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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 10/31/2023 |
$10.78 |
$10.80 |
$10.63 |
$10.78 |
1.43M | | 11/01/2023 |
$10.76 |
$10.78 |
$10.76 |
$10.78 |
66.80K | | 11/02/2023 |
$10.78 |
$10.78 |
$10.77 |
$10.77 |
61.10K | | 11/03/2023 |
$10.77 |
$10.78 |
$10.77 |
$10.77 |
280.10K | | 11/06/2023 |
$10.77 |
$10.79 |
$10.77 |
$10.79 |
599.70K |
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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 October 31, 2023, AAC opened at $10.78, traded as high as $10.80 and as low as $10.63, and closed at $10.78. Trading volume was a total of 1.43M shares. On November 01, 2023, AAC opened at $10.76, traded as high as $10.78 and as low as $10.76, and closed at $10.78. Trading volume was a total of 66.80K shares. On November 02, 2023, AAC opened at $10.78, traded as high as $10.78 and as low as $10.77, and closed at $10.77. Trading volume was a total of 61.10K shares. On November 03, 2023, AAC opened at $10.77, traded as high as $10.78 and as low as $10.77, and closed at $10.77. Trading volume was a total of 280.10K shares. On November 06, 2023, AAC opened at $10.77, traded as high as $10.79 and as low as $10.77, and closed at $10.79. Trading volume was a total of 599.70K 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: |
11/06/2023 |
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| Start price/share: |
$9.87 |
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| End price/share: |
$10.79 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
9.32% |
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| Average Annual Total Return: |
3.46% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,931.80 |
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| Years: |
2.62 |
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| Date |
Close |
| 10/31/2023 | $10.78 | | 11/01/2023 | $10.78 | | 11/02/2023 | $10.77 | | 11/03/2023 | $10.77 | | 11/06/2023 | $10.79 |
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