-66.9%
BAX vs GAP
+9.4%
-76.3%
-80.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.8% | -0.2% | -3.5% | -3.7% |
| 7D | -2.4% | +1.7% | -4.2% | -2.7% |
| 30D | -9.7% | +9.3% | -19.1% | -10.9% |
| 3M | +29.3% | +6.1% | +23.2% | +28.0% |
| 6M | +40.7% | -2.3% | +42.9% | +40.4% |
| YTD | +30.3% | -10.6% | +40.9% | +31.4% |
| 1Y | +3.4% | -4.4% | +7.8% | +3.4% |
| 3Y | -32.0% | +118.3% | -150.3% | -38.5% |
| 5Y | -66.9% | +12.2% | -79.1% | -69.7% |
| All | -66.9% | +9.4% | -76.3% | -69.7% |
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