Performance analysis of Fortune Rise Acquisition Corp - Units (1 Ord Share & 1/2 War) (FRLAU)
Annual Return
Over the past 3 years, FRLAU has had an average annual return of +2.93%, underperforming the benchmark SPY, which returned +22.45% annual.
Since Nov 3, 2021, FRLAU has had an average annual return of +3.40%, underperforming the benchmark SPY, which returned +12.65% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +3.18% | +0% | +0.44% | +10.69% | +0.69% | +0.90% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.18% | +0% | +0% | +0% | +0% | +3.18% | |||||||
| 2025 | +0% | +0% | |||||||||||
| 2024 | -2.93% | +0% | +0% | +5.03% | +0% | +0% | -3.83% | +1.80% | +0.62% | +3.18% | -3.08% | +0% | +0.44% |
| 2023 | +2.06% | +0% | +1.25% | +1.42% | +0.38% | +5.22% | +0% | +0% | +0% | +0% | +0% | +0% | +10.69% |
| 2022 | -0.69% | +0.40% | +0.50% | +0.49% | +0.09% | -0.97% | +0.79% | -0.99% | +1.18% | -0.19% | +0.19% | -0.09% | +0.69% |
| 2021 | +0.60% | +0.30% | +0.90% |
Drawdown analysis of Fortune Rise Acquisition Corp - Units (1 Ord Share & 1/2 War) (FRLAU)
The maximum drawdown for the FRLAU was -5.05%, occurring on May 18, 2023. Recovery took 230 trading sessions.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -5.05% | May 12, 2023 | 4 | May 18, 2023 | 230 | Apr 19, 2024 | 234 |
| -3.83% | Apr 19, 2024 | 68 | Jul 29, 2024 | 46 | Oct 2, 2024 | 114 |
| -3.08% | Oct 2, 2024 | 28 | Nov 11, 2024 | Ongoing | Ongoing | Ongoing |
| -1.17% | May 31, 2022 | 12 | Jun 16, 2022 | 83 | Oct 14, 2022 | 95 |
| -1.08% | Apr 14, 2022 | 26 | May 23, 2022 | 5 | May 31, 2022 | 31 |
| -0.89% | Dec 14, 2021 | 31 | Jan 28, 2022 | 39 | Mar 25, 2022 | 70 |
| -0.79% | Apr 6, 2022 | 2 | Apr 8, 2022 | 4 | Apr 14, 2022 | 6 |
| -0.69% | Nov 24, 2021 | 8 | Dec 7, 2021 | 5 | Dec 14, 2021 | 13 |
| -0.58% | Oct 14, 2022 | 10 | Oct 28, 2022 | 47 | Jan 6, 2023 | 57 |
| -0.30% | Mar 25, 2022 | 1 | Mar 28, 2022 | 6 | Apr 5, 2022 | 7 |
| -0.28% | May 5, 2023 | 1 | May 8, 2023 | 4 | May 12, 2023 | 5 |
| -0.20% | Nov 5, 2021 | 1 | Nov 8, 2021 | 1 | Nov 9, 2021 | 2 |
| -0.19% | Jan 6, 2023 | 3 | Jan 11, 2023 | 33 | Mar 1, 2023 | 36 |
| -0.10% | Nov 16, 2021 | 1 | Nov 17, 2021 | 2 | Nov 19, 2021 | 3 |