Backblaze is a storage cloud platform, providing businesses and consumers cloud services to store, use, and protect their data. Co. provides these cloud services through a purpose-built, web-scale software infrastructure built on commodity hardware. The Backblaze Storage Cloud provides the main platform for Co.'s cloud services. Co.'s two cloud services that it provides on its Storage Cloud are: Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases; and Backblaze Computer Backup, which automatically backs up data from laptops and desktops for businesses and individuals. The BLZE average annual return since 2021 is shown above.
The Average Annual Return on the BLZE 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 BLZE 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 BLZE average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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