-83.4%
FRMI vs GAP
+0.7%
-84.1%
-85.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.5% | -2.1% | -0.4% | -2.5% |
| 7D | +10.9% | -6.3% | +17.2% | +11.1% |
| 30D | -24.3% | -0.2% | -24.1% | -24.2% |
| 3M | -21.8% | 0.0% | -21.8% | -21.9% |
| 6M | -33.0% | -8.1% | -24.9% | -33.1% |
| YTD | -32.6% | -16.5% | -16.2% | -31.6% |
| All | -83.4% | +0.7% | -84.1% | -83.3% |
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