+17.6%
NVO vs GAP
-5.1%
+22.7%
-14.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.3% | -4.6% | +3.2% | -1.0% |
| 7D | -4.7% | -3.2% | -1.6% | -4.5% |
| 30D | -5.4% | -0.7% | -4.8% | -5.2% |
| 3M | +7.0% | -0.5% | +7.4% | +6.8% |
| 6M | +17.6% | -5.0% | +22.6% | +17.3% |
| All | +17.6% | -5.1% | +22.7% | +17.3% |
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 6mo: 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…
6mo analysis · Full analysis span regression · 6 months rolling