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ACE Convergence Acquisition Corp. (ACEVU)

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

Company Info

ISINKYG0083D1126
CUSIPG0083D112
SectorFinancial Services
IndustryShell Companies

Trading Data

Previous Close$10.12
Year Range$9.45 - $11.26
EMA (50)$10.15
EMA (200)$10.29
Average Volume$693.26
Market Capitalization$286.35M

ACEVUShare Price Chart


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ACEVUPerformance

The chart shows the growth of $10,000 invested in ACE Convergence Acquisition Corp. on Jul 29, 2020 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $9,883 for a total return of roughly -1.17%. All prices are adjusted for splits and dividends.


ACEVU (ACE Convergence Acquisition Corp.)
Benchmark (^GSPC)

ACEVUReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M0.30%-4.48%
YTD-1.46%-20.36%
6M-2.69%-19.18%
1Y-7.24%-10.61%
5Y-0.62%9.05%
10Y-0.62%9.05%

ACEVUMonthly Returns Heatmap


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ACEVUSharpe 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 Convergence Acquisition Corp. Sharpe ratio is -0.41. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


ACEVU (ACE Convergence Acquisition Corp.)
Benchmark (^GSPC)

ACEVUDividend History


ACE Convergence Acquisition Corp. doesn't pay dividends

ACEVUDrawdowns Chart

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


ACEVU (ACE Convergence Acquisition Corp.)
Benchmark (^GSPC)

ACEVUWorst Drawdowns

The table below shows the maximum drawdowns of the ACE Convergence Acquisition Corp.. 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 Convergence Acquisition Corp. is 34.96%, recorded on Apr 14, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.96%Feb 17, 2021294Apr 14, 2022
-14.81%Jan 8, 202114Jan 28, 202110Feb 11, 202124
-4.41%Sep 22, 202029Oct 30, 202025Dec 7, 202054
-3.17%Dec 28, 20202Dec 29, 20201Dec 30, 20203
-3.13%Jul 29, 202023Aug 28, 202015Sep 21, 202038
-1.76%Dec 14, 20207Dec 22, 20201Dec 23, 20208
-1.45%Dec 31, 20201Dec 31, 20201Jan 4, 20212
-0.75%Feb 12, 20211Feb 12, 20211Feb 16, 20212
-0.29%Dec 8, 20201Dec 8, 20201Dec 9, 20202

ACEVUVolatility Chart

Current ACE Convergence Acquisition Corp. volatility is 8.39%. 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.


ACEVU (ACE Convergence Acquisition Corp.)
Benchmark (^GSPC)

Portfolios with ACE Convergence Acquisition Corp.


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