+5.6%
PAAS vs GAP
-7.7%
+13.3%
-44.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.4% | -2.0% | +0.6% | -1.1% |
| 7D | -5.2% | -9.3% | +4.2% | -3.8% |
| 30D | -13.9% | -5.5% | -8.4% | -13.3% |
| 3M | -23.8% | +3.5% | -27.3% | -24.2% |
| 6M | -36.4% | +0.7% | -37.1% | -37.5% |
| YTD | -23.4% | -13.4% | -10.0% | -23.0% |
| 1Y | +5.6% | -7.7% | +13.3% | +3.0% |
| All | +5.6% | -7.7% | +13.3% | +3.0% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling