-36.4%
PAAS vs SM
+4.1%
-40.5%
-40.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | SM | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.4% | +5.6% | -6.9% | -0.3% |
| 7D | -5.2% | +0.3% | -5.5% | -5.0% |
| 30D | -13.9% | -17.3% | +3.4% | -16.5% |
| 3M | -23.8% | -3.6% | -20.2% | -24.1% |
| 6M | -36.4% | +2.9% | -39.3% | -37.5% |
| All | -36.4% | +4.1% | -40.5% | -37.5% |
Cumulative growth
Daily Returns
Daily percentage return beside SM.
Daily Out/Under-Performance
Portfolio return minus SM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × SM 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 SM 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