-37.5%
JOBY vs UMAC
+22.7%
-60.3%
-48.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | UMAC | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.3% | -2.5% | +3.7% | +1.8% |
| 7D | -5.2% | -3.4% | -1.8% | -4.5% |
| 30D | -19.7% | -15.1% | -4.6% | -18.3% |
| 3M | -31.7% | -10.8% | -21.0% | -33.0% |
| 6M | -37.5% | +15.7% | -53.2% | -44.4% |
| All | -37.5% | +22.7% | -60.3% | -44.4% |
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