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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
09/26/2014 |
$9.88 |
$9.96 |
$9.88 |
$9.96 |
3.00K | 09/29/2014 |
$9.88 |
$9.94 |
$9.88 |
$9.90 |
4.60K | 09/30/2014 |
$9.58 |
$9.58 |
$9.54 |
$9.58 |
4.10K | 10/01/2014 |
$9.44 |
$9.51 |
$9.39 |
$9.40 |
7.80K | 10/02/2014 |
$9.71 |
$9.71 |
$9.14 |
$9.17 |
11.40K |
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Quartet Merger is a Delaware blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more target businesses. Co.'s efforts to identify a prospective target business are not limited to a particular industry or geographic region, although Co. targets public reporting companies. As an existing public company, Co. offers a target business an alternative to the traditional initial public offering through a merger or other business combination. | |
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QTET (QTET) has the following price history information. Looking back at QTET historical stock prices for the last five trading days, on September 26, 2014, QTET opened at $9.88, traded as high as $9.96 and as low as $9.88, and closed at $9.96. Trading volume was a total of 3.00K shares. On September 29, 2014, QTET opened at $9.88, traded as high as $9.94 and as low as $9.88, and closed at $9.90. Trading volume was a total of 4.60K shares. On September 30, 2014, QTET opened at $9.58, traded as high as $9.58 and as low as $9.54, and closed at $9.58. Trading volume was a total of 4.10K shares. On October 01, 2014, QTET opened at $9.44, traded as high as $9.51 and as low as $9.39, and closed at $9.40. Trading volume was a total of 7.80K shares. On October 02, 2014, QTET opened at $9.71, traded as high as $9.71 and as low as $9.14, and closed at $9.17. Trading volume was a total of 11.40K shares.
QTET Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into QTET shares, starting with a $10,000 purchase of QTET, 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: |
04/25/2014 |
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End date: |
10/02/2014 |
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Start price/share: |
$9.86 |
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End price/share: |
$9.17 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-7.00% |
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Annualized Gain: |
-15.96% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9,300.00 |
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Years: |
0.44 |
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Date |
Close |
09/26/2014 | $9.96 | 09/29/2014 | $9.90 | 09/30/2014 | $9.58 | 10/01/2014 | $9.40 | 10/02/2014 | $9.17 |
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