BrainChip Holdings Ltd (ASX: BRN) shares have rocketed ahead in the past year.
The artificial intelligence company's share price has leapt 80% from 49.5 cents at market close on 25 October last year to its current share price of 89 cents. In today's trade, BrainChip shares are up another 2.3%.
So what would my investment be worth now if I had invested in this ASX technology share at the start of the year?
Image source: Getty Images
Good investment?
Let's imagine I had invested $1,000 in BrainChip shares after market close on 25 October 2021. I would have walked away with 2,020 shares with ten cents left over.
Today, these shares are fetching 89 cents a share, based on the share price at the time of writing. So this investment would now be worth $1,797.80.
If I'd invested $10,000 in BrainChip shares a year ago, my investment would now be fetching $17,978.
Looking at the bigger picture for BrainChip shares, on 19 January 2022, the company's share price hit a high of $2.13.
At that time, my $1,000 investment would have been worth a mammoth $4,302.6 If I had cashed in, I could have walked away with a more than $3,300 profit from a $1,000 investment.
Overall, if I had invested in BrainChip shares a year ago, I would certainly be happy with my investment.
Currently, BrainChip does not pay any dividends and has never done so in the past. As my Foolish colleague James reported last week, short sellers have also been targeting BrainChip shares of late.
Brain Chip share price snapshot
BrainChip shares have soared 31% in the year to date, climbing 3% in the past month.
For perspective, the S&P/ASX 200 Index (ASX: XJO) has shed around 8% year to date.
The company has a market capitalisation of about $1.5 billion based on the current share price
