-24.5%
MELI vs PAYX
+7.8%
-32.3%
-32.9%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | PAYX | Excess | Alpha |
|---|---|---|---|---|
| 1D | +4.7% | +2.6% | +2.0% | +4.0% |
| 7D | +4.0% | +9.7% | -5.7% | +1.7% |
| 30D | -6.5% | +20.2% | -26.7% | -11.0% |
| 3M | -7.9% | +1.1% | -8.9% | -8.3% |
| 6M | -4.1% | +32.7% | -36.8% | -12.0% |
| YTD | -13.6% | +10.5% | -24.2% | -12.5% |
| 1Y | -24.5% | +8.7% | -33.3% | -23.3% |
| All | -24.5% | +7.8% | -32.3% | -23.3% |
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