-87.2%
MERC vs SPY
+14.6%
-101.8%
-95.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | SPY | Excess | Alpha |
|---|---|---|---|---|
| 1D | +19.0% | +1.7% | +17.4% | +15.8% |
| 7D | +108.3% | -0.7% | +109.0% | +111.3% |
| 30D | 0.0% | -1.0% | +1.0% | +3.2% |
| 3M | -64.8% | -0.3% | -64.4% | -64.3% |
| 6M | -76.6% | +7.3% | -84.0% | -79.3% |
| YTD | -87.4% | +13.3% | -100.7% | -89.6% |
| 1Y | -87.2% | +14.8% | -102.0% | -89.7% |
| All | -87.2% | +14.6% | -101.8% | -89.7% |
Cumulative growth
Daily Returns
Daily percentage return beside SPY.
Daily Out/Under-Performance
Portfolio return minus SPY return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × SPY 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 SPY 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