CAGR is a helpful technique to find the overall growth rate for an investment. It can calculate the past returns as well as future returns of your investment.
The CAGR uncovers several hidden aspects of your business. Its concept is not the same as the absolute return concept because absolute returns calculate growth over the entire investment duration. But CAGR is far more accurate because it considers the increase in wealth year on year (YoY).
Source: https://cagrcalculator.org/
CAGR is a helpful technique to find the overall growth rate for an investment. It can calculate the past returns as well as future returns of your investment.
CAGR is a powerful tool that is especially useful in the world of investments. It is used to calculate the average annual growth rate of an investment.
