+2.7%
TSM vs HL
-26.3%
+29.0%
-27.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | HL | Excess | Alpha |
|---|---|---|---|---|
| 1D | +4.3% | -1.2% | +5.4% | +4.5% |
| 7D | +4.4% | -5.6% | +10.0% | +5.8% |
| 30D | -7.0% | -16.2% | +9.2% | -3.0% |
| 3M | -1.8% | -20.5% | +18.7% | +2.9% |
| 6M | +2.7% | -31.7% | +34.4% | +11.2% |
| All | +2.7% | -26.3% | +29.0% | +11.2% |
Cumulative growth
Daily Returns
Daily percentage return beside HL.
Daily Out/Under-Performance
Portfolio return minus HL return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × HL 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 HL 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