Let's take Adidas shares as an example.
To date, since the company's IPO in April 1998 the CAGR is 4.4%.
At the IPO, the market price was 39.68 euros. 1.5 years later, in February 2000 – 70% less, 14.06 euros. CAGR would almost double: 9.6–9.8%.
Similarly, for example, all subsequent highs and lows: 6.1% vs. 11.1%, 3.1% vs. 8.7%.
Unfortunately, the probability...