-81.4%
PATH vs HBM
+211.6%
-293.0%
-89.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | HBM | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.2% | -3.7% | +2.5% | -0.3% |
| 7D | -2.3% | +2.4% | -4.7% | -3.0% |
| 30D | -4.8% | -16.0% | +11.1% | -1.2% |
| 3M | -17.7% | -21.3% | +3.6% | -13.8% |
| 6M | +18.9% | -12.2% | +31.1% | +18.6% |
| YTD | -21.7% | +10.7% | -32.4% | -29.5% |
| 1Y | -9.6% | +30.3% | -39.9% | -23.1% |
| 3Y | -25.8% | +432.2% | -458.1% | -61.3% |
| 5Y | -77.1% | +218.8% | -295.9% | -86.5% |
| All | -81.4% | +211.6% | -293.0% | -89.0% |
Cumulative growth
Daily Returns
Daily percentage return beside HBM.
Daily Out/Under-Performance
Portfolio return minus HBM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × HBM 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 10y: compounded portfolio wealth divided by compounded HBM 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…
10y analysis · Full analysis span regression · 6 months rolling