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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
01/12/2026 $1.48 $1.51 $1.44 $1.44 75.00K
01/13/2026 $1.52 $1.52 $1.44 $1.45 97.10K
01/14/2026 $1.45 $1.48 $1.43 $1.44 34.10K
01/15/2026 $1.48 $1.63 $1.48 $1.58 347.70K
01/16/2026 $1.62 $1.64 $1.58 $1.60 71.80K
MediciNova, Inc. is a biopharmaceutical company focused on developing treatments for serious diseases with unmet medical needs, primarily targeting the U.S. market. Key developments include MN-166 (ibudilast) for neurological disorders like progressive multiple sclerosis (MS) and amyotrophic lateral sclerosis (ALS), as well as substance dependence and Long COVID. MN-001 (tipelukast) targets fibrotic diseases such as nonalcoholic fatty liver disease (NAFLD) and idiopathic pulmonary fibrosis (IPF). The pipeline also includes MN-221 for acute asthma exacerbation and MN-029 for solid tumor cancers.
MNOV historical stock prices picture
Medicinova (MNOV) has the following price history information. Looking back at MNOV historical stock prices for the last five trading days, on January 12, 2026, MNOV opened at $1.48, traded as high as $1.51 and as low as $1.44, and closed at $1.44. Trading volume was a total of 75.00K shares. On January 13, 2026, MNOV opened at $1.52, traded as high as $1.52 and as low as $1.44, and closed at $1.45. Trading volume was a total of 97.10K shares. On January 14, 2026, MNOV opened at $1.45, traded as high as $1.48 and as low as $1.43, and closed at $1.44. Trading volume was a total of 34.10K shares. On January 15, 2026, MNOV opened at $1.48, traded as high as $1.63 and as low as $1.48, and closed at $1.58. Trading volume was a total of 347.70K shares. On January 16, 2026, MNOV opened at $1.62, traded as high as $1.64 and as low as $1.58, and closed at $1.60. Trading volume was a total of 71.80K shares.

MNOV Historical Stock Prices By Date:

MNOV historical cagr picture

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

Growth of $10,000.00
Without Dividends Reinvested

Start date: 01/20/2016
End date: 01/16/2026
Start price/share: $3.64
End price/share: $1.60
Dividends collected/share: $0.00
Total return: -56.04%
Average Annual Total Return: -7.89%
Starting investment: $10,000.00
Ending investment: $4,397.09
Years: 10.00
Date Close
01/12/2026$1.44
01/13/2026$1.45
01/14/2026$1.44
01/15/2026$1.58
01/16/2026$1.60
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Also explore: MNOV shares outstanding history

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