6 ms·
my point is the most recent trades are a small sample of financial activity which is then extrapolated to make the market cap metric. and i think it's not as m
by soup10 9y ago
my point is the most recent trades are a small sample of financial activity which is then extrapolated to make the market cap metric.
and i think it's not as meaningful a metric as it would be with stocks since its a much more volatile asset class
- cup-of-tea 9y agoYeah, but then maybe there should be some metric to measure volatility as well. Even some stocks are going to be more volatile than others. And it's not like stocks have never been outrageously overvalued before...