-1.6%
MA vs GAP
-4.4%
+2.8%
-20.9%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.4% | -0.2% | -1.2% | -1.4% |
| 7D | -1.8% | +1.7% | -3.5% | -1.9% |
| 30D | +1.4% | +9.3% | -7.9% | +0.4% |
| 3M | +17.7% | +6.1% | +11.7% | +16.7% |
| 6M | +9.7% | -2.3% | +12.0% | +8.6% |
| YTD | +0.5% | -10.6% | +11.1% | +1.1% |
| All | -1.6% | -4.4% | +2.8% | -3.7% |
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