Market capitalization performance %

Market capitalization performance is a metric that measures the percentage change in a company's market capitalization over a specified period. It indicates the growth or decline in the company's market value during that period.

Market cap performance % = ((Current market cap - Previous market cap) / Previous market cap) * 100

Current market capitalization refers to the total value of the issuer's outstanding shares at the current market price, while Previous market capitalization is the total value of the issuer's outstanding shares at the market price at the beginning of the specified period (e.g., 1 week, 1 month, 3 months, 6 months, YTD (Year To Date), 1 year, or 5 years).

Understanding market capitalization performance helps gauge the growth or decline of a company's value relative to its past performance. A positive percentage indicates that the company's market cap has increased, which may suggest strong business performance, positive market sentiment, or successful strategic initiatives. Conversely, a negative percentage may signal challenges or declining investor confidence. By analyzing this metric, investors can gain insights into a company's short-term and long-term trends.