-7.7%
AAL vs GAP
+113.8%
-121.4%
-51.4%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.7% | -0.2% | -1.5% | -1.6% |
| 7D | -0.3% | +1.7% | -2.0% | -0.8% |
| 30D | -19.0% | +9.3% | -28.3% | -21.2% |
| 3M | -5.1% | +6.1% | -11.2% | -7.0% |
| 6M | +15.5% | -2.3% | +17.8% | +14.8% |
| YTD | -15.8% | -10.6% | -5.2% | -14.5% |
| 1Y | -0.3% | -4.4% | +4.1% | -0.7% |
| 3Y | -7.7% | +118.3% | -126.0% | -23.1% |
| All | -7.7% | +113.8% | -121.4% | -23.1% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling