Portfolio · Skill vs. Luck

Live performance and CAPM attribution — separating market exposure from genuine stock selection.

Period

Benchmark

refreshing…

Attribution runs an OLS regression of portfolio returns on each benchmark: the intercept (α) estimates benchmark-independent return (“skill”), the slope (β) estimates market exposure (“luck”). Short histories carry wide error bars — read p-values, not point estimates. Figures are read live from a paper trading account; nothing here is investment advice.