CAGR is the best formula for evaluating how different investments have performed over time. It helps fix the limitations of the arithmetic average return.
Investors can compare the CAGR to evaluate how well one stock performed against other stocks in a peer group or against a market index.
The Compound Annual Growth Rate (CAGR) Calculator is a powerful tool designed to provide a quick and accurate assessment of the annual growth rate of an investment or business over a specified period.