Statistical Significance of Prime's Performance

The odds of our outperformance being attributable to luck are:

Prime LOU’s 22.02% gross annualized return minus S&P’s 14.42% =

7.60%

Chances of outperforming the S&P by 7.60% in a single year =

7.60%

Chances of outperforming the S&P by 7.60% over 15 years (32.64%^15) =

0.000005085%

or

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