+17.8%
ON vs PAYX
+20.5%
-2.8%
-47.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | PAYX | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.1% | +0.4% | -1.5% | -0.8% |
| 7D | -4.7% | -7.9% | +3.2% | -11.9% |
| 30D | -13.5% | -5.0% | -8.4% | -17.1% |
| 3M | -36.3% | +15.1% | -51.4% | -22.8% |
| 6M | +17.8% | +23.9% | -6.2% | +44.9% |
| All | +17.8% | +20.5% | -2.8% | +44.9% |
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 6mo: 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…
6mo analysis · Full analysis span regression · 6 months rolling