.
This is the definition found in the glossry.
Market Value
The total Market Value of a company or stock. Also called Market Capitalization, Market Value is calculated by multiplying the number of shares outstanding by the latest closing price of the stock. Generally speaking, small cap stocks have market values below $1 billion, while large caps have values in excess of $5 billion. Mid caps fall in between.
GD_