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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 04/11/2024 |
$82.48 |
$84.24 |
$82.07 |
$83.67 |
298.70K | | 04/12/2024 |
$82.67 |
$82.89 |
$81.66 |
$82.10 |
265.00K | | 04/15/2024 |
$82.37 |
$83.51 |
$80.68 |
$81.02 |
269.80K | | 04/16/2024 |
$80.61 |
$81.72 |
$80.30 |
$81.14 |
182.30K | | 04/17/2024 |
$81.60 |
$81.91 |
$80.43 |
$80.56 |
201.80K |
|
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| 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 April 11, 2024, ALTR opened at $82.48, traded as high as $84.24 and as low as $82.07, and closed at $83.67. Trading volume was a total of 298.70K shares. On April 12, 2024, ALTR opened at $82.67, traded as high as $82.89 and as low as $81.66, and closed at $82.10. Trading volume was a total of 265.00K shares. On April 15, 2024, ALTR opened at $82.37, traded as high as $83.51 and as low as $80.68, and closed at $81.02. Trading volume was a total of 269.80K shares. On April 16, 2024, ALTR opened at $80.61, traded as high as $81.72 and as low as $80.30, and closed at $81.14. Trading volume was a total of 182.30K shares. On April 17, 2024, ALTR opened at $81.60, traded as high as $81.91 and as low as $80.43, and closed at $80.56. Trading volume was a total of 201.80K 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: |
04/17/2024 |
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| Start price/share: |
$18.31 |
|
| End price/share: |
$80.56 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
339.98% |
|
| Average Annual Total Return: |
25.76% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$43,989.06 |
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| Years: |
6.46 |
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|
| Date |
Close |
| 04/11/2024 | $83.67 | | 04/12/2024 | $82.10 | | 04/15/2024 | $81.02 | | 04/16/2024 | $81.14 | | 04/17/2024 | $80.56 |
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