-20.9%
HCA vs FPS
+20.6%
-41.5%
-33.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | FPS | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.0% | +2.5% | -3.5% | -0.9% |
| 7D | -3.1% | +3.1% | -6.2% | -2.9% |
| 30D | -1.1% | -18.6% | +17.4% | -2.0% |
| 3M | +12.2% | -51.5% | +63.6% | +10.8% |
| 6M | -25.3% | -8.5% | -16.8% | -27.9% |
| All | -20.9% | +20.6% | -41.5% | -23.3% |
Cumulative growth
Daily Returns
Daily percentage return beside FPS.
Daily Out/Under-Performance
Portfolio return minus FPS return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × FPS 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 FPS 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