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$1000 Invested In This Stock 5 Years Ago Would Be Worth $3,300 Today

Benzinga ·  Sep 30, 2023 01:30

Cia Paranaense De Energia (NYSE:ELP) has outperformed the market over the past 5 years by 16.9% on an annualized basis producing an average annual return of 24.82%. Currently, Cia Paranaense De Energia has a market capitalization of $26.31 billion.

Buying $1000 In ELP: If an investor had bought $1000 of ELP stock 5 years ago, it would be worth $3,335.24 today based on a price of $8.82 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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