-25.5%
APP vs TAP
+5.3%
-30.8%
-62.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +31.0% | -2.1% | +33.1% | +30.5% |
| 7D | +39.7% | +7.7% | +32.0% | +41.3% |
| 30D | +27.7% | +14.4% | +13.3% | +30.7% |
| 3M | -14.8% | +2.0% | -16.8% | -14.6% |
| 6M | -25.5% | +2.5% | -28.0% | -23.3% |
| All | -25.5% | +5.3% | -30.8% | -23.3% |
Cumulative growth
Daily Returns
Daily percentage return beside TAP.
Daily Out/Under-Performance
Portfolio return minus TAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × TAP 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 6mo: compounded portfolio wealth divided by compounded TAP 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…
6mo analysis · Full analysis span regression · 6 months rolling