-9.7%
HAL vs GAP
+78.9%
-88.6%
-52.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.1% | +3.5% | -3.4% | -0.3% |
| 7D | -7.9% | 0.0% | -7.9% | -8.0% |
| 30D | -2.1% | -4.3% | +2.2% | -1.6% |
| 3M | +0.4% | +9.4% | -9.0% | -1.4% |
| 6M | -19.2% | -3.3% | -16.0% | -19.7% |
| YTD | +14.4% | -10.5% | +24.9% | +14.4% |
| 1Y | +18.0% | -2.4% | +20.3% | +15.8% |
| 3Y | -9.7% | +80.1% | -89.8% | -20.4% |
| All | -9.7% | +78.9% | -88.6% | -20.4% |
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 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