-10.6%
BITO vs PAYX
+10.9%
-21.4%
-77.9%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | PAYX | Excess | Alpha |
|---|---|---|---|---|
| 1D | 0.0% | +0.5% | -0.5% | -0.3% |
| 7D | -3.4% | -4.9% | +1.4% | -1.2% |
| 30D | +21.4% | -3.8% | +25.2% | +23.6% |
| 3M | +20.5% | +17.9% | +2.6% | +10.2% |
| 6M | +7.4% | +26.1% | -18.7% | -6.1% |
| YTD | -13.9% | +6.7% | -20.6% | -17.6% |
| 1Y | -35.1% | -10.7% | -24.3% | -31.1% |
| 3Y | +156.8% | +7.0% | +149.9% | +126.4% |
| All | -10.6% | +10.9% | -21.4% | -20.8% |
Cumulative growth
Daily Returns
Daily percentage return beside PAYX.
Daily Out/Under-Performance
Portfolio return minus PAYX return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × PAYX 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 all: compounded portfolio wealth divided by compounded PAYX 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…
all analysis · Full analysis span regression · 6 months rolling