-18.0%
HWM vs RNG
+67.8%
-85.8%
-36.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | RNG | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.3% | +2.4% | -0.2% | +2.3% |
| 7D | +5.0% | -3.5% | +8.5% | +4.9% |
| 30D | +1.5% | -3.8% | +5.3% | +1.4% |
| 3M | -20.3% | +18.6% | -38.9% | -19.5% |
| 6M | -18.0% | +69.2% | -87.2% | -15.2% |
| All | -18.0% | +67.8% | -85.8% | -15.2% |
Cumulative growth
Daily Returns
Daily percentage return beside RNG.
Daily Out/Under-Performance
Portfolio return minus RNG return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × RNG 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 6mo: compounded portfolio wealth divided by compounded RNG 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…
6mo analysis · Full analysis span regression · 6 months rolling