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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/14/2017 |
$31.99 |
$31.99 |
$31.99 |
$31.99 |
0 | 03/15/2017 |
$31.99 |
$31.99 |
$31.99 |
$31.99 |
0 | 03/16/2017 |
$31.99 |
$31.99 |
$31.99 |
$31.99 |
0 | 03/17/2017 |
$31.99 |
$31.99 |
$31.99 |
$31.99 |
0 | 03/20/2017 |
$31.99 |
$31.99 |
$31.99 |
$31.99 |
0 |
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Rackspace Hosting is engaged in the managed cloud segment of the business information technology market. Co. provides solutions across two primary form factors, which represent configurations of hardware and software components: dedicated cloud and private clouds, and managed public clouds. Public cloud refers to multi-tenant pools of computing resources delivered on-demand over the Internet, dedicated cloud refers to computing resources accessed by a specific customer, while private clouds refers to a pool of computing resources that is available for a specific customer workload. In addition, hybrid cloud enables customers to use the benefits of both dedicated cloud and public cloud. | |
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RAX (RAX) has the following price history information. Looking back at RAX historical stock prices for the last five trading days, on March 14, 2017, RAX opened at $31.99, traded as high as $31.99 and as low as $31.99, and closed at $31.99. Trading volume was a total of 0 shares. On March 15, 2017, RAX opened at $31.99, traded as high as $31.99 and as low as $31.99, and closed at $31.99. Trading volume was a total of 0 shares. On March 16, 2017, RAX opened at $31.99, traded as high as $31.99 and as low as $31.99, and closed at $31.99. Trading volume was a total of 0 shares. On March 17, 2017, RAX opened at $31.99, traded as high as $31.99 and as low as $31.99, and closed at $31.99. Trading volume was a total of 0 shares. On March 20, 2017, RAX opened at $31.99, traded as high as $31.99 and as low as $31.99, and closed at $31.99. Trading volume was a total of 0 shares.
RAX Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into RAX shares, starting with a $10,000 purchase of RAX, 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: |
03/20/2017 |
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Start price/share: |
$28.82 |
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End price/share: |
$31.99 |
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Dividends collected/share: |
$0.00 |
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Total return: |
11.00% |
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Average Annual Total Return: |
3.67% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$11,099.07 |
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Years: |
2.89 |
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Date |
Close |
03/14/2017 | $31.99 | 03/15/2017 | $31.99 | 03/16/2017 | $31.99 | 03/17/2017 | $31.99 | 03/20/2017 | $31.99 |
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