New Relic is a platform that enables Co.'s customers to plan, build, deploy, and operate their critical digital infrastructure by harnessing the power of data. Co. hosts its applications and serves its customers through a combination of cloud service providers and to a lesser extent its data centers whose infrastructure is managed by third parties. Co. continue to build out services and functionality in the public cloud with a view to migrate its entire platform to the public cloud. Co. maintains a security program designed to ensure the security and integrity of its data, protect against security threats or data breaches, and prevent unauthorized access to the data of its customers. The NEWR average annual return since 2014 is shown above.
The Average Annual Return on the NEWR average annual return since 2014 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 NEWR average annual return since 2014 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 NEWR average annual return calculation with any dividends reinvested as applicable (on ex-dates).
|