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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
04/09/2024 $0.50 $0.50 $0.47 $0.47 29.50K
04/10/2024 $0.46 $0.49 $0.46 $0.47 8.40K
04/11/2024 $0.46 $0.47 $0.42 $0.45 58.00K
04/12/2024 $0.48 $0.48 $0.44 $0.45 38.80K
04/15/2024 $0.44 $0.44 $0.37 $0.38 74.30K
Polar Power designs, manufactures, and sells direct current (DC) power generators, renewable energy and cooling systems for applications. Within the telecommunications market, Co. provides the following three configurations of its DC power systems, with output power ranging from five kilowatt (kW) to 50 kW: DC base power systems, which integrate a DC generator and automated controls with remote monitoring; DC hybrid power systems, which incorporate lithium-ion batteries with its proprietary battery management system into its standard DC power systems; and DC solar hybrid power systems, which incorporate photovoltaic and other sources of renewable energy into its DC hybrid power system.
POLA historical stock prices picture
Polar Power (POLA) has the following price history information. Looking back at POLA historical stock prices for the last five trading days, on April 09, 2024, POLA opened at $0.50, traded as high as $0.50 and as low as $0.47, and closed at $0.47. Trading volume was a total of 29.50K shares. On April 10, 2024, POLA opened at $0.46, traded as high as $0.49 and as low as $0.46, and closed at $0.47. Trading volume was a total of 8.40K shares. On April 11, 2024, POLA opened at $0.46, traded as high as $0.47 and as low as $0.42, and closed at $0.45. Trading volume was a total of 58.00K shares. On April 12, 2024, POLA opened at $0.48, traded as high as $0.48 and as low as $0.44, and closed at $0.45. Trading volume was a total of 38.80K shares. On April 15, 2024, POLA opened at $0.44, traded as high as $0.44 and as low as $0.37, and closed at $0.38. Trading volume was a total of 74.30K shares.

POLA Historical Stock Prices By Date:

POLA historical cagr picture

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

Growth of $10,000.00
Without Dividends Reinvested

Start date: 12/08/2016
End date: 04/15/2024
Start price/share: $8.60
End price/share: $0.38
Dividends collected/share: $0.00
Total return: -95.58%
Average Annual Total Return: -34.57%
Starting investment: $10,000.00
Ending investment: $441.91
Years: 7.35
Date Close
04/09/2024$0.47
04/10/2024$0.47
04/11/2024$0.45
04/12/2024$0.45
04/15/2024$0.38
POLA is categorized under the Industrials sector; below are some other companies in the same sector:

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Also explore: POLA shares outstanding history

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