-60.9%
QBTS vs SAP
-4.0%
-57.0%
-71.9%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | SAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +7.4% | +1.7% | +5.7% | +7.0% |
| 7D | +13.7% | +1.6% | +12.1% | +12.7% |
| 30D | -21.3% | +10.5% | -31.8% | -23.8% |
| 3M | -44.7% | +15.2% | -59.9% | -47.2% |
| 6M | -49.2% | +36.7% | -85.9% | -53.8% |
| YTD | -56.1% | -0.6% | -55.6% | -54.7% |
| All | -60.9% | -4.0% | -57.0% | -56.5% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling