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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/19/2024 |
$14.20 |
$14.23 |
$13.93 |
$14.07 |
466.00K | 04/22/2024 |
$14.73 |
$15.27 |
$14.48 |
$14.99 |
455.50K | 04/23/2024 |
$15.20 |
$15.58 |
$15.00 |
$15.12 |
472.30K | 04/24/2024 |
$15.89 |
$16.12 |
$15.48 |
$15.66 |
434.00K | 04/25/2024 |
$15.44 |
$15.82 |
$15.05 |
$15.74 |
515.40K |
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Zai Lab is a holding company. Through its subsidiaries, Co. is a commercial-stage biopharmaceutical company focusing on discovering or licensing, developing and commercializing proprietary therapeutics that address areas of unmet medical need in the China and global markets, including in the fields of oncology, infectious and autoimmune diseases. Co.'s products are: Niraparib, a selective oral, small molecule PARP 1/2 inhibitor with the potential to be a drug for treatment across multiple solid tumor types in China; and Optune, a cancer therapy that uses electric fields tuned to specific frequencies to disrupt cell division, inhibiting tumor growth and causing affected cancer cells to die. | |
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Zai Lab (ZLAB) has the following price history information. Looking back at ZLAB historical stock prices for the last five trading days, on April 19, 2024, ZLAB opened at $14.20, traded as high as $14.23 and as low as $13.93, and closed at $14.07. Trading volume was a total of 466.00K shares. On April 22, 2024, ZLAB opened at $14.73, traded as high as $15.27 and as low as $14.48, and closed at $14.99. Trading volume was a total of 455.50K shares. On April 23, 2024, ZLAB opened at $15.20, traded as high as $15.58 and as low as $15.00, and closed at $15.12. Trading volume was a total of 472.30K shares. On April 24, 2024, ZLAB opened at $15.89, traded as high as $16.12 and as low as $15.48, and closed at $15.66. Trading volume was a total of 434.00K shares. On April 25, 2024, ZLAB opened at $15.44, traded as high as $15.82 and as low as $15.05, and closed at $15.74. Trading volume was a total of 515.40K shares.
ZLAB Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Zai Lab shares, starting with a $10,000 purchase of ZLAB, 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: |
09/21/2017 |
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End date: |
04/25/2024 |
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Start price/share: |
$31.11 |
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End price/share: |
$15.74 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-49.41% |
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Average Annual Total Return: |
-9.81% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$5,060.21 |
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Years: |
6.60 |
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Date |
Close |
04/19/2024 | $14.07 | 04/22/2024 | $14.99 | 04/23/2024 | $15.12 | 04/24/2024 | $15.66 | 04/25/2024 | $15.74 |
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