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Planet MicroCap Index (^MCRI@SNN)
About the Index
Overview The MCRI is as pure an index for microcap stocks as can be. We believe the MCRI provides a much more accurate, in-depth, benchmark of the microcap stock universe, with equal weighting given across the board, regardless of size. Most of the other microcap indices are market cap weighted, giving preference to larger companies with higher trading volumes, and are reconstituted bi-annually or annually, versus quarterly.
General Criteria U.S. (NYSE/AMEX, Nasdaq, OTCM) or Canada (TSX, TSX Venture, CSE, NEO) Primary Listing Only Average Daily Trading Value of $25,000 or more in the preceding 3 months All public companies between $10 and $300 million in market capitalization Filed a 10Q Or 10K in the preceding quarter The index comprises the Top 30 companies from each sector based on share price appreciation.
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