What is CAGR?
CAGR stands for Compound Annual Growth Rate. It measures annual investment growth over time.
CAGR Formula
CAGR = (Ending Value / Beginning Value) ^ (1 / Years) - 1
Why CAGR is Important
CAGR helps investors compare investment performance accurately.
Conclusion
CAGR is one of the best methods to evaluate long-term investment returns.