Farmmi is a holding company. Through its subsidiaries, Co. is a supplier of agricultural products. Co. processes and/or sells four categories of agricultural products: Shiitake mushrooms, Mu Er mushrooms, cotton, corn, other edible fungi, and other agricultural products. The Shiitake is a variety of mushroom that originated from Eastern Asia. Mu Er is a variety of mushroom that is dark brown to black and native to Asia and some Pacific islands. For the other edible fungi, Co. processes and sells other edible fungi from time to time, such as bamboo fungi and agrocybe aegerila. For the other agricultural products, Co. processes and packages all of the dried edible fungi on its own. The FAMI average annual return since 2018 is shown above.
The Average Annual Return on the FAMI 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 FAMI 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 FAMI average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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