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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
| Date |
Open |
High |
Low |
Close |
Volume |
| 08/25/2016 |
$24.74 |
$24.74 |
$24.74 |
$24.74 |
300 | | 08/26/2016 |
$24.74 |
$24.74 |
$24.74 |
$24.74 |
0 | | 08/29/2016 |
$24.73 |
$24.77 |
$24.73 |
$24.77 |
700 | | 08/30/2016 |
$24.75 |
$24.85 |
$24.70 |
$24.72 |
9.00K | | 08/31/2016 |
$24.72 |
$24.72 |
$24.72 |
$24.72 |
0 |
 |
| American Independence is a holding company. Through its subsidiaries, Co. engages in the health insurance and reinsurance business. Co.'s products include: fully insured health, which comprises specialty health, including dental, vision, short-term medical, supplemental products, pet insurance, non-subscriber occupational accident, and medical business that is in run-out; group disability, which provides employee benefit insurance, including medical, life, and disability; and reinsurance, which is an arrangement in which an insurance company agrees to indemnify another insurance company (the ceding company) against all or a portion of the insurance risks underwritten by the ceding company. | |
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AMIC (AMIC) has the following price history information. Looking back at AMIC historical stock prices for the last five trading days, on August 25, 2016, AMIC opened at $24.74, traded as high as $24.74 and as low as $24.74, and closed at $24.74. Trading volume was a total of 300 shares. On August 26, 2016, AMIC opened at $24.74, traded as high as $24.74 and as low as $24.74, and closed at $24.74. Trading volume was a total of 0 shares. On August 29, 2016, AMIC opened at $24.73, traded as high as $24.77 and as low as $24.73, and closed at $24.77. Trading volume was a total of 700 shares. On August 30, 2016, AMIC opened at $24.75, traded as high as $24.85 and as low as $24.70, and closed at $24.72. Trading volume was a total of 9.00K shares. On August 31, 2016, AMIC opened at $24.72, traded as high as $24.72 and as low as $24.72, and closed at $24.72. Trading volume was a total of 0 shares.
AMIC Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into AMIC shares, starting with a $10,000 purchase of AMIC, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
05/11/2016 |
|
| End date: |
08/31/2016 |
|
| Start price/share: |
$22.28 |
|
| End price/share: |
$24.72 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
10.95% |
|
| Annualized Gain: |
35.69% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$11,095.00 |
|
| Years: |
0.31 |
|
|
 |
| Date |
Close |
| 08/25/2016 | $24.74 | | 08/26/2016 | $24.74 | | 08/29/2016 | $24.77 | | 08/30/2016 | $24.72 | | 08/31/2016 | $24.72 |
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