Thanks but Chat got thinks your math is a little low:

“In your case, the beginning value is $7993 and the ending value is $26,616. The number of periods is 5 years.

So, CAGR = ($26,616 ÷ $7993) ^ (1 ÷ 5) – 1 = 0.318 or 31.8% .

Therefore, the CAGR for this asset over the past 5 years is approximately 31.8%.

Reply to this note

Please Login to reply.

Discussion

That 31.8% is from Bing chatgpt using the same formula as Dave, who says it’s 27.7% CAGR. Oh boy.