-44.8%
BIDU vs GAP
+3.0%
-47.8%
-57.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.6% | -2.1% | +0.5% | -1.3% |
| 7D | -5.2% | -6.3% | +1.1% | -4.3% |
| 30D | -14.5% | -0.2% | -14.3% | -14.6% |
| 3M | -22.9% | 0.0% | -22.9% | -23.2% |
| 6M | -27.8% | -8.1% | -19.7% | -27.6% |
| YTD | -30.7% | -16.5% | -14.2% | -29.9% |
| 1Y | -15.8% | -10.5% | -5.4% | -16.4% |
| 3Y | -33.2% | +104.0% | -137.2% | -48.4% |
| 5Y | -44.8% | +6.8% | -51.6% | -56.1% |
| All | -44.8% | +3.0% | -47.8% | -56.1% |
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