CAGR
CAGR stands for Compound Annual Growth Rate. It's a financial metric that represents the average annual rate of return on an investment over a specified period, assuming that profits are reinvested each year. CAGR smoothes out the fluctuations of an investment's returns, providing a more accurate picture of its long-term growth trajectory. Investors use CAGR to compare the performance of different investments or assess an investment's performance over varying timeframes.
