Envirotech Vehicles is a provider of purpose-built zero-emission electric vehicles focused on reducing the total cost of vehicle ownership and helping fleet operators unlock the benefits of green technology. Co. serves commercial and last-mile fleets, school districts, public and private transportation service companies and colleges and universities. Co.'s vehicles are manufactured by outside, original equipment manufacturer partners that can be marketed, sold, warrantied and serviced through its developing distribution and service network. Co.'s vehicles can include options for telemetrics for remote monitoring, electric power-export and various levels of grid-connectivity. The EVTV average annual return since 2017 is shown above.
The Average Annual Return on the EVTV average annual return since 2017 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 EVTV average annual return since 2017 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 EVTV average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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