MongoDB is a developer data platform company. Co.'s products include: MongoDB Atlas, which is a managed multi-cloud database-as-a-service offering that includes an integrated set of database and related services; and MongoDB Enterprise Advanced, which is a proprietary self-managed commercial offering for enterprise customers that can run in the cloud, on-premises or in a hybrid environment. MongoDB Atlas provides customers with a managed offering that includes automated provisioning and healing, system monitoring, managed backup and restore, default security and other features. MongoDB Enterprise Advanced is Co.'s subscription package that includes a commercial license to its platform. The MDB average annual return since 2017 is shown above.
The Average Annual Return on the MDB 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 MDB 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 MDB average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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