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 Video: Compound Annual Growth Rate (CAGR) Definition
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|
| Date |
Open |
High |
Low |
Close |
Volume |
| 04/11/2024 |
$0.15 |
$0.15 |
$0.14 |
$0.14 |
438.10K | | 04/12/2024 |
$5.01 |
$5.80 |
$4.74 |
$4.95 |
195.60K | | 04/15/2024 |
$5.09 |
$5.09 |
$4.10 |
$4.16 |
40.80K | | 04/16/2024 |
$4.08 |
$4.80 |
$3.42 |
$4.20 |
75.70K | | 04/17/2024 |
$4.07 |
$4.79 |
$4.03 |
$4.30 |
69.30K |
|
|
| Takung Art is a holding company. Through its subsidiaries, Co. operates an electronic online platform located at http://en.takungae.com/ for artists, art dealers and art investors to provide and trade in ownership units over artwork. Co.'s platform is an electronic trading system, consisting of host computers, client-side terminals and an interconnected communication system. Co.'s trading system supports the trading and payment/settlement of artwork ownership units. It is an electronic platform developed by a third party software development company and customized for Co., consisting of a matching system, a transaction monitoring system, an account managing system and a settlement system. | |
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NFT (MI) has the following price history information. Looking back at MI historical stock prices for the last five trading days, on April 11, 2024, MI opened at $0.15, traded as high as $0.15 and as low as $0.14, and closed at $0.14. Trading volume was a total of 438.10K shares. On April 12, 2024, MI opened at $5.01, traded as high as $5.80 and as low as $4.74, and closed at $4.95. Trading volume was a total of 195.60K shares. On April 15, 2024, MI opened at $5.09, traded as high as $5.09 and as low as $4.10, and closed at $4.16. Trading volume was a total of 40.80K shares. On April 16, 2024, MI opened at $4.08, traded as high as $4.80 and as low as $3.42, and closed at $4.20. Trading volume was a total of 75.70K shares. On April 17, 2024, MI opened at $4.07, traded as high as $4.79 and as low as $4.03, and closed at $4.30. Trading volume was a total of 69.30K shares.
MI Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into NFT shares, starting with a $10,000 purchase of MI, 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: |
11/27/2015 |
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| End date: |
04/17/2024 |
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| Start price/share: |
$112.50 |
|
| End price/share: |
$4.30 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
-96.18% |
|
| Average Annual Total Return: |
-32.23% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$382.04 |
|
| Years: |
8.39 |
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|
|
| Date |
Close |
| 04/11/2024 | $0.14 | | 04/12/2024 | $4.95 | | 04/15/2024 | $4.16 | | 04/16/2024 | $4.20 | | 04/17/2024 | $4.30 |
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