-27.8%
AAL vs GAP
+131.4%
-159.2%
-97.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.2% | +0.5% | +0.7% | +1.0% |
| 7D | -3.7% | -4.5% | +0.7% | -1.7% |
| 30D | -20.8% | +9.0% | -29.9% | -24.8% |
| 3M | -1.3% | +5.0% | -6.3% | -4.6% |
| 6M | +5.4% | -17.8% | +23.2% | +12.4% |
| YTD | -14.4% | -10.4% | -4.0% | -12.7% |
| 1Y | +2.1% | -3.4% | +5.5% | -0.4% |
| 3Y | -10.6% | +111.5% | -122.0% | -51.1% |
| 5Y | -32.2% | +8.8% | -41.0% | -53.2% |
| 10Y | -62.7% | +32.9% | -95.6% | -83.8% |
| All | -27.8% | +131.4% | -159.2% | -84.2% |
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 all: 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…
all analysis · Full analysis span regression · 6 months rolling