-83.1%
FRMI vs GAP
+3.6%
-86.7%
-85.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.0% | +2.9% | -0.8% | +1.9% |
| 7D | +7.4% | -4.1% | +11.5% | +7.6% |
| 30D | -27.6% | +6.2% | -33.9% | -27.9% |
| 3M | -20.9% | -0.7% | -20.2% | -20.4% |
| 6M | -36.6% | -7.1% | -29.5% | -36.3% |
| YTD | -31.3% | -14.1% | -17.2% | -30.2% |
| All | -83.1% | +3.6% | -86.7% | -83.0% |
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