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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
04/12/2024 $1.78 $1.82 $1.71 $1.77 35.80K
04/15/2024 $1.74 $1.79 $1.57 $1.57 43.90K
04/16/2024 $1.56 $1.65 $1.55 $1.61 23.80K
04/17/2024 $1.59 $1.75 $1.56 $1.57 43.90K
04/18/2024 $1.63 $1.72 $1.58 $1.70 31.10K
MMTec is a holding company. Through its subsidiaries, Co. provides technology services and solutions to the Chinese language speaking hedge funds, mutual funds, registered investment advisors, proprietary trading groups, and brokerage firms. Co. provides support for Securities Dealers Trading System (securities registration and clearing, account management, risk management, quick trading and execution, and third party access middleware), Private Fund Investment Management System (multi-account management, fund valuation, risk management, quantitative trading access, liquidation and requisition management) and Mobile Transaction Individual Client System and PC Client System.
MTC historical stock prices picture
MMTec (MTC) has the following price history information. Looking back at MTC historical stock prices for the last five trading days, on April 12, 2024, MTC opened at $1.78, traded as high as $1.82 and as low as $1.71, and closed at $1.77. Trading volume was a total of 35.80K shares. On April 15, 2024, MTC opened at $1.74, traded as high as $1.79 and as low as $1.57, and closed at $1.57. Trading volume was a total of 43.90K shares. On April 16, 2024, MTC opened at $1.56, traded as high as $1.65 and as low as $1.55, and closed at $1.61. Trading volume was a total of 23.80K shares. On April 17, 2024, MTC opened at $1.59, traded as high as $1.75 and as low as $1.56, and closed at $1.57. Trading volume was a total of 43.90K shares. On April 18, 2024, MTC opened at $1.63, traded as high as $1.72 and as low as $1.58, and closed at $1.70. Trading volume was a total of 31.10K shares.

MTC Historical Stock Prices By Date:

MTC historical cagr picture

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

Growth of $10,000.00
Without Dividends Reinvested

Start date: 01/10/2019
End date: 04/18/2024
Start price/share: $72.30
End price/share: $1.70
Dividends collected/share: $0.00
Total return: -97.65%
Average Annual Total Return: -50.91%
Starting investment: $10,000.00
Ending investment: $235.05
Years: 5.27
Date Close
04/12/2024$1.77
04/15/2024$1.57
04/16/2024$1.61
04/17/2024$1.57
04/18/2024$1.70
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