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 Video: Compound Annual Growth Rate (CAGR) Definition
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|
| Date |
Open |
High |
Low |
Close |
Volume |
| 08/04/2022 |
$60.15 |
$61.10 |
$59.69 |
$60.88 |
176.70K | | 08/05/2022 |
$59.08 |
$59.08 |
$55.56 |
$57.89 |
672.80K | | 08/08/2022 |
$58.25 |
$58.90 |
$56.90 |
$56.95 |
389.10K | | 08/09/2022 |
$56.35 |
$56.36 |
$55.46 |
$55.91 |
308.90K | | 08/10/2022 |
$57.32 |
$57.49 |
$56.39 |
$56.48 |
236.40K |
|
|
| Altair Engineering delivers software and cloud solutions in simulation, high-performance computing, data analytics, and artificial intelligence. Co.'s Software segment includes: software, which consists of software products including its solvers and optimization technology products, computing software applications and hardware products, modeling and visualization tools, and data analytics and analysis products; and software related services, which consists of consulting and implementation services. Co.'s Client Engineering Services segment provides client engineering services by hiring engineers and data scientists 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, 2022, ALTR opened at $60.15, traded as high as $61.10 and as low as $59.69, and closed at $60.88. Trading volume was a total of 176.70K shares. On August 05, 2022, ALTR opened at $59.08, traded as high as $59.08 and as low as $55.56, and closed at $57.89. Trading volume was a total of 672.80K shares. On August 08, 2022, ALTR opened at $58.25, traded as high as $58.90 and as low as $56.90, and closed at $56.95. Trading volume was a total of 389.10K shares. On August 09, 2022, ALTR opened at $56.35, traded as high as $56.36 and as low as $55.46, and closed at $55.91. Trading volume was a total of 308.90K shares. On August 10, 2022, ALTR opened at $57.32, traded as high as $57.49 and as low as $56.39, and closed at $56.48. Trading volume was a total of 236.40K 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
Without Dividends Reinvested
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| Start date: |
11/01/2017 |
|
| End date: |
08/10/2022 |
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| Start price/share: |
$18.31 |
|
| End price/share: |
$56.48 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
208.47% |
|
| Average Annual Total Return: |
26.60% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$30,842.96 |
|
| Years: |
4.78 |
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|
|
| Date |
Close |
| 08/04/2022 | $60.88 | | 08/05/2022 | $57.89 | | 08/08/2022 | $56.95 | | 08/09/2022 | $55.91 | | 08/10/2022 | $56.48 |
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