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Belong Acquisition Corp. (BLNGU)

Equity · Currency in USD · Last updated Mar 28, 2023

Share Price Chart


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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 $10,050 for a total return of roughly 0.50%. All prices are adjusted for splits and dividends.


-15.00%-10.00%-5.00%0.00%5.00%NovemberDecember2023FebruaryMarch
0.50%
-8.74%
BLNGU (Belong Acquisition Corp.)
Benchmark (^GSPC)

S&P 500

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Belong Acquisition Corp.

Return

Belong Acquisition Corp. had a return of -2.05% year-to-date (YTD) and 1.67% in the last 12 months. Over the past 10 years, Belong Acquisition Corp. had an annualized return of 0.30%, while the S&P 500 had an annualized return of -5.31%, indicating that Belong Acquisition Corp. did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-0.15%0.19%
Year-To-Date-2.05%3.59%
6 months1.93%7.70%
1 year1.67%-12.45%
5 years (annualized)0.30%-5.31%
10 years (annualized)0.30%-5.31%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20232.00%-3.97%
2022-0.18%0.79%0.40%2.70%

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 0.18. 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
0.18
-0.52
BLNGU (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
-4.42%
-17.08%
BLNGU (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 4.90%, recorded on Jan 27, 2023. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-4.9%Jan 27, 20231Jan 27, 2023
-3.22%Jan 6, 20237Jan 17, 20236Jan 25, 202313
-2.58%Dec 16, 20221Dec 16, 20226Dec 27, 20227
-1.7%Nov 30, 202160Feb 24, 2022173Nov 1, 2022233
-1.4%Jul 23, 202124Aug 25, 202149Nov 3, 202173
-1.2%Nov 18, 20223Nov 22, 20221Nov 23, 20224
-0.8%Nov 9, 20211Nov 9, 20212Nov 11, 20213
-0.6%Nov 25, 20222Nov 28, 202212Dec 14, 202214
-0.3%Nov 23, 20211Nov 23, 20211Nov 24, 20212
-0.2%Nov 17, 20211Nov 17, 20213Nov 22, 20214

Volatility Chart

Current Belong Acquisition Corp. volatility is 2.10%. 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%50.00%NovemberDecember2023FebruaryMarch
2.10%
17.88%
BLNGU (Belong Acquisition Corp.)
Benchmark (^GSPC)