+29.3%
HWM vs GAP
-3.2%
+32.5%
-20.9%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -10.7% | -0.2% | -10.5% | -10.7% |
| 7D | -9.2% | +1.7% | -10.9% | -9.4% |
| 30D | -17.9% | +9.3% | -27.2% | -18.8% |
| 3M | -6.0% | +6.1% | -12.1% | -6.8% |
| 6M | -7.4% | -2.3% | -5.1% | -7.4% |
| YTD | +13.1% | -10.6% | +23.7% | +13.8% |
| 1Y | +29.3% | -4.4% | +33.7% | +25.5% |
| All | +29.3% | -3.2% | +32.5% | +25.5% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling