-78.0%
PATH vs PAYX
+47.0%
-125.0%
-89.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | PAYX | Excess | Alpha |
|---|---|---|---|---|
| 1D | -16.6% | -2.7% | -13.9% | -14.2% |
| 7D | -16.3% | -4.2% | -12.1% | -12.6% |
| 30D | +9.9% | +2.9% | +7.0% | +7.9% |
| 3M | +30.2% | +23.6% | +6.5% | +8.4% |
| 6M | +37.2% | +30.0% | +7.2% | +10.1% |
| YTD | -7.3% | +12.2% | -19.5% | -15.8% |
| 1Y | +40.0% | -7.5% | +47.5% | +48.9% |
| 3Y | -4.4% | +10.1% | -14.5% | -18.1% |
| 5Y | -76.0% | +25.1% | -101.2% | -80.5% |
| All | -78.0% | +47.0% | -125.0% | -83.2% |
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 all: 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…
all analysis · Full analysis span regression · 6 months rolling