-19.8%
BURL vs GAP
-4.1%
-15.7%
-38.9%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.9% | -5.6% | +2.7% | -1.5% |
| 7D | +3.5% | -2.1% | +5.6% | +3.9% |
| 30D | -9.3% | -5.1% | -4.2% | -8.4% |
| 3M | -32.1% | +9.8% | -41.9% | -32.7% |
| 6M | -19.8% | -3.6% | -16.2% | -21.1% |
| All | -19.8% | -4.1% | -15.7% | -21.1% |
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 6mo: 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…
6mo analysis · Full analysis span regression · 6 months rolling