-12.0%
SMH vs AXON
-20.0%
+8.0%
-33.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | AXON | Excess | Alpha |
|---|---|---|---|---|
| 1D | +4.8% | +4.3% | +0.6% | +4.7% |
| 7D | +0.5% | -25.6% | +26.2% | +1.6% |
| 30D | -14.2% | -23.9% | +9.7% | -13.2% |
| 3M | -11.5% | -50.4% | +38.9% | -10.1% |
| 6M | -12.0% | -20.0% | +8.0% | -11.8% |
| All | -12.0% | -20.0% | +8.0% | -11.8% |
Cumulative growth
Daily Returns
Daily percentage return beside AXON.
Daily Out/Under-Performance
Portfolio return minus AXON return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × AXON 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 AXON 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