-80.4%
PATH vs GAP
-7.7%
-72.7%
-89.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.9% | +8.0% | -5.1% | +0.5% |
| 7D | -4.8% | +8.0% | -12.7% | -7.1% |
| 30D | +2.7% | +2.7% | 0.0% | +1.7% |
| 3M | -4.2% | +16.0% | -20.2% | -9.4% |
| 6M | +24.7% | +2.0% | +22.7% | +21.5% |
| YTD | -17.6% | -4.4% | -13.2% | -19.3% |
| 1Y | -5.3% | +9.2% | -14.5% | -11.9% |
| 3Y | -22.0% | +84.7% | -106.7% | -47.4% |
| 5Y | -76.5% | +17.9% | -94.4% | -84.9% |
| All | -80.4% | -7.7% | -72.7% | -87.2% |
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 all: 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…
all analysis · Full analysis span regression · 6 months rolling