PureCycle Technologies commercializes a purification recycling technology for restoring waste polypropylene into resin, called ultra-pure recycled resin, which has applicability for reuse as virgin polypropylene. The purification step is a purification recycling process that uses a combination of solvent, temperature, and pressure to return the feedstock to near-virgin condition through a configuration of commercially available equipment and unit operations. The purification process puts the plastic through a physical extraction process using fluids that both extract and filter out contaminants and purify the color, opacity, and odor of the plastic without changing the bonds of the polymer. The PCT average annual return since 2020 is shown above.
The Average Annual Return on the PCT average annual return since 2020 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 PCT average annual return since 2020 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 PCT average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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