-84.3%
FRMI vs GAP
+8.0%
-92.3%
-85.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +5.3% | +0.5% | +4.9% | +5.3% |
| 7D | +2.4% | -4.5% | +6.9% | +2.5% |
| 30D | -17.3% | +9.0% | -26.3% | -17.8% |
| 3M | -17.2% | +5.0% | -22.2% | -17.2% |
| 6M | -43.4% | -17.8% | -25.6% | -40.1% |
| YTD | -36.0% | -10.4% | -25.6% | -35.1% |
| All | -84.3% | +8.0% | -92.3% | -84.2% |
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