+36.7%
CLS vs GAP
-8.8%
+45.4%
-41.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.1% | -4.6% | +5.7% | +1.3% |
| 7D | +20.1% | -3.2% | +23.3% | +20.3% |
| 30D | +6.0% | -0.7% | +6.7% | +6.2% |
| 3M | -10.3% | -0.5% | -9.8% | -10.1% |
| 6M | +24.5% | -5.0% | +29.5% | +24.1% |
| YTD | +12.9% | -14.7% | +27.5% | +12.4% |
| 1Y | +36.7% | -8.6% | +45.3% | +25.2% |
| All | +36.7% | -8.8% | +45.4% | +25.2% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling