No. of Recommendations: 0
"8 bagger in 15 years?"
-rmlk
Example: Eight Bagger in 15 years
CAGR = (End Value / Start Value) ^ (1 / No. of Years) - 1
YBD* 15.00 Price: $Change %Gain
start date: 1/28/1990 $10.00
end date: 1/28/2005 $90.00 $80.00 800.00%
CAGR 15.78%
*months 180.00
*weeks 782.68
*days 5479
*Years Between Dates
To understand more about CAGR (Compound Annual Growth Rate) see the following FAQ at the BMW Method board.
http://boards.fool.com/Message.asp?mid=23878864
Regards;
~hildy