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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 11/22/2022 |
$9.99 |
$10.01 |
$9.99 |
$10.01 |
11.40K | | 11/23/2022 |
$10.02 |
$10.02 |
$10.00 |
$10.00 |
2.50K | | 11/25/2022 |
$10.00 |
$10.01 |
$10.00 |
$10.01 |
1.40K | | 11/28/2022 |
$10.00 |
$10.01 |
$10.00 |
$10.00 |
19.70K | | 11/29/2022 |
$10.00 |
$10.02 |
$10.00 |
$10.01 |
994.80K |
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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 November 22, 2022, AAC opened at $9.99, traded as high as $10.01 and as low as $9.99, and closed at $10.01. Trading volume was a total of 11.40K shares. On November 23, 2022, AAC opened at $10.02, traded as high as $10.02 and as low as $10.00, and closed at $10.00. Trading volume was a total of 2.50K shares. On November 25, 2022, AAC opened at $10.00, traded as high as $10.01 and as low as $10.00, and closed at $10.01. Trading volume was a total of 1.40K shares. On November 28, 2022, AAC opened at $10.00, traded as high as $10.01 and as low as $10.00, and closed at $10.00. Trading volume was a total of 19.70K shares. On November 29, 2022, AAC opened at $10.00, traded as high as $10.02 and as low as $10.00, and closed at $10.01. Trading volume was a total of 994.80K 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: |
11/29/2022 |
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| Start price/share: |
$9.87 |
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| End price/share: |
$10.01 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
1.42% |
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| Average Annual Total Return: |
0.84% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,141.71 |
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| Years: |
1.68 |
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| Date |
Close |
| 11/22/2022 | $10.01 | | 11/23/2022 | $10.00 | | 11/25/2022 | $10.01 | | 11/28/2022 | $10.00 | | 11/29/2022 | $10.01 |
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