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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 03/24/2020 |
$1.34 |
$1.35 |
$1.33 |
$1.33 |
2.20K | | 03/25/2020 |
$1.38 |
$1.46 |
$1.38 |
$1.45 |
2.00K | | 03/26/2020 |
$1.55 |
$3.00 |
$1.55 |
$1.74 |
58.30K | | 03/27/2020 |
$1.79 |
$1.79 |
$1.31 |
$1.45 |
24.80K | | 03/30/2020 |
$1.56 |
$1.56 |
$1.19 |
$1.27 |
20.60K |
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| Aerocentury is engaged in the business of investing in used regional aircraft equipment and leasing it to foreign and domestic regional air carriers. Co. typically acquires assets in one of three ways. Co. may purchase an asset already subject to a lease and assume the rights and obligations of the seller, as lessor under the existing lease; may purchase an asset from an air carrier and lease it back to the air carrier; or may purchase an asset from a seller and then immediately enter into a new lease for the aircraft with a third party lessee. In this last case, Co. typically does not purchase an asset unless a potential lessee has been identified and has committed to lease the asset. |
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Aerocentury (ACY) has the following price history information. Looking back at ACY historical stock prices for the last five trading days, on March 24, 2020, ACY opened at $1.34, traded as high as $1.35 and as low as $1.33, and closed at $1.33. Trading volume was a total of 2.20K shares. On March 25, 2020, ACY opened at $1.38, traded as high as $1.46 and as low as $1.38, and closed at $1.45. Trading volume was a total of 2.00K shares. On March 26, 2020, ACY opened at $1.55, traded as high as $3.00 and as low as $1.55, and closed at $1.74. Trading volume was a total of 58.30K shares. On March 27, 2020, ACY opened at $1.79, traded as high as $1.79 and as low as $1.31, and closed at $1.45. Trading volume was a total of 24.80K shares. On March 30, 2020, ACY opened at $1.56, traded as high as $1.56 and as low as $1.19, and closed at $1.27. Trading volume was a total of 20.60K shares.
ACY Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Aerocentury shares, starting with a $10,000 purchase of ACY, 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: |
03/31/2010 |
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| End date: |
03/30/2020 |
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| Start price/share: |
$19.25 |
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| End price/share: |
$1.27 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-93.40% |
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| Average Annual Total Return: |
-23.79% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$659.89 |
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| Years: |
10.01 |
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| Date |
Close |
| 03/24/2020 | $1.33 | | 03/25/2020 | $1.45 | | 03/26/2020 | $1.74 | | 03/27/2020 | $1.45 | | 03/30/2020 | $1.27 |
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