-4.1%
APA vs GAP
+27.6%
-31.7%
-93.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.7% | -2.1% | +1.4% | +0.1% |
| 7D | +0.8% | -6.3% | +7.1% | +3.0% |
| 30D | +9.6% | -0.2% | +9.9% | +8.9% |
| 3M | +18.0% | 0.0% | +18.0% | +16.3% |
| 6M | +41.9% | -8.1% | +50.0% | +40.8% |
| YTD | +86.3% | -16.5% | +102.8% | +89.7% |
| 1Y | +97.9% | -10.5% | +108.3% | +93.7% |
| 3Y | +12.8% | +104.0% | -91.2% | -32.1% |
| 5Y | +177.2% | +6.8% | +170.4% | +100.4% |
| All | -4.1% | +27.6% | -31.7% | -49.8% |
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