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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 03/17/2023 |
$7.89 |
$7.94 |
$7.75 |
$7.85 |
12.58M | | 03/20/2023 |
$7.70 |
$8.05 |
$7.56 |
$7.86 |
7.91M | | 03/21/2023 |
$7.79 |
$7.90 |
$6.75 |
$7.14 |
14.42M | | 03/22/2023 |
$7.08 |
$7.29 |
$7.03 |
$7.18 |
5.81M | | 03/23/2023 |
$7.48 |
$7.87 |
$7.48 |
$7.59 |
9.09M |
|
|
| Tencent Music Entertainment is a holding company. Through its subsidiaries, Co. is engaged in operating online music entertainment platforms to provide music streaming, online karaoke and live streaming services. Co.'s platform is a music entertainment destination that allows users to engage with music in various ways, including discovering, listening, singing, watching, performing and socializing. Social interactions such as sharing, liking, commenting, following and virtual gifting, are integrated in Co.'s platform. Co.'s music-centric live streaming services, primarily Live Streaming tab on Kugou Music, Kuwo Music, WeSing and QQ Music, Kugou Live and Kuwo Live. | |
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Tencent Music Entertainment Group (TME) has the following price history information. Looking back at TME historical stock prices for the last five trading days, on March 17, 2023, TME opened at $7.89, traded as high as $7.94 and as low as $7.75, and closed at $7.85. Trading volume was a total of 12.58M shares. On March 20, 2023, TME opened at $7.70, traded as high as $8.05 and as low as $7.56, and closed at $7.86. Trading volume was a total of 7.91M shares. On March 21, 2023, TME opened at $7.79, traded as high as $7.90 and as low as $6.75, and closed at $7.14. Trading volume was a total of 14.42M shares. On March 22, 2023, TME opened at $7.08, traded as high as $7.29 and as low as $7.03, and closed at $7.18. Trading volume was a total of 5.81M shares. On March 23, 2023, TME opened at $7.48, traded as high as $7.87 and as low as $7.48, and closed at $7.59. Trading volume was a total of 9.09M shares.
TME Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Tencent Music Entertainment Group shares, starting with a $10,000 purchase of TME, 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: |
12/13/2018 |
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| End date: |
03/23/2023 |
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| Start price/share: |
$13.51 |
|
| End price/share: |
$7.59 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
-43.82% |
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| Average Annual Total Return: |
-12.62% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$5,618.19 |
|
| Years: |
4.27 |
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|
|
| Date |
Close |
| 03/17/2023 | $7.85 | | 03/20/2023 | $7.86 | | 03/21/2023 | $7.14 | | 03/22/2023 | $7.18 | | 03/23/2023 | $7.59 |
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