-12.6%
MLM vs HBM
-9.1%
-3.6%
-25.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | HBM | Excess | Alpha |
|---|---|---|---|---|
| 1D | -5.2% | -7.4% | +2.2% | -4.4% |
| 7D | -1.2% | -11.9% | +10.7% | -0.1% |
| 30D | +7.9% | -23.6% | +31.6% | +10.6% |
| 3M | -4.5% | -20.5% | +16.1% | -2.7% |
| 6M | -12.6% | -7.9% | -4.8% | -15.0% |
| All | -12.6% | -9.1% | -3.6% | -15.0% |
Cumulative growth
Daily Returns
Daily percentage return beside HBM.
Daily Out/Under-Performance
Portfolio return minus HBM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × HBM 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 HBM 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