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Ace Global Business Acquisition Limited (ACBAU)

Equity · Currency in USD · Last updated Apr 1, 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 $10,834 for a total return of roughly 8.34%. All prices are adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
8.34%
0.87%
ACBAU (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)

S&P 500

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Return

Ace Global Business Acquisition Limited had a return of 5.00% year-to-date (YTD) and 0.14% in the last 12 months. Over the past 10 years, Ace Global Business Acquisition Limited had an annualized return of 4.11%, outperforming the S&P 500 benchmark which had an annualized return of 0.44%.


PeriodReturnBenchmark
1 month5.41%3.51%
Year-To-Date5.00%7.03%
6 months4.60%12.88%
1 year0.14%-10.71%
5 years (annualized)4.11%0.44%
10 years (annualized)4.11%0.44%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20233.95%-4.17%
20220.29%0.38%0.38%-1.14%

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 0.01. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.50NovemberDecember2023FebruaryMarch
0.01
-0.46
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.


-25.00%-20.00%-15.00%-10.00%-5.00%NovemberDecember2023FebruaryMarch
-2.76%
-14.33%
ACBAU (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 13.01%, recorded on Nov 15, 2021. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-13.01%Jul 22, 202182Nov 15, 2021
-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
-0.49%May 13, 20211May 13, 20212May 17, 20213
-0.47%Apr 21, 20212Apr 22, 202113May 11, 202115
-0.29%May 19, 20211May 19, 20215May 26, 20216

Volatility Chart

Current Ace Global Business Acquisition Limited volatility is 5.84%. 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
5.84%
15.42%
ACBAU (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)