-12.0%
SMH vs STLA
-45.9%
+33.9%
-33.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | STLA | Excess | Alpha |
|---|---|---|---|---|
| 1D | +4.8% | -3.5% | +8.3% | +5.5% |
| 7D | +0.5% | -11.6% | +12.1% | +3.1% |
| 30D | -14.2% | -6.2% | -8.1% | -13.1% |
| 3M | -11.5% | -24.6% | +13.1% | -5.1% |
| 6M | -12.0% | -44.9% | +32.9% | +13.6% |
| All | -12.0% | -45.9% | +33.9% | +13.6% |
Cumulative growth
Daily Returns
Daily percentage return beside STLA.
Daily Out/Under-Performance
Portfolio return minus STLA return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × STLA 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 STLA 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