Elastic is a data analytics company. Co.'s platform, which is available as both a hosted, managed service across public clouds as well as self-managed software, allows its customers to find insights from data. Co.'s solutions are Search, Observability, and Security, that are built into the platform. Co. provides the Elastic Stack, a set of software products that ingest and store data from any source, in any format, and perform search, analysis, and visualization. The Elastic Stack includes: Elasticsearch, which is a real-time search and analytics engine and data store for various types of data; and Kibana, which is the user interface for the Elastic Stack. The ESTC average annual return since 2018 is shown above.
The Average Annual Return on the ESTC average annual return since 2018 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 ESTC average annual return since 2018 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 ESTC average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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