-81.0%
PATH vs HBM
+206.9%
-287.9%
-89.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | HBM | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.3% | -1.5% | +1.2% | 0.0% |
| 7D | +0.7% | +5.1% | -4.4% | -0.6% |
| 30D | -1.1% | -15.8% | +14.7% | +2.6% |
| 3M | -14.2% | -22.4% | +8.3% | -9.8% |
| 6M | +30.9% | -20.2% | +51.1% | +34.2% |
| YTD | -20.1% | +9.0% | -29.1% | -27.8% |
| 1Y | -8.1% | +27.4% | -35.4% | -21.2% |
| 3Y | -24.3% | +424.2% | -448.5% | -60.3% |
| 5Y | -75.6% | +196.1% | -271.7% | -85.4% |
| All | -81.0% | +206.9% | -287.9% | -88.7% |
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