+265.7%
TSM vs GAP
+2.1%
+263.5%
-56.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.7% | -0.8% | -0.8% | -1.5% |
| 7D | +6.2% | -1.9% | +8.1% | +6.6% |
| 30D | -7.3% | -7.1% | -0.2% | -6.1% |
| 3M | -7.1% | +4.1% | -11.2% | -8.3% |
| 6M | +0.2% | +1.9% | -1.7% | -1.3% |
| YTD | +32.2% | -15.2% | +47.4% | +34.3% |
| 1Y | +42.8% | -10.6% | +53.4% | +43.1% |
| 3Y | +330.4% | +74.6% | +255.8% | +258.3% |
| All | +265.7% | +2.1% | +263.5% | +210.9% |
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 5y: 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…
5y analysis · Full analysis span regression · 6 months rolling