+114.0%
SMH vs CAI
-11.0%
+125.0%
-24.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | CAI | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.4% | 0.0% | -2.5% | -2.4% |
| 7D | +1.4% | -5.1% | +6.4% | +1.8% |
| 30D | -2.2% | +3.9% | -6.1% | -2.6% |
| 3M | -1.9% | +40.1% | -42.0% | -5.0% |
| 6M | +41.0% | +29.7% | +11.3% | +36.2% |
| YTD | +55.6% | -10.9% | +66.5% | +55.3% |
| 1Y | +86.8% | -28.0% | +114.8% | +88.6% |
| All | +114.0% | -11.0% | +125.0% | +113.5% |
Cumulative growth
Daily Returns
Daily percentage return beside CAI.
Daily Out/Under-Performance
Portfolio return minus CAI return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × CAI 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 3y: compounded portfolio wealth divided by compounded CAI 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…
3y analysis · Full analysis span regression · 6 months rolling