-21.8%
PATH vs GAP
+74.8%
-96.6%
-65.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.7% | -5.6% | +1.9% | -2.7% |
| 7D | -5.6% | -2.1% | -3.5% | -5.2% |
| 30D | -0.7% | -5.1% | +4.4% | +0.2% |
| 3M | -5.9% | +9.8% | -15.6% | -8.1% |
| 6M | +21.6% | -3.6% | +25.2% | +20.9% |
| YTD | -20.6% | -9.8% | -10.8% | -20.8% |
| 1Y | -10.6% | -1.5% | -9.1% | -12.8% |
| All | -21.8% | +74.8% | -96.6% | -34.1% |
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