-0.1%
APA vs GAP
+12.0%
-12.1%
-93.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.3% | -1.2% | +2.4% | +1.7% |
| 7D | -5.5% | -0.1% | -5.5% | -6.0% |
| 30D | -1.2% | -5.4% | +4.3% | +0.1% |
| 3M | +10.6% | +2.9% | +7.7% | +7.4% |
| 6M | +28.4% | -4.4% | +32.8% | +25.6% |
| YTD | +89.7% | -11.6% | +101.3% | +87.3% |
| 1Y | +90.6% | -6.0% | +96.6% | +82.7% |
| 3Y | +36.9% | +78.0% | -41.1% | -12.5% |
| 5Y | +83.2% | +8.5% | +74.7% | +31.4% |
| 10Y | -0.1% | +8.6% | -8.7% | -49.4% |
| All | -0.1% | +12.0% | -12.1% | -49.4% |
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