Compound annual growth rate

Compound Annual Growth Rate

Food Diagnostic Market Revenue, Price, Growth Rate, Forecast To 2032 |CAGR of 18.1% Report Ocean published the latest research report on the Food Diagnostic Market. In order to comprehend a market holistically, a variety of...

The compound annual growth rate (CAGR) is a crucial metric used to determine the average annual growth rate of an investment over a specified period of time longer than one year. It is a useful tool for investors to analyze the performance of an investment or compare the growth rates of different investments. The CAGR smooths out the fluctuations in an investment's value over time, providing a more accurate picture of its performance.

Understanding the CAGR is essential for investors looking to make informed decisions about their investments and assess their potential returns. By calculating the CAGR, investors can gain insights into the true growth rate of an investment and make more informed decisions about their portfolio.