+31.9%
MELI vs ADP
+13.6%
+18.3%
-40.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | ADP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.6% | -1.0% | -1.6% | -2.3% |
| 7D | -6.5% | -5.7% | -0.8% | -4.7% |
| 30D | +2.8% | -3.1% | +5.9% | +3.9% |
| 3M | +14.3% | +15.6% | -1.3% | +8.9% |
| 6M | +6.0% | +20.8% | -14.8% | -0.4% |
| YTD | -6.8% | +4.7% | -11.6% | -7.4% |
| 1Y | -20.9% | -8.3% | -12.6% | -17.9% |
| All | +31.9% | +13.6% | +18.3% | +32.9% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling