+398.8%
HL vs GAP
+103.6%
+295.2%
-55.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -4.0% | -2.1% | -1.9% | -3.7% |
| 7D | -5.6% | -6.3% | +0.7% | -4.7% |
| 30D | +12.7% | -0.2% | +13.0% | +12.4% |
| 3M | +42.5% | 0.0% | +42.5% | +41.9% |
| 6M | -9.0% | -8.1% | -0.9% | -8.7% |
| YTD | +4.4% | -16.5% | +20.9% | +6.2% |
| 1Y | +82.7% | -10.5% | +93.1% | +83.6% |
| All | +398.8% | +103.6% | +295.2% | +306.5% |
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