-29.2%
ZBH vs GAP
+3.0%
-32.2%
-43.9%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.3% | -2.1% | -0.2% | -2.1% |
| 7D | -6.6% | -6.3% | -0.2% | -5.9% |
| 30D | -4.9% | -0.2% | -4.7% | -5.0% |
| 3M | +5.1% | 0.0% | +5.1% | +4.9% |
| 6M | +1.3% | -8.1% | +9.5% | +1.7% |
| YTD | +3.4% | -16.5% | +19.8% | +4.5% |
| 1Y | -8.7% | -10.5% | +1.8% | -8.6% |
| 3Y | -21.2% | +104.0% | -125.2% | -32.2% |
| 5Y | -29.2% | +6.8% | -36.0% | -37.1% |
| All | -29.2% | +3.0% | -32.2% | -37.1% |
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