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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 09/19/2023 |
$10.71 |
$10.73 |
$10.71 |
$10.73 |
18.00K | | 09/20/2023 |
$10.73 |
$10.74 |
$10.72 |
$10.74 |
31.50K | | 09/21/2023 |
$10.74 |
$10.74 |
$10.73 |
$10.74 |
11.90K | | 09/22/2023 |
$10.73 |
$10.74 |
$10.72 |
$10.72 |
4.90K | | 09/25/2023 |
$10.71 |
$10.79 |
$10.71 |
$10.76 |
284.50K |
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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 September 19, 2023, AAC opened at $10.71, traded as high as $10.73 and as low as $10.71, and closed at $10.73. Trading volume was a total of 18.00K shares. On September 20, 2023, AAC opened at $10.73, traded as high as $10.74 and as low as $10.72, and closed at $10.74. Trading volume was a total of 31.50K shares. On September 21, 2023, AAC opened at $10.74, traded as high as $10.74 and as low as $10.73, and closed at $10.74. Trading volume was a total of 11.90K shares. On September 22, 2023, AAC opened at $10.73, traded as high as $10.74 and as low as $10.72, and closed at $10.72. Trading volume was a total of 4.90K shares. On September 25, 2023, AAC opened at $10.71, traded as high as $10.79 and as low as $10.71, and closed at $10.76. Trading volume was a total of 284.50K 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: |
09/25/2023 |
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| Start price/share: |
$9.87 |
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| End price/share: |
$10.76 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
9.02% |
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| Average Annual Total Return: |
3.51% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,902.28 |
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| Years: |
2.50 |
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| Date |
Close |
| 09/19/2023 | $10.73 | | 09/20/2023 | $10.74 | | 09/21/2023 | $10.74 | | 09/22/2023 | $10.72 | | 09/25/2023 | $10.76 |
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