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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 03/21/2023 |
$10.32 |
$10.32 |
$10.30 |
$10.31 |
130.80K | | 03/22/2023 |
$10.30 |
$10.32 |
$10.30 |
$10.30 |
207.00K | | 03/23/2023 |
$10.30 |
$10.34 |
$10.30 |
$10.34 |
1.74M | | 03/24/2023 |
$10.35 |
$10.35 |
$10.32 |
$10.32 |
43.80K | | 03/27/2023 |
$10.33 |
$10.34 |
$10.32 |
$10.32 |
34.90K |
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| Ares Acquisition is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. | |
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Ares Acquisition (AAC) has the following price history information. Looking back at AAC historical stock prices for the last five trading days, on March 21, 2023, AAC opened at $10.32, traded as high as $10.32 and as low as $10.30, and closed at $10.31. Trading volume was a total of 130.80K shares. On March 22, 2023, AAC opened at $10.30, traded as high as $10.32 and as low as $10.30, and closed at $10.30. Trading volume was a total of 207.00K shares. On March 23, 2023, AAC opened at $10.30, traded as high as $10.34 and as low as $10.30, and closed at $10.34. Trading volume was a total of 1.74M shares. On March 24, 2023, AAC opened at $10.35, traded as high as $10.35 and as low as $10.32, and closed at $10.32. Trading volume was a total of 43.80K shares. On March 27, 2023, AAC opened at $10.33, traded as high as $10.34 and as low as $10.32, and closed at $10.32. Trading volume was a total of 34.90K shares.
AAC Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ares Acquisition shares, starting with a $10,000 purchase of AAC, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
03/25/2021 |
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| End date: |
03/27/2023 |
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| Start price/share: |
$9.87 |
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| End price/share: |
$10.32 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
4.61% |
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| Average Annual Total Return: |
2.27% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,460.44 |
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| Years: |
2.01 |
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| Date |
Close |
| 03/21/2023 | $10.31 | | 03/22/2023 | $10.30 | | 03/23/2023 | $10.34 | | 03/24/2023 | $10.32 | | 03/27/2023 | $10.32 |
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