This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
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The current downloader downloads market capitalization data for the US Stock market companies that trade in the New York stock exchange (NYSE), NASDAQ and OTC.
A stock market capitalization could be considered as the company's net worth.
It is calculated by multiplying the company stock price by the number of shares outstanding.
If a company X trades at 20$ and it has 1 million shares outstanding then its market capitalization is 20 million dollars.
The stock market capitalization varies along with the company share price, thus you should run this downloader periodically, once a week or once a month or even once a day if you need fresh data.
This item downloads the stock market capitalization data for all US companies, more than 6000, and then inserts the data into a custom database.
The database name is 'fund' and the field name is 'mktcap'. You can of course change that if you would like to have a different database or field name.
To get the exact value of the net company worth or its capitalization you should multiply the downloaded data by a million. If for example Google has a value of 13521, then it means that it has a market capitalization of 13 billion and 521 million dollars.
This data could be very helpful in conducting analysis, besides many other metrics or ratios could be derived from it.
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.
