-55.0%
Z vs GAP
+3.6%
-58.6%
-70.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.3% | -1.3% | -1.0% | -1.9% |
| 7D | -4.9% | -5.2% | +0.3% | -3.5% |
| 30D | +3.0% | -6.9% | +9.9% | +5.2% |
| 3M | -13.4% | +5.7% | -19.1% | -14.8% |
| 6M | -27.3% | +0.9% | -28.2% | -28.1% |
| YTD | -57.8% | -14.5% | -43.3% | -56.6% |
| 1Y | -60.0% | -12.1% | -47.9% | -59.2% |
| 3Y | -21.5% | +72.2% | -93.7% | -38.0% |
| 5Y | -55.0% | +4.5% | -59.5% | -68.6% |
| All | -55.0% | +3.6% | -58.6% | -68.6% |
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