-4.1%
SAP vs GAP
-4.6%
+0.5%
-41.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +1.7% | +3.5% | -1.8% | +1.5% |
| 7D | +1.6% | 0.0% | +1.6% | +1.6% |
| 30D | +10.5% | -4.3% | +14.8% | +10.6% |
| 3M | +15.2% | +9.4% | +5.8% | +14.7% |
| 6M | +36.7% | -3.3% | +40.0% | +34.9% |
| YTD | -0.6% | -10.5% | +10.0% | -2.1% |
| All | -4.1% | -4.6% | +0.5% | -6.6% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling