+290.7%
TSM vs GAP
+9.4%
+281.3%
-56.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +2.4% | -0.2% | +2.6% | +2.4% |
| 7D | +6.0% | +1.7% | +4.3% | +5.7% |
| 30D | +4.5% | +9.3% | -4.8% | +2.4% |
| 3M | +3.1% | +6.1% | -3.0% | +1.3% |
| 6M | +30.2% | -2.3% | +32.5% | +29.4% |
| YTD | +45.2% | -10.6% | +55.8% | +46.3% |
| 1Y | +79.6% | -4.4% | +84.0% | +77.7% |
| 3Y | +411.0% | +118.3% | +292.7% | +306.4% |
| 5Y | +290.7% | +12.2% | +278.5% | +224.9% |
| All | +290.7% | +9.4% | +281.3% | +224.9% |
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