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 Video: Compound Annual Growth Rate (CAGR) Definition
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|
| Date |
Open |
High |
Low |
Close |
Volume |
| 05/22/2023 |
$69.97 |
$71.49 |
$69.89 |
$71.36 |
230.90K | | 05/23/2023 |
$71.07 |
$71.53 |
$69.85 |
$69.91 |
218.90K | | 05/24/2023 |
$69.39 |
$70.18 |
$68.69 |
$69.63 |
252.70K | | 05/25/2023 |
$70.13 |
$72.79 |
$69.86 |
$72.26 |
424.30K | | 05/26/2023 |
$72.19 |
$75.00 |
$72.19 |
$74.52 |
522.20K |
|
|
| 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 May 22, 2023, ALTR opened at $69.97, traded as high as $71.49 and as low as $69.89, and closed at $71.36. Trading volume was a total of 230.90K shares. On May 23, 2023, ALTR opened at $71.07, traded as high as $71.53 and as low as $69.85, and closed at $69.91. Trading volume was a total of 218.90K shares. On May 24, 2023, ALTR opened at $69.39, traded as high as $70.18 and as low as $68.69, and closed at $69.63. Trading volume was a total of 252.70K shares. On May 25, 2023, ALTR opened at $70.13, traded as high as $72.79 and as low as $69.86, and closed at $72.26. Trading volume was a total of 424.30K shares. On May 26, 2023, ALTR opened at $72.19, traded as high as $75.00 and as low as $72.19, and closed at $74.52. Trading volume was a total of 522.20K 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: |
05/26/2023 |
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| Start price/share: |
$18.31 |
|
| End price/share: |
$74.52 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
306.99% |
|
| Average Annual Total Return: |
28.68% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$40,706.29 |
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| Years: |
5.57 |
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|
|
| Date |
Close |
| 05/22/2023 | $71.36 | | 05/23/2023 | $69.91 | | 05/24/2023 | $69.63 | | 05/25/2023 | $72.26 | | 05/26/2023 | $74.52 |
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