+33.3%
MELI vs RNG
+119.8%
-86.4%
-40.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | RNG | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.5% | -0.2% | -0.3% | -0.4% |
| 7D | -4.1% | -6.1% | +2.0% | -3.3% |
| 30D | +3.8% | +9.6% | -5.8% | +2.5% |
| 3M | +17.8% | +83.3% | -65.5% | +8.2% |
| 6M | +7.4% | +77.9% | -70.5% | -1.6% |
| YTD | -5.8% | +139.9% | -145.7% | -17.6% |
| 1Y | -18.9% | +121.7% | -140.5% | -28.5% |
| 3Y | +33.3% | +121.9% | -88.5% | +14.6% |
| All | +33.3% | +119.8% | -86.4% | +14.6% |
Cumulative growth
Daily Returns
Daily percentage return beside RNG.
Daily Out/Under-Performance
Portfolio return minus RNG return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × RNG 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 RNG 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