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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
09/06/2013 $6.85 $6.85 $6.83 $6.83 165.30K
09/09/2013 $6.83 $6.85 $6.83 $6.85 391.50K
09/10/2013 $6.84 $6.85 $6.84 $6.84 341.20K
09/11/2013 $6.83 $6.85 $6.83 $6.84 235.40K
09/12/2013 $6.84 $6.85 $6.84 $6.84 263.00K
STEC is a provider of enterprise-class solid state drives (SSDs) designed for systems and applications that require high input and output capabilities with low latencies. Co. also designs and develops its own SSD controllers, enhance them with proprietary firmware and integrate them with NAND flash media to manufacture high-performance SSDs. Co. markets its products to original equipment manufacturers (OEMs), OEM distributors, value added resellers, enterprises, and end user customers. Co. also manufactures small form factor Flash-based SSDs, cards and modules, as well as custom dynamic random access memory modules for networking, communications and embedded industrial applications.
STEC historical stock prices picture
STEC (STEC) has the following price history information. Looking back at STEC historical stock prices for the last five trading days, on September 06, 2013, STEC opened at $6.85, traded as high as $6.85 and as low as $6.83, and closed at $6.83. Trading volume was a total of 165.30K shares. On September 09, 2013, STEC opened at $6.83, traded as high as $6.85 and as low as $6.83, and closed at $6.85. Trading volume was a total of 391.50K shares. On September 10, 2013, STEC opened at $6.84, traded as high as $6.85 and as low as $6.84, and closed at $6.84. Trading volume was a total of 341.20K shares. On September 11, 2013, STEC opened at $6.83, traded as high as $6.85 and as low as $6.83, and closed at $6.84. Trading volume was a total of 235.40K shares. On September 12, 2013, STEC opened at $6.84, traded as high as $6.85 and as low as $6.84, and closed at $6.84. Trading volume was a total of 263.00K shares.

STEC Historical Stock Prices By Date:

STEC historical cagr picture

Below, we examine the compound annual growth rate — CAGR for short — of an investment into STEC shares, starting with a $10,000 purchase of STEC, and working forward through the historical stock price information to today. STEC -- use the split history when considering split-adjusted past price performance.

Date Close
09/06/2013$6.83
09/09/2013$6.85
09/10/2013$6.84
09/11/2013$6.84
09/12/2013$6.84
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