-37.1%
APP vs GAP
-4.6%
-32.5%
-68.9%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +4.8% | +3.5% | +1.3% | +4.5% |
| 7D | +79.2% | 0.0% | +79.1% | +77.8% |
| 30D | +48.0% | -4.3% | +52.3% | +47.9% |
| 3M | +18.2% | +9.4% | +8.8% | +16.4% |
| 6M | -12.5% | -3.3% | -9.2% | -13.2% |
| YTD | -39.2% | -10.5% | -28.6% | -39.3% |
| All | -37.1% | -4.6% | -32.5% | -37.4% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling