+0.8%
CVNA vs MELI
-16.8%
+17.5%
-41.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | MELI | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.6% | -0.6% | +2.2% | +1.9% |
| 7D | +0.7% | +0.6% | +0.1% | +0.4% |
| 30D | +7.4% | +2.9% | +4.5% | +5.5% |
| 3M | +12.7% | +21.0% | -8.3% | +2.1% |
| 6M | +17.9% | +11.8% | +6.1% | +10.1% |
| YTD | -11.6% | -1.8% | -9.8% | -12.9% |
| 1Y | +0.8% | -18.2% | +18.9% | +2.9% |
| All | +0.8% | -16.8% | +17.5% | +2.9% |
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