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Ace Global Business Acquisition Limited (ACBA)

Equity · Currency in USD · Last updated Aug 6, 2022

Company Info

ISINVGG0083E1025
SectorFinancial Services
IndustryShell Companies

Trading Data

Previous Close$10.35
EMA (50)$10.30
EMA (200)$10.18
Average Volume$8.73K
Market Capitalization$62.66M

ACBAShare Price Chart


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ACBAPerformance

The chart shows the growth of $10,000 invested in Ace Global Business Acquisition Limited in May 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,615 for a total return of roughly 6.15%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%MarchAprilMayJuneJulyAugust
2.07%
-8.32%
ACBA (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)

ACBAReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M0.49%8.19%
6M2.12%-7.42%
YTD1.97%-13.03%
1Y4.02%-4.99%
5YN/AN/A
10YN/AN/A

ACBAMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-0.30%0.20%0.59%0.39%0.29%0.29%0.39%0.10%
20211.65%1.41%-1.00%0.10%0.90%0.98%-0.67%0.69%

ACBASharpe 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 chart below displays rolling 12-month Sharpe Ratio.


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ACBADividend History


Ace Global Business Acquisition Limited doesn't pay dividends

ACBADrawdowns Chart

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


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust0
-13.58%
ACBA (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)

ACBAWorst 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 1.34%, recorded on Jul 26, 2021. It took 18 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-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
-0.3%Sep 21, 20211Sep 21, 20216Oct 1, 20217
-0.19%May 26, 20221May 26, 20221May 27, 20222
-0.1%Mar 16, 20221Mar 16, 20221Mar 17, 20222
-0.1%Mar 24, 20221Mar 24, 20222Mar 28, 20223

ACBAVolatility Chart

Current Ace Global Business Acquisition Limited volatility is 1.62%. 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%MarchAprilMayJuneJulyAugust
1.62%
19.67%
ACBA (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)