-13.6%
TAP vs CAI
-9.5%
-4.1%
-31.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 10y.
| Period | Portfolio | CAI | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.3% | -4.5% | +4.8% | +0.3% |
| 7D | -4.5% | -25.6% | +21.1% | -4.4% |
| 30D | +7.5% | -17.7% | +25.2% | +7.4% |
| 3M | -4.9% | +4.4% | -9.3% | -5.5% |
| 6M | -3.5% | +51.3% | -54.8% | -4.6% |
| YTD | -11.4% | -9.5% | -2.0% | -11.1% |
| 1Y | -10.8% | -1.5% | -9.3% | -11.2% |
| All | -13.6% | -9.5% | -4.1% | -14.2% |
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 10y: 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…
10y analysis · Full analysis span regression · 6 months rolling