-44.2%
GPN vs GAP
+3.0%
-47.2%
-60.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.8% | -2.1% | +3.9% | +2.2% |
| 7D | -3.5% | -6.3% | +2.8% | -2.1% |
| 30D | +3.1% | -0.2% | +3.4% | +2.8% |
| 3M | +42.3% | 0.0% | +42.3% | +41.6% |
| 6M | +20.9% | -8.1% | +29.0% | +21.7% |
| YTD | +15.2% | -16.5% | +31.7% | +18.1% |
| 1Y | +5.4% | -10.5% | +15.9% | +6.0% |
| 3Y | -27.4% | +104.0% | -131.4% | -44.4% |
| 5Y | -44.2% | +6.8% | -51.0% | -54.7% |
| All | -44.2% | +3.0% | -47.2% | -54.7% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling