-14.6%
PNR vs GAP
+103.6%
-118.2%
-49.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.4% | -2.1% | +0.7% | -1.0% |
| 7D | -5.5% | -6.3% | +0.8% | -4.3% |
| 30D | -15.6% | -0.2% | -15.3% | -15.7% |
| 3M | -20.2% | 0.0% | -20.2% | -20.5% |
| 6M | -36.6% | -8.1% | -28.5% | -36.2% |
| YTD | -45.0% | -16.5% | -28.5% | -43.7% |
| 1Y | -47.4% | -10.5% | -37.0% | -47.1% |
| All | -14.6% | +103.6% | -118.2% | -22.5% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling