+7.0%
PAYX vs ARES
+35.4%
-28.4%
-45.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | ARES | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.5% | +0.8% | -0.2% | +0.4% |
| 7D | -4.9% | -6.1% | +1.2% | -3.7% |
| 30D | -3.8% | -7.5% | +3.7% | -2.4% |
| 3M | +17.9% | +0.1% | +17.8% | +17.7% |
| 6M | +26.1% | +30.3% | -4.2% | +19.1% |
| YTD | +6.7% | -16.6% | +23.4% | +9.6% |
| 1Y | -10.7% | -26.1% | +15.4% | -6.5% |
| 3Y | +7.0% | +36.4% | -29.5% | -1.5% |
| All | +7.0% | +35.4% | -28.4% | -1.5% |
Cumulative growth
Daily Returns
Daily percentage return beside ARES.
Daily Out/Under-Performance
Portfolio return minus ARES return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × ARES 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 3y: compounded portfolio wealth divided by compounded ARES 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…
3y analysis · Full analysis span regression · 6 months rolling