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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
11/22/2023 |
$2.82 |
$2.96 |
$2.82 |
$2.88 |
6.20K | 11/24/2023 |
$2.88 |
$2.98 |
$2.87 |
$2.89 |
17.90K | 11/27/2023 |
$2.89 |
$3.14 |
$2.89 |
$3.09 |
18.80K | 11/28/2023 |
$3.04 |
$3.20 |
$3.04 |
$3.10 |
14.20K | 11/29/2023 |
$3.20 |
$3.20 |
$3.11 |
$3.16 |
5.50K |
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Altisource Asset Management creates the Alternative Lending Group to generate alternative private credit loans through Direct to Borrower Lending, Wholesale Originations, and Correspondent Loan Acquisitions. Co. focuses on markets not addressed by banks, agency aggregators and conventional lenders. Co.'s loan products include: Conventional loans, which include bridge loans on single family and commercial real estate; Ground-up Construction Loans, which assist developers in projects with the focus on workforce housing; and Special Purpose Credit Programs, which include loans to extend special purpose credit to applicants who meet certain requirements such as credit assistance programs. | |
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Altisource Asset Management (AAMC) has the following price history information. Looking back at AAMC historical stock prices for the last five trading days, on November 22, 2023, AAMC opened at $2.82, traded as high as $2.96 and as low as $2.82, and closed at $2.88. Trading volume was a total of 6.20K shares. On November 24, 2023, AAMC opened at $2.88, traded as high as $2.98 and as low as $2.87, and closed at $2.89. Trading volume was a total of 17.90K shares. On November 27, 2023, AAMC opened at $2.89, traded as high as $3.14 and as low as $2.89, and closed at $3.09. Trading volume was a total of 18.80K shares. On November 28, 2023, AAMC opened at $3.04, traded as high as $3.20 and as low as $3.04, and closed at $3.10. Trading volume was a total of 14.20K shares. On November 29, 2023, AAMC opened at $3.20, traded as high as $3.20 and as low as $3.11, and closed at $3.16. Trading volume was a total of 5.50K shares.
AAMC Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Altisource Asset Management shares, starting with a $10,000 purchase of AAMC, 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: |
03/21/2022 |
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End date: |
11/29/2023 |
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Start price/share: |
$9.26 |
|
End price/share: |
$3.16 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
-65.87% |
|
Average Annual Total Return: |
-47.01% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$3,412.08 |
|
Years: |
1.69 |
|
|
 |
Date |
Close |
11/22/2023 | $2.88 | 11/24/2023 | $2.89 | 11/27/2023 | $3.09 | 11/28/2023 | $3.10 | 11/29/2023 | $3.16 |
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