Benzinga | Dec 17, 2021 09:43AM EST

If You Invested $1000 Over The Past 5 Years In This Stock, Here's How Much You Would Have Today

NIO (NYSE:NIO) has outperformed the market over the past 5 years by 19.96% on an annualized basis.

Buying $1,000 In NIO: 5 years ago, an investor could have purchased 151.52 shares of NIO at the time with $1,000. This investment in NIO would have produced an average annual return of 35.43%. Currently, NIO has a market capitalization of $47.83 billion.

NIO's Share Price Over Last 5 Years

If you had invested $1,000 in NIO you would have approximately $4,556.06 today.

In other words, you would have more than quadrupled your money.

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.

You can check out Benzinga's market data in an enhanced view on Benzinga Pro

This article was generated by Benzinga's automated content engine and reviewed by an editor.