-63.9%
BAX vs GAP
+5.0%
-68.9%
-80.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.5% | -4.1% | +4.7% | +1.1% |
| 7D | +12.1% | -3.8% | +15.9% | +12.7% |
| 30D | +7.6% | -9.0% | +16.6% | +8.9% |
| 3M | -4.5% | +5.5% | -9.9% | -5.5% |
| 6M | +52.0% | -11.1% | +63.1% | +53.4% |
| YTD | +35.1% | -13.6% | +48.7% | +36.7% |
| 1Y | +43.7% | -2.9% | +46.6% | +43.4% |
| 3Y | -20.9% | +69.6% | -90.5% | -26.9% |
| All | -63.9% | +5.0% | -68.9% | -66.5% |
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