CAGR
The constant annual rate that would produce the same result over the period.
How to read the number
It smooths an uneven path and therefore hides the drawdowns along the way.
Also known as: cagr, compound annual growth rate
The constant annual rate that would produce the same result over the period.
It smooths an uneven path and therefore hides the drawdowns along the way.
Also known as: cagr, compound annual growth rate