Glossary · Lesson 6.11
CAGR
CAGR converts a total return over multiple years into a single annualised rate, as if the portfolio had grown by the same percentage each year.
Definition
CAGR converts a total return over multiple years into a single annualised rate, as if the portfolio had grown by the same percentage each year.
In FactorSage
Reported in backtest results so you can compare strategies and benchmarks over the same period.
Related
- Reading backtest resultsBacktesting