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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 09/26/2014 |
$10.70 |
$10.70 |
$10.70 |
$10.70 |
0 | | 09/29/2014 |
$10.70 |
$10.70 |
$10.70 |
$10.70 |
0 | | 09/30/2014 |
$10.70 |
$10.70 |
$10.70 |
$10.70 |
0 | | 10/01/2014 |
$10.26 |
$10.26 |
$10.26 |
$10.26 |
900 | | 10/02/2014 |
$10.65 |
$11.00 |
$10.15 |
$11.00 |
800 |
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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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QTETU (QTETU) has the following price history information. Looking back at QTETU historical stock prices for the last five trading days, on September 26, 2014, QTETU opened at $10.70, traded as high as $10.70 and as low as $10.70, and closed at $10.70. Trading volume was a total of 0 shares. On September 29, 2014, QTETU opened at $10.70, traded as high as $10.70 and as low as $10.70, and closed at $10.70. Trading volume was a total of 0 shares. On September 30, 2014, QTETU opened at $10.70, traded as high as $10.70 and as low as $10.70, and closed at $10.70. Trading volume was a total of 0 shares. On October 01, 2014, QTETU opened at $10.26, traded as high as $10.26 and as low as $10.26, and closed at $10.26. Trading volume was a total of 900 shares. On October 02, 2014, QTETU opened at $10.65, traded as high as $11.00 and as low as $10.15, and closed at $11.00. Trading volume was a total of 800 shares.
QTETU Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into QTETU shares, starting with a $10,000 purchase of QTETU, 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: |
04/29/2014 |
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| End date: |
10/02/2014 |
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| Start price/share: |
$10.22 |
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| End price/share: |
$11.00 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
7.63% |
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| Annualized Gain: |
17.86% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,763.00 |
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| Years: |
0.43 |
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|
| Date |
Close |
| 09/26/2014 | $10.70 | | 09/29/2014 | $10.70 | | 09/30/2014 | $10.70 | | 10/01/2014 | $10.26 | | 10/02/2014 | $11.00 |
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