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Ace Global Business Acquisition Limited (ACBAU)

Equity · Currency in USD · Last updated Dec 2, 2023
SummaryFinancials

Company Info

ISINVGG0083E1280
SectorFinancial Services
IndustryShell Companies

Highlights

Market Cap$60.84M
EPS-$0.21
Year Range$10.08 - $12.71
Short Ratio5.56

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in Ace Global Business Acquisition Limited, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
19.51%
12.78%
ACBAU (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

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

Ace Global Business Acquisition Limited

Return

Ace Global Business Acquisition Limited had a return of 15.83% year-to-date (YTD) and 14.51% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date15.83%19.67%
1 month0.00%8.42%
6 months8.13%7.29%
1 year14.51%12.71%
5 years (annualized)N/A10.75%
10 years (annualized)N/A9.87%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20230.85%2.25%2.11%1.08%6.98%0.00%0.00%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for Ace Global Business Acquisition Limited (ACBAU) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ACBAU
Ace Global Business Acquisition Limited
0.63
^GSPC
S&P 500
0.91

Sharpe Ratio

The current Ace Global Business Acquisition Limited Sharpe ratio is 0.63. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio0.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.63
0.91
ACBAU (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.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-4.21%
ACBAU (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Ace Global Business Acquisition Limited. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Ace Global Business Acquisition Limited was 13.01%, occurring on Nov 15, 2021. Recovery took 446 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-13.01%Jul 22, 202182Nov 15, 2021446Aug 25, 2023528
-10.4%Sep 11, 20231Sep 11, 20231Sep 12, 20232
-1.89%Jun 2, 20212Jun 3, 20218Jun 15, 202110
-0.96%Apr 9, 20211Apr 9, 20217Apr 20, 20218
-0.67%Jun 22, 20211Jun 22, 20214Jun 28, 20215

Volatility Chart

The current Ace Global Business Acquisition Limited volatility is 0.00%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember0
2.79%
ACBAU (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)