+114.3%
IOVA vs UMAC
-19.8%
+134.1%
-48.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | UMAC | Excess | Alpha |
|---|---|---|---|---|
| 1D | -5.7% | -6.5% | +0.8% | -4.8% |
| 7D | -1.4% | +10.1% | -11.6% | -2.7% |
| 30D | -47.4% | -39.1% | -8.2% | -44.7% |
| 3M | +13.2% | -56.2% | +69.4% | +20.4% |
| 6M | +114.3% | -16.2% | +130.5% | +105.0% |
| All | +114.3% | -19.8% | +134.1% | +105.0% |
Cumulative growth
Daily Returns
Daily percentage return beside UMAC.
Daily Out/Under-Performance
Portfolio return minus UMAC return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × UMAC 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 UMAC 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