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If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,700 Today

Benzinga ·  Dec 27, 2023 02:00

Cia Paranaense De Energia (NYSE:ELP) has outperformed the market over the past 5 years by 8.09% on an annualized basis producing an average annual return of 21.8%. Currently, Cia Paranaense De Energia has a market capitalization of $30.61 billion.

Buying $1000 In ELP: If an investor had bought $1000 of ELP stock 5 years ago, it would be worth $2,694.48 today based on a price of $10.26 for ELP at the time of writing.

Cia Paranaense De Energia's Performance Over Last 5 Years

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Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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