-18.8%
IBM vs ADP
+22.7%
-41.5%
-37.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | ADP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.5% | -0.4% | +0.9% | +0.8% |
| 7D | -2.5% | +1.1% | -3.6% | -3.3% |
| 30D | +8.4% | +11.5% | -3.2% | -0.5% |
| 3M | +4.5% | +12.0% | -7.6% | -4.6% |
| 6M | +7.9% | +43.8% | -35.9% | -18.3% |
| YTD | -15.2% | +20.1% | -35.3% | -26.8% |
| All | -18.8% | +22.7% | -41.5% | -30.1% |
Cumulative growth
Daily Returns
Daily percentage return beside ADP.
Daily Out/Under-Performance
Portfolio return minus ADP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × ADP 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 ADP 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