-42.4%
NIO vs GAP
+3.2%
-45.6%
-95.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.6% | +0.5% | -2.0% | -1.7% |
| 7D | -13.0% | -4.5% | -8.6% | -12.0% |
| 30D | -18.3% | +9.0% | -27.3% | -20.5% |
| 3M | -33.2% | +5.0% | -38.2% | -34.6% |
| 6M | -21.5% | -17.8% | -3.7% | -19.1% |
| YTD | -25.5% | -10.4% | -15.1% | -25.5% |
| 1Y | -38.0% | -3.4% | -34.6% | -39.9% |
| 3Y | -65.5% | +111.5% | -176.9% | -76.7% |
| 5Y | -90.6% | +8.8% | -99.4% | -92.7% |
| All | -42.4% | +3.2% | -45.6% | -52.4% |
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 all: 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…
all analysis · Full analysis span regression · 6 months rolling