-36.7%
TSEM vs PAAS
-23.7%
-12.9%
-58.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | PAAS | Excess | Alpha |
|---|---|---|---|---|
| 1D | +4.8% | +1.5% | +3.4% | +4.2% |
| 7D | -17.5% | +8.4% | -25.9% | -21.0% |
| 30D | -44.7% | -7.2% | -37.5% | -42.3% |
| 3M | -38.9% | -14.0% | -24.9% | -34.5% |
| 6M | -36.7% | -26.8% | -9.9% | -28.1% |
| All | -36.7% | -23.7% | -12.9% | -28.1% |
Cumulative growth
Daily Returns
Daily percentage return beside PAAS.
Daily Out/Under-Performance
Portfolio return minus PAAS return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × PAAS 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 PAAS 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