-27.6%
AAL vs GAP
+119.0%
-146.6%
-97.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.1% | -0.8% | -0.2% | -0.7% |
| 7D | -0.1% | -1.9% | +1.8% | +0.9% |
| 30D | +11.7% | -7.1% | +18.8% | +15.5% |
| 3M | -12.5% | +4.1% | -16.7% | -15.2% |
| 6M | +3.6% | +1.9% | +1.7% | +0.2% |
| YTD | -14.1% | -15.2% | +1.1% | -10.4% |
| 1Y | +0.8% | -10.6% | +11.4% | +2.1% |
| 3Y | +11.8% | +74.6% | -62.8% | -32.1% |
| 5Y | -35.1% | +3.7% | -38.8% | -54.1% |
| 10Y | -68.3% | +2.4% | -70.7% | -83.5% |
| All | -27.6% | +119.0% | -146.6% | -83.9% |
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