-15.6%
SMH vs APH
+8.4%
-24.0%
-33.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | APH | Excess | Alpha |
|---|---|---|---|---|
| 1D | +3.6% | +4.1% | -0.5% | +0.9% |
| 7D | -11.2% | -5.9% | -5.3% | -7.6% |
| 30D | -25.8% | -14.8% | -11.0% | -18.0% |
| 3M | -18.8% | -12.4% | -6.4% | -11.9% |
| 6M | -15.6% | +8.1% | -23.7% | -13.5% |
| All | -15.6% | +8.4% | -24.0% | -13.5% |
Cumulative growth
Daily Returns
Daily percentage return beside APH.
Daily Out/Under-Performance
Portfolio return minus APH return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × APH 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 APH 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