+100.5%
NXT vs GAP
+113.8%
-13.2%
-48.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.1% | -0.2% | +1.3% | +1.2% |
| 7D | +2.9% | +1.7% | +1.1% | +2.6% |
| 30D | -17.2% | +9.3% | -26.6% | -18.7% |
| 3M | -32.0% | +6.1% | -38.1% | -33.0% |
| 6M | -15.8% | -2.3% | -13.5% | -16.7% |
| YTD | -1.9% | -10.6% | +8.7% | -1.7% |
| 1Y | +22.5% | -4.4% | +26.9% | +20.5% |
| 3Y | +100.5% | +118.3% | -17.8% | +43.1% |
| All | +100.5% | +113.8% | -13.2% | +43.1% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling