-24.6%
UMAC vs SM
+6.0%
-30.6%
-68.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | SM | Excess | Alpha |
|---|---|---|---|---|
| 1D | -4.6% | -0.1% | -4.5% | -4.7% |
| 7D | -5.2% | +9.4% | -14.6% | -4.7% |
| 30D | -36.4% | -14.4% | -22.0% | -37.2% |
| 3M | -58.6% | +1.6% | -60.1% | -56.7% |
| 6M | -24.6% | +6.3% | -31.0% | -15.9% |
| All | -24.6% | +6.0% | -30.6% | -15.9% |
Cumulative growth
Daily Returns
Daily percentage return beside SM.
Daily Out/Under-Performance
Portfolio return minus SM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × SM 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 SM 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