-10.0%
TNA vs APD
+7.3%
-17.3%
-32.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | APD | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.7% | +0.9% | +1.7% | +2.3% |
| 7D | -2.1% | -1.2% | -1.0% | -1.8% |
| 30D | +3.1% | +11.0% | -7.9% | +1.2% |
| 3M | -20.2% | +2.6% | -22.7% | -20.8% |
| 6M | -10.0% | +4.8% | -14.8% | -11.2% |
| All | -10.0% | +7.3% | -17.3% | -11.2% |
Cumulative growth
Daily Returns
Daily percentage return beside APD.
Daily Out/Under-Performance
Portfolio return minus APD return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × APD 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 APD 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