-7.5%
PAYX vs ALM
+318.3%
-325.8%
-36.4%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | ALM | Excess | Alpha |
|---|---|---|---|---|
| 1D | -2.7% | -1.5% | -1.2% | -2.8% |
| 7D | -4.2% | -2.6% | -1.6% | -4.3% |
| 30D | +2.9% | +32.0% | -29.1% | +4.1% |
| 3M | +23.6% | -15.0% | +38.7% | +24.7% |
| 6M | +30.0% | -10.1% | +40.2% | +31.0% |
| YTD | +12.2% | +99.4% | -87.2% | +12.7% |
| 1Y | -7.5% | +316.4% | -323.8% | -9.5% |
| All | -7.5% | +318.3% | -325.8% | -9.5% |
Cumulative growth
Daily Returns
Daily percentage return beside ALM.
Daily Out/Under-Performance
Portfolio return minus ALM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × ALM 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 ALM 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