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If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,500 Today

Author: Benzinga Insights | October 27, 2023 10:00am

Cia Paranaense De Energia (NYSE:ELP) has outperformed the market over the past 5 years by 10.18% on an annualized basis producing an average annual return of 19.26%. Currently, Cia Paranaense De Energia has a market capitalization of $25.42 billion.

Buying $1000 In ELP: If an investor had bought $1000 of ELP stock 5 years ago, it would be worth $2,501.47 today based on a price of $8.52 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.

Posted In: ELP