+19.4%
CDNS vs TXT
+5.7%
+13.7%
-31.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | TXT | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.9% | +0.6% | -3.5% | -3.1% |
| 7D | -9.2% | -0.2% | -9.0% | -9.2% |
| 30D | -16.3% | -11.1% | -5.2% | -13.0% |
| 3M | -27.9% | -13.0% | -14.9% | -24.9% |
| 6M | -4.3% | -16.2% | +11.9% | +0.7% |
| YTD | -9.1% | -8.7% | -0.4% | -8.2% |
| 1Y | -21.2% | -3.8% | -17.4% | -22.5% |
| 3Y | +19.4% | +5.5% | +13.9% | +10.2% |
| All | +19.4% | +5.7% | +13.7% | +10.2% |
Cumulative growth
Daily Returns
Daily percentage return beside TXT.
Daily Out/Under-Performance
Portfolio return minus TXT return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × TXT 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 TXT 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