-9.4%
NVTS vs GAP
+13.3%
-22.6%
-92.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.3% | -4.6% | +1.2% | -1.2% |
| 7D | +3.5% | -3.2% | +6.7% | +5.0% |
| 30D | -11.9% | -0.7% | -11.2% | -12.9% |
| 3M | -49.2% | -0.5% | -48.8% | -50.3% |
| 6M | +38.4% | -5.0% | +43.4% | +37.1% |
| YTD | +62.5% | -14.7% | +77.1% | +67.9% |
| 1Y | +101.4% | -8.6% | +110.0% | +98.1% |
| 3Y | +40.4% | +108.4% | -67.9% | -12.3% |
| All | -9.4% | +13.3% | -22.6% | -41.0% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling