Transocean (NYSE:RIG) has outperformed the market over the past 5 years by 3.23% on an annualized basis producing an average annual return of 14.87%. Currently, Transocean has a market capitalization of $7.51 billion.
Buying $100 In RIG: If an investor had bought $100 of RIG stock 5 years ago, it would be worth $204.79 today based on a price of $6.81 for RIG at the time of writing.
Transocean’s Performance Over Last 5 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.
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