+185.0%
APD vs HBM
+301.8%
-116.8%
-31.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | HBM | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.4% | -3.7% | +4.1% | +0.9% |
| 7D | -0.2% | +2.4% | -2.6% | -0.6% |
| 30D | +11.0% | -16.0% | +27.0% | +13.5% |
| 3M | +2.0% | -21.3% | +23.3% | +5.0% |
| 6M | +7.1% | -12.2% | +19.3% | +7.2% |
| YTD | +29.8% | +10.7% | +19.1% | +23.2% |
| 1Y | +24.0% | +30.3% | -6.3% | +14.5% |
| 3Y | +27.2% | +432.2% | -405.1% | -10.9% |
| 5Y | +12.8% | +218.8% | -206.0% | -17.5% |
| 10Y | +185.0% | +281.4% | -96.3% | +73.6% |
| All | +185.0% | +301.8% | -116.8% | +73.6% |
Cumulative growth
Daily Returns
Daily percentage return beside HBM.
Daily Out/Under-Performance
Portfolio return minus HBM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × HBM 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 HBM 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