+22.0%
PAYX vs ACM
-0.5%
+22.5%
-45.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | ACM | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.4% | -1.8% | +2.1% | +1.0% |
| 7D | -7.9% | -5.9% | -2.0% | -5.9% |
| 30D | -5.0% | -6.2% | +1.2% | -3.2% |
| 3M | +15.1% | -7.9% | +23.0% | +17.6% |
| 6M | +23.9% | -30.6% | +54.5% | +39.7% |
| YTD | +6.2% | -33.3% | +39.5% | +21.0% |
| 1Y | -9.6% | -49.2% | +39.6% | +14.0% |
| 3Y | +5.8% | -23.5% | +29.3% | +8.8% |
| 5Y | +22.0% | +0.9% | +21.0% | +11.9% |
| All | +22.0% | -0.5% | +22.5% | +11.9% |
Cumulative growth
Daily Returns
Daily percentage return beside ACM.
Daily Out/Under-Performance
Portfolio return minus ACM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × ACM 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 5y: compounded portfolio wealth divided by compounded ACM 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…
5y analysis · Full analysis span regression · 6 months rolling