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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
04/18/2024 $2.25 $2.29 $2.24 $2.25 780.90K
04/19/2024 $2.22 $2.31 $2.22 $2.28 627.00K
04/22/2024 $2.27 $2.36 $2.27 $2.33 578.60K
04/23/2024 $2.33 $2.47 $2.30 $2.47 649.80K
04/24/2024 $2.46 $2.51 $2.43 $2.46 896.90K
Qudian is a holding company. Through its subsidiaries, variable interest entities (VIEs) and subsidiaries of the VIEs, Co. is principally engaged in the operation of online platforms to provide small consumer credit products in the People's Republic of China (PRC). Under Co.'s loan book business, Co. provided small cash credit products to consumers and undertook the related credit risk. Co.'s cash credit products comprised short-term, unsecured lines of credit that could be drawn down at any time, subject to its approval at the time of each drawdown request.
QD historical stock prices picture
Qudian Inc American Depositary Shares Each Repre (QD) has the following price history information. Looking back at QD historical stock prices for the last five trading days, on April 18, 2024, QD opened at $2.25, traded as high as $2.29 and as low as $2.24, and closed at $2.25. Trading volume was a total of 780.90K shares. On April 19, 2024, QD opened at $2.22, traded as high as $2.31 and as low as $2.22, and closed at $2.28. Trading volume was a total of 627.00K shares. On April 22, 2024, QD opened at $2.27, traded as high as $2.36 and as low as $2.27, and closed at $2.33. Trading volume was a total of 578.60K shares. On April 23, 2024, QD opened at $2.33, traded as high as $2.47 and as low as $2.30, and closed at $2.47. Trading volume was a total of 649.80K shares. On April 24, 2024, QD opened at $2.46, traded as high as $2.51 and as low as $2.43, and closed at $2.46. Trading volume was a total of 896.90K shares.

QD Historical Stock Prices By Date:

QD historical cagr picture

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Qudian Inc American Depositary Shares Each Repre shares, starting with a $10,000 purchase of QD, and working forward through the historical stock price information to today.

Growth of $10,000.00
Without Dividends Reinvested

Start date: 10/19/2017
End date: 04/24/2024
Start price/share: $34.90
End price/share: $2.46
Dividends collected/share: $0.00
Total return: -92.95%
Average Annual Total Return: -33.43%
Starting investment: $10,000.00
Ending investment: $704.96
Years: 6.52
Date Close
04/18/2024$2.25
04/19/2024$2.28
04/22/2024$2.33
04/23/2024$2.47
04/24/2024$2.46

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