PortfoliosLab logo

Ace Global Business Acquisition Limited (ACBAU)

Equity · Currency in USD · Last updated Sep 24, 2022

Company Info

ISINVGG0083E1280
SectorFinancial Services
IndustryShell Companies

Trading Data

Previous Close$10.43
Year Range$9.76 - $10.90
EMA (50)$10.41
EMA (200)$10.44
Average Volume$530.00
Market Capitalization$60.84M

ACBAUShare Price Chart


Chart placeholderClick Calculate to get results

ACBAUPerformance

The chart shows the growth of $10,000 invested in Ace Global Business Acquisition Limited in Apr 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,357 for a total return of roughly 3.57%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%5.00%AprilMayJuneJulyAugustSeptember0
-19.29%
ACBAU (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)

ACBAUReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M0.29%-10.55%
6M1.86%-18.29%
YTD-0.86%-22.51%
1Y0.38%-15.98%
5Y2.41%-6.45%
10Y2.41%-6.45%

ACBAUMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-2.66%0.00%6.40%0.00%0.00%-5.64%0.78%0.39%0.29%
20210.89%1.28%3.05%-1.08%-1.43%1.55%0.00%0.19%0.00%

ACBAUSharpe 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 0.03. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-0.500.000.50MayJuneJulyAugustSeptember
0.03
-0.78
ACBAU (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)

ACBAUDividend History


Ace Global Business Acquisition Limited doesn't pay dividends

ACBAUDrawdowns Chart

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


-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugustSeptember
-7.04%
-23.00%
ACBAU (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)

ACBAUWorst 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

ACBAUVolatility Chart

Current Ace Global Business Acquisition Limited volatility is 0.00%. 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%AprilMayJuneJulyAugustSeptember0
23.28%
ACBAU (Ace Global Business Acquisition Limited)
Benchmark (^GSPC)