-40.5%
PAAS vs UMAC
-19.8%
-20.7%
-40.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | UMAC | Excess | Alpha |
|---|---|---|---|---|
| 1D | -4.1% | -6.5% | +2.4% | -3.4% |
| 7D | -7.0% | +10.1% | -17.2% | -8.1% |
| 30D | -15.3% | -39.1% | +23.9% | -10.8% |
| 3M | -27.7% | -56.2% | +28.5% | -22.2% |
| 6M | -40.5% | -16.2% | -24.2% | -43.7% |
| All | -40.5% | -19.8% | -20.7% | -43.7% |
Cumulative growth
Daily Returns
Daily percentage return beside UMAC.
Daily Out/Under-Performance
Portfolio return minus UMAC return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × UMAC 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 UMAC 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