-9.0%
TAP vs CAI
-6.2%
-2.8%
-31.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | CAI | Excess | Alpha |
|---|---|---|---|---|
| 1D | +3.2% | -3.8% | +7.1% | +3.1% |
| 7D | +1.3% | -8.7% | +9.9% | +1.1% |
| 30D | +5.7% | -23.8% | +29.6% | +5.0% |
| 3M | -1.9% | +3.9% | -5.8% | -2.3% |
| 6M | +0.9% | +56.8% | -55.9% | +1.9% |
| YTD | -9.5% | -14.6% | +5.1% | -12.0% |
| 1Y | -9.0% | -5.2% | -3.8% | -11.6% |
| All | -9.0% | -6.2% | -2.8% | -11.6% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling