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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
08/14/2019 $9.78 $10.00 $9.78 $10.00 31.10K
08/15/2019 $9.92 $9.92 $9.80 $9.86 2.70K
08/16/2019 $9.86 $9.86 $9.86 $9.86 0
08/19/2019 $9.86 $9.86 $9.86 $9.86 0
08/20/2019 $9.76 $9.81 $9.76 $9.81 900
GigCapital2 is a blank check company or special purpose acquisition company, formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses.
GIX historical stock prices picture
GigCapital2 (GIX) has the following price history information. Looking back at GIX historical stock prices for the last five trading days, on August 14, 2019, GIX opened at $9.78, traded as high as $10.00 and as low as $9.78, and closed at $10.00. Trading volume was a total of 31.10K shares. On August 15, 2019, GIX opened at $9.92, traded as high as $9.92 and as low as $9.80, and closed at $9.86. Trading volume was a total of 2.70K shares. On August 16, 2019, GIX opened at $9.86, traded as high as $9.86 and as low as $9.86, and closed at $9.86. Trading volume was a total of 0 shares. On August 19, 2019, GIX opened at $9.86, traded as high as $9.86 and as low as $9.86, and closed at $9.86. Trading volume was a total of 0 shares. On August 20, 2019, GIX opened at $9.76, traded as high as $9.81 and as low as $9.76, and closed at $9.81. Trading volume was a total of 900 shares.

GIX Historical Stock Prices By Date:

GIX historical cagr picture

Below, we examine the compound annual growth rate — CAGR for short — of an investment into GigCapital2 shares, starting with a $10,000 purchase of GIX, and working forward through the historical stock price information to today.

Growth of $10,000.00
Without Dividends Reinvested

Start date: 07/01/2019
End date: 08/20/2019
Start price/share: $9.68
End price/share: $9.81
Dividends collected/share: $0.00
Total return: 1.34%
Annualized Gain: 9.80%
Starting investment: $10,000.00
Ending investment: $10,134.00
Years: 0.14
Date Close
08/14/2019$10.00
08/15/2019$9.86
08/16/2019$9.86
08/19/2019$9.86
08/20/2019$9.81
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Also explore: GIX shares outstanding history

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