+12.3%
QQQ vs MELI
-24.4%
+36.6%
-11.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | MELI | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.0% | +4.7% | -3.7% | +0.4% |
| 7D | -4.6% | +4.0% | -8.6% | -5.1% |
| 30D | -8.5% | -6.5% | -2.0% | -7.8% |
| 3M | -4.3% | -7.9% | +3.6% | -3.6% |
| 6M | +3.1% | -4.1% | +7.1% | +2.6% |
| YTD | +13.0% | -13.6% | +26.6% | +13.8% |
| 1Y | +12.3% | -24.5% | +36.8% | +17.1% |
| All | +12.3% | -24.4% | +36.6% | +17.1% |
Cumulative growth
Daily Returns
Daily percentage return beside MELI.
Daily Out/Under-Performance
Portfolio return minus MELI return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × MELI 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 MELI 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