PortfoliosLab logo

Belong Acquisition Corp. (BLNG)

Equity · Currency in USD · Last updated Mar 22, 2023

Share Price Chart


Loading data...

Performance

The chart shows the growth of $10,000 invested in Belong Acquisition Corp. in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,330 for a total return of roughly 3.30%. All prices are adjusted for splits and dividends.


-15.00%-10.00%-5.00%0.00%5.00%NovemberDecember2023FebruaryMarch
3.30%
-7.93%
BLNG (Belong Acquisition Corp.)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

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

Belong Acquisition Corp.

Return

Belong Acquisition Corp. had a return of 1.31% year-to-date (YTD) and 2.66% in the last 12 months. Over the past 10 years, Belong Acquisition Corp. had an annualized return of 2.27%, while the S&P 500 had an annualized return of -5.56%, indicating that Belong Acquisition Corp. did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month0.50%-1.87%
Year-To-Date1.31%4.25%
6 months1.62%2.64%
1 year2.66%-10.31%
5 years (annualized)2.27%-5.56%
10 years (annualized)2.27%-5.56%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20231.01%-0.50%
20220.00%0.81%0.60%-1.10%

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 Belong Acquisition Corp. Sharpe ratio is 0.48. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.001.502.002.50NovemberDecember2023FebruaryMarch
0.48
-0.44
BLNG (Belong Acquisition Corp.)
Benchmark (^GSPC)

Dividend History


Belong Acquisition Corp. 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%0.00%NovemberDecember2023FebruaryMarch
-2.07%
-16.55%
BLNG (Belong Acquisition Corp.)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Belong 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 Belong Acquisition Corp. is 4.03%, recorded on Dec 22, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-4.03%Dec 14, 20227Dec 22, 2022
-1.57%Nov 19, 202135Jan 19, 2022129Jul 26, 2022164
-0.72%Oct 7, 202120Nov 10, 20216Nov 18, 202126
-0.4%Aug 26, 20228Sep 7, 202219Oct 4, 202227
-0.31%Sep 21, 20211Sep 21, 20218Oct 1, 20219
-0.3%Aug 18, 20221Aug 18, 20222Aug 22, 20223
-0.3%Nov 11, 20223Nov 15, 202211Dec 1, 202214
-0.22%Oct 27, 20222Oct 28, 20222Nov 1, 20224
-0.2%Oct 18, 20221Oct 18, 20223Oct 21, 20224
-0.1%Nov 7, 20221Nov 7, 20222Nov 9, 20223

Volatility Chart

Current Belong Acquisition Corp. volatility is 4.20%. 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
4.20%
22.09%
BLNG (Belong Acquisition Corp.)
Benchmark (^GSPC)