+6.0%
QBTS vs SAP
-21.2%
+27.2%
-71.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | SAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.1% | -1.1% | -2.0% | -2.7% |
| 7D | +3.8% | -0.3% | +4.1% | +3.9% |
| 30D | -15.2% | +0.3% | -15.5% | -15.3% |
| 3M | -27.2% | +16.9% | -44.1% | -30.8% |
| 6M | -10.1% | +6.3% | -16.4% | -9.6% |
| YTD | -34.5% | -12.4% | -22.1% | -25.8% |
| 1Y | +6.0% | -21.6% | +27.6% | +38.9% |
| All | +6.0% | -21.2% | +27.2% | +38.9% |
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