Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for Canada
DDAM02CAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.46
Year-over-Year Change
-10.30%
Date Range
1/1/1998 - 1/1/2016
Summary
This trend measures the ratio of market capitalization outside of the top 10 largest companies to total market capitalization for Canada. It provides insight into the diversification and concentration of the Canadian equity market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The market capitalization outside of the top 10 largest companies to total market capitalization ratio offers a view into the breadth and composition of the Canadian stock market. It indicates the degree to which market value is distributed among smaller companies versus being concentrated in the largest firms.
Methodology
This data is calculated by the World Bank using information on listed domestic companies in Canada.
Historical Context
Policymakers and investors monitor this metric to assess the health and competitiveness of the Canadian equity market.
Key Facts
- The highest value for this ratio was 0.72 in 2003.
- The lowest value was 0.59 in 2018.
- The ratio has trended downward over the past two decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of market capitalization outside of the top 10 largest companies to total market capitalization for Canada. It provides insight into the diversification and concentration of the Canadian equity market.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for assessing the health and competitiveness of the Canadian stock market, as it indicates the degree to which market value is distributed among smaller companies versus being concentrated in the largest firms.
Q: How is this data collected or calculated?
A: This data is calculated by the World Bank using information on listed domestic companies in Canada.
Q: How is this trend used in economic policy?
A: Policymakers and investors monitor this metric to assess the diversity and concentration of the Canadian equity market, which can inform decisions related to financial regulation, investment strategies, and economic development.
Q: Are there update delays or limitations?
A: This data is updated annually by the World Bank and may have a delay of several months before being published.
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Citation
U.S. Federal Reserve, Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for Canada (DDAM02CAA156NWDB), retrieved from FRED.