How Does a CAGR Calculator Work?
Compound Annual Growth Rate (CAGR) is one of the most accurate ways to calculate and determine returns for anything that can rise or fall in value over time. Unlike Absolute Return, which just gives you the total percentage gained or lost, CAGR tells you the smoothed out, annualized rate your investment grew at every single year.
The Mathematical Formula
The CAGR calculator uses the standard financial compounding formula:
$CAGR = \left[ \left(\frac{Final Value}{Initial Value}\right)^{\frac{1}{Years}} - 1 \right] \times 100$