-5.8%
QBTS vs GAP
+21.4%
-27.2%
-96.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.8% | -0.8% | -2.0% | -2.6% |
| 7D | -10.5% | -1.9% | -8.6% | -10.0% |
| 30D | -20.5% | -7.1% | -13.5% | -19.1% |
| 3M | -54.3% | +4.1% | -58.4% | -55.1% |
| 6M | -55.4% | +1.9% | -57.3% | -56.2% |
| YTD | -63.4% | -15.2% | -48.2% | -62.6% |
| 1Y | -59.1% | -10.6% | -48.5% | -59.0% |
| 3Y | +1,216.8% | +74.6% | +1,142.2% | +1,007.3% |
| 5Y | -2.6% | +3.7% | -6.3% | -21.6% |
| All | -5.8% | +21.4% | -27.2% | -25.5% |
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 all: 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…
all analysis · Full analysis span regression · 6 months rolling