+21.6%
PATH vs UMAC
-22.6%
+44.2%
-34.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | UMAC | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.7% | -17.6% | +13.9% | -3.1% |
| 7D | -5.6% | -37.8% | +32.3% | -4.3% |
| 30D | -0.7% | -52.0% | +51.3% | +1.2% |
| 3M | -5.9% | -58.3% | +52.4% | -4.0% |
| 6M | +21.6% | -21.0% | +42.6% | +24.6% |
| All | +21.6% | -22.6% | +44.2% | +24.6% |
Cumulative growth
Daily Returns
Daily percentage return beside UMAC.
Daily Out/Under-Performance
Portfolio return minus UMAC return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × UMAC 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 6mo: compounded portfolio wealth divided by compounded UMAC 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…
6mo analysis · Full analysis span regression · 6 months rolling