CAGR is represented by the following formula:
CAGR = (fv/pv) ^ (1/t) - 1 . . . where t is time in years.
Plugging in your figures, for 10/2/13 to 11/15/13 which is 44 days,
CAGR = (183/175) ^ (365/44) - 1 = 0.448905295 or about 44.89%
If you bought 1,000 shares of JFC at P175 per share last October 2, 2013 and you were able to sell these shares at P183 per share on November 15, 2013. What would be the Effective Annualized Return from the investment?
