-5.1%
AVAV vs GAP
+67.6%
-72.6%
-75.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +10.5% | -4.1% | +14.6% | +11.0% |
| 7D | -10.6% | -3.8% | -6.8% | -10.2% |
| 30D | -18.8% | -9.0% | -9.8% | -17.9% |
| 3M | -34.1% | +5.5% | -39.6% | -34.9% |
| 6M | -35.3% | -11.1% | -24.3% | -34.7% |
| YTD | -53.4% | -13.6% | -39.8% | -53.1% |
| 1Y | -65.6% | -2.9% | -62.8% | -66.1% |
| 3Y | -5.1% | +69.6% | -74.7% | -6.9% |
| All | -5.1% | +67.6% | -72.6% | -6.9% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling