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Ares Acquisition Corporation (AAC)

Equity · Currency in USD · Last updated Oct 1, 2022

Company Info

ISINKYG330321061
CUSIP000307108
SectorFinancial Services
IndustryShell Companies

Trading Data

Previous Close$9.94
Year Range$9.70 - $9.94
EMA (50)$9.89
EMA (200)$9.83
Average Volume$468.24K
Market Capitalization$1.24B

AACShare Price Chart


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AACPerformance

The chart shows the growth of $10,000 invested in Ares Acquisition Corporation in Mar 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,061 for a total return of roughly 0.61%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%MayJuneJulyAugustSeptember
1.23%
-21.75%
AAC (Ares Acquisition Corporation)
Benchmark (^GSPC)

AACReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M0.20%-10.05%
6M1.22%-20.85%
YTD1.95%-24.77%
1Y1.95%-17.75%
5Y0.40%-5.53%
10Y0.40%-5.53%

AACMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-0.21%0.31%0.62%0.10%-0.10%0.20%0.41%0.41%0.20%
20210.30%-0.71%-0.61%-0.20%0.31%-0.72%0.31%1.03%-0.51%-0.51%

AACSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Ares Acquisition Corporation Sharpe ratio is 0.90. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.00MayJuneJulyAugustSeptember
0.90
-0.77
AAC (Ares Acquisition Corporation)
Benchmark (^GSPC)

AACDividend History


Ares Acquisition Corporation doesn't pay dividends

AACDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2022FebruaryMarchAprilMayJuneJulyAugustSeptember
-0.70%
-25.25%
AAC (Ares Acquisition Corporation)
Benchmark (^GSPC)

AACWorst Drawdowns

The table below shows the maximum drawdowns of the Ares Acquisition Corporation. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Ares Acquisition Corporation is 3.30%, recorded on Aug 19, 2021. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-3.3%Apr 6, 202196Aug 19, 2021
-1.91%Mar 29, 20214Apr 1, 20211Apr 5, 20215

AACVolatility Chart

Current Ares Acquisition Corporation volatility is 1.92%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%MayJuneJulyAugustSeptember
1.92%
19.40%
AAC (Ares Acquisition Corporation)
Benchmark (^GSPC)