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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
04/11/2024 $4.06 $4.19 $3.87 $3.90 72.80K
04/12/2024 $3.92 $3.92 $3.72 $3.72 23.90K
04/15/2024 $3.80 $3.85 $3.44 $3.67 61.10K
04/16/2024 $3.58 $3.75 $3.48 $3.67 28.80K
04/17/2024 $3.78 $4.16 $3.74 $4.08 22.90K
REE Automotive is a development stage technology company in the field of electric mobility. Co. has developed two core innovations which make up the foundation of its products: the "REEcorner", which integrates vehicle components into an area between the chassis and the wheel creating a single module that is controlled via Co.'s proprietary X-by-Wire Control technology which controls each of the corners of the vehicles; and the "REEboard", a fully flat and modular EV chassis that includes the REEcenter control system, the "REEcenter", thermal management, power converter and power module. Co. developed wheel-based suspension technologies for personal mobility.
REE historical stock prices picture
REE Automotive (REE) has the following price history information. Looking back at REE historical stock prices for the last five trading days, on April 11, 2024, REE opened at $4.06, traded as high as $4.19 and as low as $3.87, and closed at $3.90. Trading volume was a total of 72.80K shares. On April 12, 2024, REE opened at $3.92, traded as high as $3.92 and as low as $3.72, and closed at $3.72. Trading volume was a total of 23.90K shares. On April 15, 2024, REE opened at $3.80, traded as high as $3.85 and as low as $3.44, and closed at $3.67. Trading volume was a total of 61.10K shares. On April 16, 2024, REE opened at $3.58, traded as high as $3.75 and as low as $3.48, and closed at $3.67. Trading volume was a total of 28.80K shares. On April 17, 2024, REE opened at $3.78, traded as high as $4.16 and as low as $3.74, and closed at $4.08. Trading volume was a total of 22.90K shares.

REE Historical Stock Prices By Date:

REE historical cagr picture

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

Growth of $10,000.00
Without Dividends Reinvested

Start date: 01/14/2021
End date: 04/17/2024
Start price/share: $313.50
End price/share: $4.08
Dividends collected/share: $0.00
Total return: -98.70%
Average Annual Total Return: -73.66%
Starting investment: $10,000.00
Ending investment: $130.08
Years: 3.25
Date Close
04/11/2024$3.90
04/12/2024$3.72
04/15/2024$3.67
04/16/2024$3.67
04/17/2024$4.08
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