-10.8%
NVTS vs PAYX
+7.8%
-18.6%
-75.1%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | PAYX | Excess | Alpha |
|---|---|---|---|---|
| 1D | +9.0% | +2.6% | +6.3% | +10.8% |
| 7D | -0.3% | +9.7% | -10.0% | +6.6% |
| 30D | -24.4% | +20.2% | -44.6% | -14.0% |
| 3M | -26.5% | +1.1% | -27.5% | -24.8% |
| 6M | -41.4% | +32.7% | -74.1% | -33.0% |
| YTD | +30.7% | +10.5% | +20.1% | +43.7% |
| 1Y | -10.8% | +8.7% | -19.5% | -2.5% |
| All | -10.8% | +7.8% | -18.6% | -2.5% |
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