-78.0%
PATH vs GAP
-13.5%
-64.5%
-89.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -16.6% | +0.5% | -17.1% | -16.8% |
| 7D | -16.3% | -4.5% | -11.8% | -15.2% |
| 30D | +9.9% | +9.0% | +0.9% | +6.4% |
| 3M | +30.2% | +5.0% | +25.2% | +27.3% |
| 6M | +37.2% | -17.8% | +55.0% | +42.0% |
| YTD | -7.3% | -10.4% | +3.1% | -7.1% |
| 1Y | +40.0% | -3.4% | +43.4% | +35.8% |
| 3Y | -4.4% | +111.5% | -115.9% | -39.8% |
| 5Y | -76.0% | +8.8% | -84.9% | -84.3% |
| All | -78.0% | -13.5% | -64.5% | -85.3% |
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