Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Celanese (NYSE:CE) has outperformed the market over the past 15 years by 4.98% on an annualized basis producing an average annual return of 17.91%. Currently, Celanese has a market capitalization of $17.18 billion.
Buying $1000 In CE: If an investor had bought $1000 of CE stock 15 years ago, it would be worth $13,604.10 today based on a price of $157.76 for CE at the time of writing.
Celanese's Performance Over Last 15 Years
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.