+8.5%
AAL vs GAP
-7.7%
+16.2%
-37.4%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.1% | -2.0% | +1.9% | +0.7% |
| 7D | +3.4% | -9.3% | +12.8% | +7.2% |
| 30D | +11.7% | -5.5% | +17.2% | +14.0% |
| 3M | -7.8% | +3.5% | -11.3% | -9.5% |
| 6M | +10.2% | +0.7% | +9.6% | +6.8% |
| YTD | -8.0% | -13.4% | +5.3% | -4.8% |
| 1Y | +8.5% | -7.7% | +16.2% | +8.5% |
| All | +8.5% | -7.7% | +16.2% | +8.5% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling