+520.8%
APP vs GAP
-19.2%
+540.0%
-91.9%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.3% | -2.0% | +4.3% | +2.9% |
| 7D | +48.9% | -9.3% | +58.3% | +52.4% |
| 30D | +49.4% | -5.5% | +54.9% | +51.2% |
| 3M | +27.0% | +3.5% | +23.5% | +24.6% |
| 6M | -15.4% | +0.7% | -16.1% | -17.2% |
| YTD | -39.9% | -13.4% | -26.6% | -39.3% |
| 1Y | -32.0% | -7.7% | -24.3% | -32.9% |
| 3Y | +824.3% | +74.4% | +749.9% | +561.1% |
| 5Y | +252.4% | +5.3% | +247.1% | +140.4% |
| All | +520.8% | -19.2% | +540.0% | +333.1% |
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