Romeo Power is an energy storage technology company focused on designing and manufacturing lithium-ion battery modules and packs for vehicle electrification. Co.'s modules and packs are customizable and are optimized by Co.'s proprietary battery management system. Co.'s business is primarily focused on marketing mobility energy technology for medium and heavy duty commercial vehicles in Classes four to eight. Co. has collaborated with Heritage Environmental Services, Inc. to focus on applications of its batteries, and Co. has an alliance with Republic Services Group Inc. to cooperate in opportunities to incorporate battery technology into its fleet operations. The RMO average annual return since 2019 is shown above.
The Average Annual Return on the RMO average annual return since 2019 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 RMO average annual return since 2019 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 RMO average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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