-18.7%
TAP vs CAI
-31.0%
+12.3%
-27.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | CAI | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.9% | -3.2% | +2.3% | -0.9% |
| 7D | -5.1% | -3.1% | -2.0% | -5.1% |
| 30D | -8.4% | +2.7% | -11.1% | -8.5% |
| 3M | -3.9% | +41.7% | -45.6% | -3.6% |
| 6M | -14.4% | +26.5% | -40.9% | -13.9% |
| YTD | -14.7% | -10.9% | -3.8% | -14.8% |
| 1Y | -18.7% | -29.2% | +10.5% | -19.8% |
| All | -18.7% | -31.0% | +12.3% | -19.8% |
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