-34.6%
ELAN vs GAP
+3.7%
-38.3%
-78.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.8% | -4.6% | +2.8% | -0.5% |
| 7D | -4.6% | -3.2% | -1.4% | -3.8% |
| 30D | +5.7% | -0.7% | +6.4% | +5.5% |
| 3M | -3.9% | -0.5% | -3.4% | -4.3% |
| 6M | -1.6% | -5.0% | +3.4% | -1.3% |
| YTD | +4.1% | -14.7% | +18.7% | +6.8% |
| 1Y | +25.5% | -8.6% | +34.2% | +25.7% |
| 3Y | +103.2% | +108.4% | -5.2% | +53.5% |
| 5Y | -29.8% | +5.8% | -35.6% | -41.0% |
| All | -34.6% | +3.7% | -38.3% | -53.4% |
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 all: 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…
all analysis · Full analysis span regression · 6 months rolling