+196.2%
PAAS vs GAP
+1.5%
+194.7%
-66.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.6% | -0.8% | +0.3% | -0.5% |
| 7D | -8.9% | -1.9% | -7.0% | -8.8% |
| 30D | -11.4% | -7.1% | -4.4% | -10.9% |
| 3M | -20.4% | +4.1% | -24.5% | -20.8% |
| 6M | -40.7% | +1.9% | -42.6% | -41.0% |
| YTD | -26.9% | -15.2% | -11.7% | -26.5% |
| 1Y | -3.1% | -10.6% | +7.6% | -2.8% |
| 3Y | +199.3% | +74.6% | +124.7% | +179.6% |
| 5Y | +48.3% | +3.7% | +44.6% | +40.1% |
| All | +196.2% | +1.5% | +194.7% | +145.8% |
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 10y: 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…
10y analysis · Full analysis span regression · 6 months rolling