Performance analysis of Minority Equality Opportunities Acquisition (MEOA)
Annual Return
Over the past 3 years, MEOA has had an average annual return of +0%, underperforming the benchmark SPY, which returned +4.82% annual.
Since Oct 18, 2021, MEOA has had an average annual return of +76.53%, outperforming the benchmark SPY, which returned +1.43% annual.
| 2023 | 2022 | 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +155.68% | +4.02% | +0.60% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +2.60% | +0.94% | +0% | +1.30% | +143.71% | +0% | +0% | +155.68% | |||||
| 2022 | -0.10% | +0.41% | +0.30% | +0.49% | -0.39% | +0.80% | +0% | +0.08% | +0.02% | +0.89% | +0.68% | +0.78% | +4.02% |
| 2021 | +0.30% | +0.30% | +0% | +0.60% |
Drawdown analysis of Minority Equality Opportunities Acquisition (MEOA)
The maximum drawdown for the MEOA was -1.79%, occurring on May 19, 2023. Recovery took 3 trading sessions.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -1.79% | May 11, 2023 | 6 | May 19, 2023 | 3 | May 24, 2023 | 9 |
| -1.59% | Jan 19, 2022 | 6 | Jan 27, 2022 | 107 | Jul 1, 2022 | 113 |
| -0.84% | Feb 10, 2023 | 15 | Mar 6, 2023 | 8 | Mar 16, 2023 | 23 |
| -0.60% | Dec 22, 2022 | 3 | Dec 28, 2022 | 3 | Jan 3, 2023 | 6 |
| -0.58% | Dec 1, 2022 | 3 | Dec 6, 2022 | 12 | Dec 22, 2022 | 15 |
| -0.58% | Nov 15, 2022 | 1 | Nov 16, 2022 | 4 | Nov 22, 2022 | 5 |
| -0.58% | Nov 25, 2022 | 1 | Nov 28, 2022 | 3 | Dec 1, 2022 | 4 |
| -0.57% | Jan 23, 2023 | 3 | Jan 26, 2023 | 8 | Feb 7, 2023 | 11 |
| -0.55% | Jan 5, 2023 | 6 | Jan 13, 2023 | 5 | Jan 23, 2023 | 11 |
| -0.51% | Nov 12, 2021 | 23 | Dec 16, 2021 | 22 | Jan 19, 2022 | 45 |
| -0.50% | Jul 1, 2022 | 1 | Jul 5, 2022 | 27 | Aug 11, 2022 | 28 |
| -0.37% | Mar 16, 2023 | 5 | Mar 23, 2023 | 8 | Apr 4, 2023 | 13 |
| -0.30% | Nov 8, 2021 | 1 | Nov 9, 2021 | 3 | Nov 12, 2021 | 4 |
| -0.29% | Aug 12, 2022 | 16 | Sep 6, 2022 | 6 | Sep 14, 2022 | 22 |
| -0.29% | Sep 14, 2022 | 2 | Sep 16, 2022 | 13 | Oct 5, 2022 | 15 |
| -0.29% | Oct 19, 2022 | 1 | Oct 20, 2022 | 5 | Oct 27, 2022 | 6 |
| -0.19% | Oct 27, 2022 | 1 | Oct 28, 2022 | 1 | Oct 31, 2022 | 2 |
| -0.17% | Oct 22, 2021 | 1 | Oct 25, 2021 | 5 | Nov 1, 2021 | 6 |
| -0.15% | Oct 19, 2021 | 1 | Oct 20, 2021 | 2 | Oct 22, 2021 | 3 |
| -0.14% | Nov 22, 2022 | 1 | Nov 23, 2022 | 1 | Nov 25, 2022 | 2 |
| -0.10% | Nov 1, 2021 | 3 | Nov 4, 2021 | 2 | Nov 8, 2021 | 5 |
| -0.10% | Oct 5, 2022 | 1 | Oct 6, 2022 | 9 | Oct 19, 2022 | 10 |
| -0.10% | Nov 2, 2022 | 1 | Nov 3, 2022 | 8 | Nov 15, 2022 | 9 |