-16.0%
TAP vs CAI
-8.1%
-8.0%
-27.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | CAI | Excess | Alpha |
|---|---|---|---|---|
| 1D | -4.1% | -1.0% | -3.1% | -4.1% |
| 7D | -2.3% | +0.2% | -2.5% | -2.3% |
| 30D | -9.4% | +9.1% | -18.5% | -9.6% |
| 3M | -0.8% | +53.8% | -54.6% | -1.4% |
| 6M | -14.7% | +33.5% | -48.3% | -15.1% |
| YTD | -13.9% | -8.0% | -5.9% | -13.3% |
| 1Y | -18.6% | -28.7% | +10.1% | -16.7% |
| All | -16.0% | -8.1% | -8.0% | -16.3% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling