+392.8%
HL vs PAYX
+6.4%
+386.4%
-55.8%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | PAYX | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.2% | +0.5% | -1.7% | -1.2% |
| 7D | -4.4% | -4.9% | +0.5% | -4.5% |
| 30D | +9.3% | -3.8% | +13.1% | +9.2% |
| 3M | +32.0% | +17.9% | +14.1% | +31.3% |
| 6M | -6.4% | +26.1% | -32.5% | -7.1% |
| YTD | +3.1% | +6.7% | -3.6% | +4.8% |
| 1Y | +77.6% | -10.7% | +88.3% | +87.3% |
| 3Y | +392.8% | +7.0% | +385.9% | +393.2% |
| All | +392.8% | +6.4% | +386.4% | +393.2% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling