-30.6%
TSEM vs TAP
-4.0%
-26.6%
-58.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +7.6% | -0.7% | +8.4% | +6.9% |
| 7D | +6.8% | -8.0% | +14.8% | -1.8% |
| 30D | -26.6% | +4.1% | -30.7% | -22.1% |
| 3M | -36.3% | -4.4% | -32.0% | -36.1% |
| 6M | -30.6% | -1.9% | -28.6% | -26.0% |
| All | -30.6% | -4.0% | -26.6% | -26.0% |
Cumulative growth
Daily Returns
Daily percentage return beside TAP.
Daily Out/Under-Performance
Portfolio return minus TAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × TAP 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 TAP 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