-65.1%
AAL vs GAP
+28.3%
-93.4%
-84.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.2% | -4.6% | +4.8% | +2.0% |
| 7D | -1.3% | -3.2% | +1.9% | -0.2% |
| 30D | -13.7% | -0.7% | -13.0% | -14.1% |
| 3M | -8.2% | -0.5% | -7.7% | -8.8% |
| 6M | +13.1% | -5.0% | +18.1% | +13.2% |
| YTD | -15.6% | -14.7% | -0.9% | -12.5% |
| 1Y | +1.4% | -8.6% | +10.1% | +1.9% |
| 3Y | -7.4% | +108.4% | -115.8% | -41.7% |
| 5Y | -35.9% | +5.8% | -41.7% | -50.7% |
| 10Y | -65.1% | +29.6% | -94.8% | -81.4% |
| All | -65.1% | +28.3% | -93.4% | -81.4% |
Cumulative growth
Daily Returns
Daily percentage return beside GAP.
Daily Out/Under-Performance
Portfolio return minus GAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × GAP return. Early observations use the first valid beta; later observations use the trailing beta estimated for each date.
Cumulative Out/Under-Performance
Relative wealth over 10y: compounded portfolio wealth divided by compounded GAP wealth, less one. Both series rebase at the selected span's start.
Cumulative Alpha
Compounded beta-adjusted residual returns apply the first valid beta to early observations, then the trailing beta ending on each date.
Updating return analytics…
10y analysis · Full analysis span regression · 6 months rolling