What does CAGR stand for and when is it used? Option: Cumulative Average Growth Rate, used for analyzing industry trends, Current Asset Growth Ratio, used for assessing company valuation, Capital Asset Growth Rate, used for short-term investments, Compound Annual Growth Rate, used for comparing investments over multiple years

What does CAGR stand for and when is it used?

What does CAGR stand for in the context of investment returns?

In the context of investment returns, what does CAGR represent?

What is the primary purpose of both CAGR and XIRR in the context of investment analysis?

What is the method used to calculate the overall growth rate of a multi-asset portfolio?

How is the rate of change of return calculated?