-15.0%
SMH vs IBM
+14.8%
-29.8%
-33.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | IBM | Excess | Alpha |
|---|---|---|---|---|
| 1D | -3.0% | +1.0% | -4.0% | -2.9% |
| 7D | +4.9% | +1.6% | +3.3% | +5.0% |
| 30D | -13.8% | +9.2% | -23.0% | -13.1% |
| 3M | -17.4% | +4.9% | -22.3% | -17.0% |
| 6M | -15.0% | +16.8% | -31.7% | -17.6% |
| All | -15.0% | +14.8% | -29.8% | -17.6% |
Cumulative growth
Daily Returns
Daily percentage return beside IBM.
Daily Out/Under-Performance
Portfolio return minus IBM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × IBM 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 IBM 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