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Ace Global Business Acquisition Limited (ACBA)

Equity · Currency in USD · Last updated Nov 29, 2022

Company Info

ISINVGG0083E1025
SectorFinancial Services
IndustryShell Companies

Trading Data

Previous Close$10.58
Year Range$10.07 - $10.58
EMA (50)$10.50
EMA (200)$10.34
Average Volume$8.41K
Market Capitalization$64.02M

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 $10,846 for a total return of roughly 8.46%. All prices are adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%JulyAugustSeptemberOctoberNovember
2.97%
-3.34%
ACBA (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)

ACBACompare to other instruments

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

ACBAReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M0.62%1.61%
6M2.97%-4.67%
YTD4.19%-16.83%
1Y4.91%-12.24%
5Y6.89%-4.66%
10Y6.89%-4.66%

ACBAMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-0.30%0.20%0.59%0.39%0.29%0.29%0.39%0.58%0.29%0.67%0.71%
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 current Ace Global Business Acquisition Limited Sharpe ratio is 1.77. A Sharpe ratio greater than 1.0 is considered acceptable.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.001.502.00Sep 18Sep 25Oct 02Oct 09Oct 16Oct 23Oct 30Nov 06Nov 13Nov 20Nov 27
1.77
-0.49
ACBA (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)

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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember0
-17.36%
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
-0.29%Oct 19, 20221Oct 19, 20225Oct 26, 20226
-0.19%May 26, 20221May 26, 20221May 27, 20222
-0.19%Aug 22, 20221Aug 22, 202213Sep 9, 202214

ACBAVolatility Chart

Current Ace Global Business Acquisition Limited 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%JulyAugustSeptemberOctoberNovember
2.32%
14.31%
ACBA (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)