What does compound annual growth rate mean?
Definitions for compound annual growth rate
com·pound an·nu·al growth rate
This dictionary definitions page includes all the possible meanings, example usage and translations of the word compound annual growth rate.
Wikipedia
Compound annual growth rate
Compound annual growth rate (CAGR) is a business and investing specific term for the geometric progression ratio that provides a constant rate of return over the time period. CAGR is not an accounting term, but it is often used to describe some element of the business, for example revenue, units delivered, registered users, etc. CAGR dampens the effect of volatility of periodic returns that can render arithmetic means irrelevant. It is particularly useful to compare growth rates from various data sets of common domain such as revenue growth of companies in the same industry or sector.CAGR is equivalent to the more generic exponential growth rate when the exponential growth interval is one year.
Numerology
Chaldean Numerology
The numerical value of compound annual growth rate in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of compound annual growth rate in Pythagorean Numerology is: 2
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"compound annual growth rate." Definitions.net. STANDS4 LLC, 2024. Web. 29 May 2024. <https://www.definitions.net/definition/compound+annual+growth+rate>.
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