-3.1%
QBTS vs SAP
+113.7%
-116.7%
-96.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | SAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -7.6% | 0.0% | -7.6% | -7.6% |
| 7D | +8.7% | -3.9% | +12.6% | +10.2% |
| 30D | -26.5% | +6.5% | -33.0% | -28.7% |
| 3M | -52.6% | +14.7% | -67.2% | -55.4% |
| 6M | -56.0% | +39.9% | -95.9% | -62.7% |
| YTD | -62.4% | -2.0% | -60.4% | -62.8% |
| 1Y | -62.7% | -6.0% | -56.7% | -62.3% |
| 3Y | +1,266.7% | +67.7% | +1,199.0% | +1,133.6% |
| 5Y | +0.2% | +78.8% | -78.6% | -6.3% |
| All | -3.1% | +113.7% | -116.7% | -9.6% |
Cumulative growth
Daily Returns
Daily percentage return beside SAP.
Daily Out/Under-Performance
Portfolio return minus SAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × SAP 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 SAP 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