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Ares Acquisition Corporation (AAC)

Equity · Currency in USD · Last updated Feb 4, 2023

Company Info

ISINKYG330321061
CUSIP000307108
SectorFinancial Services
IndustryShell Companies

Trading Data

Previous Close$10.19
Year Range$9.74 - $10.19
EMA (50)$10.10
EMA (200)$9.96
Average Volume$1.13M
Market Capitalization$1.27B

AACShare Price Chart


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AACPerformance

The chart shows the growth of $10,000 invested in Ares Acquisition Corporation in Sep 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,324 for a total return of roughly 3.24%. All prices are adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%OctoberNovemberDecember2023February
3.03%
4.28%
AAC (Ares Acquisition Corporation)
Benchmark (^GSPC)

AACCompare to other instruments

Search for stocks, ETFs, and funds to compare with AAC

Ares Acquisition Corporation

AACReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M0.79%8.17%
YTD1.19%7.73%
6M3.24%-0.37%
1Y4.30%-9.87%
5Y1.73%3.08%
10Y1.73%3.08%

AACMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20230.89%
20220.41%0.20%0.40%0.50%0.50%

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 2.22. A Sharpe ratio higher than 2.0 is considered very good.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.001.502.002.50OctoberNovemberDecember2023February
2.22
-0.41
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%OctoberNovemberDecember2023February0
-13.76%
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. It took 318 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-3.3%Apr 6, 202196Aug 19, 2021318Nov 22, 2022414
-1.91%Mar 29, 20214Apr 1, 20211Apr 5, 20215
-0.2%Dec 20, 20224Dec 23, 20221Dec 27, 20225
-0.2%Dec 30, 20221Dec 30, 20221Jan 3, 20232
-0.2%Jan 17, 20231Jan 17, 20237Jan 26, 20238
-0.1%Nov 28, 20221Nov 28, 20221Nov 29, 20222
-0.1%Dec 5, 20221Dec 5, 20221Dec 6, 20222
-0.1%Dec 8, 20221Dec 8, 20221Dec 9, 20222
-0.1%Dec 12, 20221Dec 12, 20223Dec 15, 20224
-0.1%Dec 28, 20221Dec 28, 20221Dec 29, 20222

AACVolatility Chart

Current Ares Acquisition Corporation volatility is 2.32%. 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%OctoberNovemberDecember2023February
2.32%
16.33%
AAC (Ares Acquisition Corporation)
Benchmark (^GSPC)