+9.4%
QBTS vs APA
+101.8%
-92.4%
-71.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | APA | Excess | Alpha |
|---|---|---|---|---|
| 1D | +6.6% | +1.8% | +4.8% | +7.0% |
| 7D | +6.8% | -1.7% | +8.5% | +6.4% |
| 30D | -14.9% | +15.7% | -30.6% | -11.7% |
| 3M | -31.6% | +16.5% | -48.0% | -27.8% |
| 6M | -4.9% | +35.1% | -40.0% | -6.1% |
| YTD | -32.4% | +82.2% | -114.6% | -38.5% |
| All | +9.4% | +101.8% | -92.4% | +4.4% |
Cumulative growth
Daily Returns
Daily percentage return beside APA.
Daily Out/Under-Performance
Portfolio return minus APA return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × APA 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 1y: compounded portfolio wealth divided by compounded APA 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…
1y analysis · Full analysis span regression · 6 months rolling