+40.4%
AVAV vs GAP
+9.0%
+31.5%
-66.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.7% | +0.5% | -2.2% | -1.8% |
| 7D | -2.2% | -4.5% | +2.2% | -1.5% |
| 30D | -13.9% | +9.0% | -23.0% | -15.4% |
| 3M | -29.2% | +5.0% | -34.2% | -30.1% |
| 6M | -36.1% | -17.8% | -18.3% | -34.7% |
| YTD | -40.2% | -10.4% | -29.8% | -39.9% |
| 1Y | -36.2% | -3.4% | -32.8% | -37.1% |
| 3Y | +47.5% | +111.5% | -64.0% | +19.4% |
| All | +40.4% | +9.0% | +31.5% | +9.3% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling