-16.2%
CDNS vs PAYX
-6.2%
-10.0%
-29.7%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | PAYX | Excess | Alpha |
|---|---|---|---|---|
| 1D | -4.0% | -2.7% | -1.3% | -3.0% |
| 7D | -14.0% | -4.2% | -9.8% | -12.7% |
| 30D | -13.2% | +2.9% | -16.1% | -14.0% |
| 3M | -28.9% | +23.6% | -52.5% | -35.4% |
| 6M | -4.2% | +30.0% | -34.2% | -16.0% |
| YTD | -6.4% | +12.2% | -18.5% | -15.6% |
| 1Y | -16.2% | -7.5% | -8.7% | -22.2% |
| All | -16.2% | -6.2% | -10.0% | -22.2% |
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 1y: 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…
1y analysis · Full analysis span regression · 6 months rolling