-17.7%
HCA vs FPS
+12.3%
-30.0%
-33.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | FPS | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.1% | -5.8% | +5.6% | -0.4% |
| 7D | +2.9% | -4.6% | +7.5% | +2.7% |
| 30D | +2.4% | -22.6% | +25.0% | +1.3% |
| 3M | +13.0% | -45.1% | +58.2% | +11.3% |
| 6M | -21.4% | -17.8% | -3.5% | -24.2% |
| All | -17.7% | +12.3% | -30.0% | -20.5% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling