ACBAW Stock Summary and Trading Ideas (Ace Global Business Acquisition Limited - Warrant | :ACBAW)

Ace Global Business Acquisition Limited - Warrant trades on the stock market under the symbol ACBAW.

As of April 16, 2024, ACBAW stock price was flat at $0.04 with million shares trading.

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

ACBAW stock has underperformed the market in the last year with a return of -11.1%, while SPY returned +23.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ACBAW shares. However, ACBAW has outperformed the market in the last 3 month and 2 week periods, returning +34.2% and +100.0%, while SPY returned +5.9% and -3.6%, respectively. This indicates ACBAW has been having a stronger performance recently.

ACBAW support price is $.04 and resistance is $.04 (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 ACBAW stock will trade within this expected range on the day.