Open Lending provides loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders throughout the U.S., which allows each lending institution to book incremental near-prime and non-prime automotive loans out of their existing business flow. Co. also operates as a third-party administrator that adjudicates insurance claims and premium adjustments on those automotive loans. Co.'s product LPP, is an automotive lending program designed to underwrite default insurance on loans made to near-prime and non-prime borrowers. The program uses risk-based pricing models and links automotive lenders and insurance companies. The LPRO average annual return since 2018 is shown above.
The Average Annual Return on the LPRO 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 LPRO 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 LPRO average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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