The market capitalization, also known as market value or market cap, is found by multiplying the share price by the number of shares outstanding. In Hedgefolios terminology, the market capitalization is referred to as “Size” and you have 3 choices to sort the database - LargeCap, MidCap, and SmallCap.

If you search the web for definitions of market cap, you won’t find standard answers or clear dividing lines. For years, LargeCaps were defined as stocks that were worth over $5 Billion, MidCaps were between $1 Billion and $5 Billion and SmallCaps were less than $1 Billion. That might have been relevant in the days of Dow 3,000 but as the market expands and contracts, the definitions have to adapt over time.

Our methodology provides this flexibility by comparing each stock to the total market cap of the Hedgefolios Universe (almost $20 Trillion). Breakpoints are found at 78% and 94% of the cumulative total. By clicking on ANALYZE STOCKS, you will be able to evaluate the ranges of market caps for the current month. For January 2006, LargeCaps were above $9.6 Billion, MidCaps from $1.75 Billion to $9.6 Billion, and SmallCaps were less than $1.75 Billion.

To find stocks of a certain size, just go to EVALUATE and click on the name of the market cap you want within the One-Click Folios or select a market cap from the drop down list box in the Custom Folio section and hit search.