CpdAnnReturn


CpdAnnReturn - Compound Annual Return

Often referred to as Compound Annual Growth Rate (CAGR), the Compound Annual Return is the year-over-year growth rate over the complete Evaluation Period.  The formula for the Compound Annual Return is:


((Ending Equity / Initial Equity) ^ (1 / Number of Years)) - 1


Note: In cases where Ending Equity is a negative value, the Compound Annual Return cannot be mathematically determined.  StrataSearch instead generates a value of -101 in such cases to identify the overflow.