+21.2%
CDNS vs ADP
+18.2%
+3.0%
-29.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | ADP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -4.0% | -2.1% | -1.9% | -3.1% |
| 7D | -14.0% | -3.4% | -10.6% | -12.6% |
| 30D | -13.2% | +2.8% | -16.0% | -14.2% |
| 3M | -28.9% | +20.9% | -49.8% | -35.5% |
| 6M | -4.2% | +29.9% | -34.0% | -16.7% |
| YTD | -6.4% | +9.6% | -16.0% | -11.1% |
| 1Y | -16.2% | -5.3% | -10.9% | -14.3% |
| All | +21.2% | +18.2% | +3.0% | +16.7% |
Cumulative growth
Daily Returns
Daily percentage return beside ADP.
Daily Out/Under-Performance
Portfolio return minus ADP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × ADP 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 3y: compounded portfolio wealth divided by compounded ADP 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…
3y analysis · Full analysis span regression · 6 months rolling