-16.2%
CDNS vs MELI
-16.8%
+0.5%
-29.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | MELI | Excess | Alpha |
|---|---|---|---|---|
| 1D | -4.0% | -0.6% | -3.4% | -3.9% |
| 7D | -14.0% | +0.6% | -14.6% | -14.1% |
| 30D | -13.2% | +2.9% | -16.1% | -13.8% |
| 3M | -28.9% | +21.0% | -49.9% | -31.9% |
| 6M | -4.2% | +11.8% | -16.0% | -7.2% |
| YTD | -6.4% | -1.8% | -4.6% | -7.3% |
| 1Y | -16.2% | -18.2% | +2.0% | -17.0% |
| All | -16.2% | -16.8% | +0.5% | -17.0% |
Cumulative growth
Daily Returns
Daily percentage return beside MELI.
Daily Out/Under-Performance
Portfolio return minus MELI return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × MELI 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 1y: compounded portfolio wealth divided by compounded MELI 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…
1y analysis · Full analysis span regression · 6 months rolling