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Ace Global Business Acquisition Limited (ACBA)

Equity · Currency in USD · Last updated Mar 26, 2023

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Ace Global Business Acquisition Limited in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $11,118 for a total return of roughly 11.18%. All prices are adjusted for splits and dividends.


-15.00%-10.00%-5.00%0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
11.18%
-5.48%
ACBA (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)

S&P 500

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Return

Ace Global Business Acquisition Limited had a return of 2.07% year-to-date (YTD) and 6.38% in the last 12 months. Over the past 10 years, Ace Global Business Acquisition Limited had an annualized return of 7.14%, while the S&P 500 had an annualized return of -3.60%, indicating that Ace Global Business Acquisition Limited did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month0.46%-0.66%
Year-To-Date2.07%3.42%
6 months3.93%5.67%
1 year6.38%-10.89%
5 years (annualized)7.14%-3.60%
10 years (annualized)7.14%-3.60%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20231.51%-0.09%
20220.29%0.67%0.86%0.28%

Sharpe 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 Ace Global Business Acquisition Limited Sharpe ratio is 1.17. A Sharpe ratio greater than 1.0 is considered acceptable.

The chart below displays rolling 12-month Sharpe Ratio.


-1.000.001.002.003.004.00NovemberDecember2023FebruaryMarch
1.17
-0.47
ACBA (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)

Dividend History


Ace Global Business Acquisition Limited doesn't pay dividends

Drawdowns 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%NovemberDecember2023FebruaryMarch
-1.90%
-17.21%
ACBA (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Ace Global Business Acquisition Limited. 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 Ace Global Business Acquisition Limited is 3.89%, recorded on Dec 30, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-3.89%Dec 30, 20221Dec 30, 2022
-1.34%Jul 1, 20214Jul 26, 202118Sep 20, 202122
-1.17%Oct 5, 20212Oct 6, 20212Oct 8, 20214
-1.16%Oct 11, 20213Oct 14, 20211Oct 18, 20214
-1.08%Oct 26, 20211Oct 26, 202166Mar 4, 202267
-0.5%Jun 7, 20211Jun 7, 20219Jun 22, 202110
-0.5%Jun 23, 20211Jun 23, 20211Jun 24, 20212
-0.47%Dec 20, 20221Dec 20, 20225Dec 28, 20226
-0.3%Sep 21, 20211Sep 21, 20216Oct 1, 20217
-0.29%Oct 19, 20221Oct 19, 20225Oct 26, 20226

Volatility Chart

Current Ace Global Business Acquisition Limited volatility is 1.07%. 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%NovemberDecember2023FebruaryMarch
1.07%
19.50%
ACBA (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)