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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 08/04/2020 |
$40.30 |
$40.79 |
$39.93 |
$40.67 |
204.50K | | 08/05/2020 |
$40.92 |
$42.90 |
$40.71 |
$42.09 |
656.30K | | 08/06/2020 |
$41.93 |
$42.03 |
$40.16 |
$41.14 |
244.70K | | 08/07/2020 |
$42.51 |
$44.34 |
$40.29 |
$41.03 |
490.70K | | 08/10/2020 |
$40.94 |
$40.94 |
$38.50 |
$38.80 |
211.50K |
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| Altair Engineering is a technology company providing software and cloud solutions in the areas of product design and development, cloud computing, and data intelligence. Co.'s Software segment includes software and software related services. The software component of this segment includes its portfolio of software products including its solvers and optimization technology products. Co.'s client engineering services (CES), segment provides client engineering services to support its customers with long-term ongoing capability. Co. operates its CES business by hiring engineers for placement at a customer site for specific customer-directed assignments. |
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Altair Engineering (ALTR) has the following price history information. Looking back at ALTR historical stock prices for the last five trading days, on August 04, 2020, ALTR opened at $40.30, traded as high as $40.79 and as low as $39.93, and closed at $40.67. Trading volume was a total of 204.50K shares. On August 05, 2020, ALTR opened at $40.92, traded as high as $42.90 and as low as $40.71, and closed at $42.09. Trading volume was a total of 656.30K shares. On August 06, 2020, ALTR opened at $41.93, traded as high as $42.03 and as low as $40.16, and closed at $41.14. Trading volume was a total of 244.70K shares. On August 07, 2020, ALTR opened at $42.51, traded as high as $44.34 and as low as $40.29, and closed at $41.03. Trading volume was a total of 490.70K shares. On August 10, 2020, ALTR opened at $40.94, traded as high as $40.94 and as low as $38.50, and closed at $38.80. Trading volume was a total of 211.50K shares.
ALTR Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Altair Engineering shares, starting with a $10,000 purchase of ALTR, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
08/11/2010 |
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| End date: |
08/10/2020 |
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| Start price/share: |
$26.87 |
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| End price/share: |
$38.80 |
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| Starting shares: |
372.16 |
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| Ending shares: |
399.10 |
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| Dividends reinvested/share: |
$2.58 |
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| Total return: |
54.85% |
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| Average Annual Total Return: |
4.47% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$15,488.88 |
|
| Years: |
10.01 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
08/11/2010 |
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| End date: |
08/10/2020 |
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| Start price/share: |
$26.87 |
|
| End price/share: |
$38.80 |
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| Dividends collected/share: |
$2.58 |
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| Total return: |
54.00% |
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| Average Annual Total Return: |
4.41% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,400.10 |
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| Years: |
10.01 |
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|
| Date |
Close |
| 08/04/2020 | $40.67 | | 08/05/2020 | $42.09 | | 08/06/2020 | $41.14 | | 08/07/2020 | $41.03 | | 08/10/2020 | $38.80 |
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