Ace Global Business Performance
| ACBADelisted Stock | USD 11.34 0.00 0.00% |
The firm shows a Beta (market volatility) of -0.0107, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ace Global are expected to decrease at a much lower rate. During the bear market, Ace Global is likely to outperform the market. Ace Global Business right now shows a risk of 0.0%. Please confirm Ace Global Business total risk alpha, value at risk, and the relationship between the information ratio and treynor ratio , to decide if Ace Global Business will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Ace Global Business has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong fundamental drivers, Ace Global is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 91.4 K |
Ace |
Ace Global Relative Risk vs. Return Landscape
If you would invest 1,134 in Ace Global Business on September 2, 2024 and sell it today you would earn a total of 0.00 from holding Ace Global Business or generate 0.0% return on investment over 90 days. Ace Global Business is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Ace, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Ace Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ace Global's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ace Global Business, and traders can use it to determine the average amount a Ace Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Ace Global is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ace Global by adding Ace Global to a well-diversified portfolio.
Ace Global Fundamentals Growth
Ace Stock prices reflect investors' perceptions of the future prospects and financial health of Ace Global, and Ace Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ace Stock performance.
| Return On Asset | -0.0272 | |||
| Current Valuation | 46.15 M | |||
| Shares Outstanding | 3.43 M | |||
| Price To Book | 2.53 X | |||
| EBITDA | (1.46 M) | |||
| Cash And Equivalents | 82.13 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 2.71 M | |||
| Debt To Equity | 0.07 % | |||
| Book Value Per Share | (2.01) X | |||
| Cash Flow From Operations | (1.36 M) | |||
| Earnings Per Share | (0.06) X | |||
| Total Asset | 23.4 M | |||
| Retained Earnings | (6.88 M) | |||
About Ace Global Performance
By analyzing Ace Global's fundamental ratios, stakeholders can gain valuable insights into Ace Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ace Global has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Ace Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ace Global Business Acquisition Limited does not have significant operations. The company was incorporated in 2020 and is based in Central, Hong Kong. Ace Global is traded on NASDAQ Exchange in the United States.Things to note about Ace Global Business performance evaluation
Checking the ongoing alerts about Ace Global for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ace Global Business help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ace Global Business is not yet fully synchronised with the market data | |
| Ace Global Business has a very high chance of going through financial distress in the upcoming years | |
| Ace Global Business currently holds 2.71 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. Ace Global Business has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Ace Global's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (227.22 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Ace Global Business currently holds about 82.13 K in cash with (1.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 47.0% of Ace Global shares are held by company insiders |
- Analyzing Ace Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ace Global's stock is overvalued or undervalued compared to its peers.
- Examining Ace Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ace Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ace Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ace Global's stock. These opinions can provide insight into Ace Global's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in Ace Stock
If you are still planning to invest in Ace Global Business check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ace Global's history and understand the potential risks before investing.
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