+36.9%
CMS vs GAP
+67.6%
-30.6%
-20.4%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.1% | -4.1% | +2.0% | -2.0% |
| 7D | -1.3% | -3.8% | +2.5% | -1.2% |
| 30D | +6.3% | -9.0% | +15.3% | +6.6% |
| 3M | -2.1% | +5.5% | -7.5% | -2.2% |
| 6M | -5.1% | -11.1% | +6.0% | -4.9% |
| YTD | +1.3% | -13.6% | +14.8% | +1.4% |
| 1Y | -1.4% | -2.9% | +1.5% | -1.6% |
| 3Y | +36.9% | +69.6% | -32.7% | +33.9% |
| All | +36.9% | +67.6% | -30.6% | +33.9% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling