-15.6%
SMH vs MS
-4.5%
-11.1%
-33.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | MS | Excess | Alpha |
|---|---|---|---|---|
| 1D | +3.6% | -0.5% | +4.2% | +4.1% |
| 7D | -11.2% | -1.6% | -9.7% | -9.6% |
| 30D | -25.8% | -3.8% | -22.0% | -22.8% |
| 3M | -18.8% | -14.6% | -4.2% | -7.0% |
| 6M | -15.6% | -5.1% | -10.5% | -8.7% |
| All | -15.6% | -4.5% | -11.1% | -8.7% |
Cumulative growth
Daily Returns
Daily percentage return beside MS.
Daily Out/Under-Performance
Portfolio return minus MS return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × MS 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 MS 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