+35.7%
TSM vs GAP
-5.7%
+41.4%
-27.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.0% | -1.2% | +3.2% | +2.2% |
| 7D | -2.1% | -0.1% | -2.0% | -1.9% |
| 30D | -12.5% | -5.4% | -7.1% | -11.9% |
| 3M | -5.0% | +2.9% | -7.9% | -5.3% |
| 6M | -3.2% | -4.4% | +1.2% | -2.4% |
| YTD | +31.5% | -11.6% | +43.1% | +34.6% |
| 1Y | +35.7% | -6.0% | +41.7% | +39.4% |
| All | +35.7% | -5.7% | +41.4% | +39.4% |
Cumulative growth
Daily Returns
Daily percentage return beside GAP.
Daily Out/Under-Performance
Portfolio return minus GAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × GAP 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 GAP 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