No. of Recommendations: 1
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.
Okay. So if small caps have market values below $1 billion, how can micro caps be everything below $2.18 billion?
BTW, the $5 billion threshold for large caps is also way off. The threshold for entry into the S&P500 is now $14.5 billion. The final size threshold by Market Value used for screens you want included is variable with time. MSCI USA index seems to be used more now by many which includes about 620+ large Cap and about the same as the screener.
Another source "Investopedia" is closer to the screener results.
https://www.investopedia.com/insights/understandin...KEY TAKEAWAYS
Big-cap (large-cap) stocks have a market cap of $10 billion or more.
Small-cap stocks generally have a market cap of $250 million to $2 billion.
Small-cap stocks shouldn't be overlooked when putting together a diverse portfolio.
Big-cap stocks don’t always mean larger returns on investment.
Mid-cap stocks fall somewhere in between small-caps and big-caps.Again this is whatever you want it to be.
GD_
