| ACV Auctions provides a digital wholesale auction marketplace (the Marketplace) to facilitate business-to-business used vehicle sales between a selling dealership and a buying dealership. Customers using the Marketplace are licensed automotive dealerships or other commercial automotive enterprises. Through its subsidiaries, at the election of the customer purchasing a vehicle, Co. arranges third-party transportation services for the delivery of the purchased vehicle and provides financing for the purchased vehicle. Co. also provides data services that provide insights into the condition and value of used vehicles for transactions both on and off Co.'s Marketplace. The ACVA average annual return since 2021 is shown above.
The Average Annual Return on the ACVA average annual return since 2021 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether ACVA average annual return since 2021 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the ACVA average annual return calculation with any dividends reinvested as applicable (on ex-dates).