How to Calculate Float-Adjusted Market Capitalisation Index?
Float-Adjusted Market Capitalisation Index calculator uses Float Adjusted Market Capitalisation = (Fraction of Shares Outstanding*Number of Shares Outstanding of Security*Price of the Security)/(sum(x,1,Number of Securities in the Index,(Fraction of Shares Outstanding*Number of Shares Outstanding of Security*Price of the Security))) to calculate the Float Adjusted Market Capitalisation, The Float-Adjusted Market Capitalisation Index formula is a measure used to determine the total market value of a company's outstanding shares, adjusted to consider only the portion of shares that are available for trading in the open market. Float Adjusted Market Capitalisation is denoted by wifM symbol.
How to calculate Float-Adjusted Market Capitalisation Index using this online calculator? To use this online calculator for Float-Adjusted Market Capitalisation Index, enter Fraction of Shares Outstanding (fi), Number of Shares Outstanding of Security (Qi), Price of the Security (Pi) & Number of Securities in the Index (N) and hit the calculate button. Here is how the Float-Adjusted Market Capitalisation Index calculation can be explained with given input values -> 0.066667 = (0.85*350*130)/(sum(x,1,15,(0.85*350*130))).