Twin Vee PowerCats is a designer, manufacturer and marketer of recreational and commercial power catamaran boats. Co. has organized its business into three operating segments: gas-powered boat segment, which manufactures and distributes gas-powered boats; electric-powered boat segment, which is developing electric boats, through its majority owned subsidiary, Forza X1, Inc.; and franchise segment, which is developing a standard product offering and will be selling franchises across the U.S. through its wholly owned subsidiary, Fix My Boat, Inc. Co.'s gas-powered boats allow consumers to use them for a wide range of recreational activities. The VEEE average annual return since 2021 is shown above.
The Average Annual Return on the VEEE average annual return since 2021 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 VEEE average annual return since 2021 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 VEEE average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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