+11.9%
SAP vs HWM
-0.3%
+12.2%
-26.4%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | HWM | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.9% | -0.5% | -0.4% | -1.0% |
| 7D | -2.9% | -2.1% | -0.8% | -3.2% |
| 30D | +9.0% | -11.0% | +20.0% | +6.6% |
| 3M | +14.9% | +4.0% | +10.9% | +15.2% |
| 6M | +11.9% | -0.2% | +12.1% | +11.3% |
| All | +11.9% | -0.3% | +12.2% | +11.3% |
Cumulative growth
Daily Returns
Daily percentage return beside HWM.
Daily Out/Under-Performance
Portfolio return minus HWM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × HWM 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 6mo: compounded portfolio wealth divided by compounded HWM 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…
6mo analysis · Full analysis span regression · 6 months rolling