ImportantGS
Explain this story: Here’s How Much You Would Have Made Owning Goldman Sachs Group Stock In The Last 5 Years
Explain like I'm 7
If you put $100 into Goldman Sachs five years ago, you would now have $228.73. That is because the value grew a little more each year, on top of earlier growth.
Market move · Historical 5-year stock return reportedBenzingaSector and industry: FinancialsCapital MarketsTell me moreShow less
Explain like I'm 7
If you put $100 into Goldman Sachs five years ago, you would now have $228.73. That is because the value grew a little more each year, on top of earlier growth.
What happenedFrom the article
- Goldman Sachs Group stock had an average annual return of 17.86% over the last five years.
- A $100 investment made five years ago would now be worth $228.73.
- The article says this shows the impact of compounded returns.
Why investors careOur explanation
Compounded returns mean gains from earlier years add to the base that later gains are calculated on, so growth can build on itself over time. Looking at a stock's past return over several years shows how value has grown historically, though it does not say what will happen next.