ACE Convergence Acquisition Performance
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and ACE Convergence are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days ACE Convergence Acquisition has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable technical and fundamental indicators, ACE Convergence is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 792.4 K |
ACE |
ACE Convergence Relative Risk vs. Return Landscape
If you would invest (100.00) in ACE Convergence Acquisition on December 17, 2024 and sell it today you would earn a total of 100.00 from holding ACE Convergence Acquisition or generate -100.0% return on investment over 90 days. ACE Convergence Acquisition 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 |
| Risk |
ACE Convergence Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACE Convergence's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ACE Convergence Acquisition, and traders can use it to determine the average amount a ACE Convergence'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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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| ACEV |
Based on monthly moving average ACE Convergence 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 Convergence by adding ACE Convergence to a well-diversified portfolio.
ACE Convergence Fundamentals Growth
ACE Stock prices reflect investors' perceptions of the future prospects and financial health of ACE Convergence, and ACE Convergence 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 | -0.025 | |||
| Current Valuation | 85.62 M | |||
| Shares Outstanding | 2.74 M | |||
| Price To Earning | 3.47 X | |||
| Price To Book | 1.40 X | |||
| EBITDA | (19.67 M) | |||
| Cash And Equivalents | 8.39 K | |||
| Total Debt | 2.61 M | |||
| Debt To Equity | 3.15 % | |||
| Book Value Per Share | (5.00) X | |||
| Cash Flow From Operations | (1.31 M) | |||
| Earnings Per Share | 2.58 X | |||
| Total Asset | 231.23 M | |||
Things to note about ACE Convergence Acqu performance evaluation
Checking the ongoing alerts about ACE Convergence for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ACE Convergence Acqu help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ACE Convergence Acqu is not yet fully synchronised with the market data | |
| ACE Convergence Acqu has some characteristics of a very speculative penny stock | |
| ACE Convergence Acqu has a very high chance of going through financial distress in the upcoming years | |
| ACE Convergence Acquisition currently holds about 8.39 K in cash with (1.31 M) of positive cash flow from operations. |
- Analyzing ACE Convergence'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 Convergence's stock is overvalued or undervalued compared to its peers.
- Examining ACE Convergence'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 Convergence's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ACE Convergence's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ACE Convergence's stock. These opinions can provide insight into ACE Convergence'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 income. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in ACE Stock
If you are still planning to invest in ACE Convergence Acqu 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 Convergence's history and understand the potential risks before investing.
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