AAC+ Stock Summary and Trading Ideas (Ares Acquisition Redeemable Warrants Each Whole Warrant Exercisable For One Class A Ordinary Share At An Exercise Price Of $11.50 | :AAC+)

Ares Acquisition Redeemable Warrants Each Whole Warrant Exercisable For One Class A Ordinary Share At An Exercise Price Of $11.50 trades on the stock market under the symbol AAC+.

As of March 23, 2023, AAC+ stock price was flat at $0.88 with 200 million shares trading.

AAC+ has a beta of -0.39, meaning it tends to be less sensitive to market movements. AAC+ has a correlation of 0.00 to the broad based SPY ETF.

AAC+ has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

AAC+ has outperformed the market in the last year with a price return of +109.5% while the SPY ETF lost -10.5%. AAC+ has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +75.6% and 0.0%, respectively, while the SPY returned +4.4% and -0.4%, respectively.

AAC+ support price is $.84 and resistance is $.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AAC+ stock will trade within this expected range on the day.