+14.0%
PAYX vs CAVA
+33.0%
-19.0%
-45.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for all.
| Period | Portfolio | CAVA | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.5% | +3.5% | -2.9% | +0.3% |
| 7D | -4.9% | -8.0% | +3.2% | -4.3% |
| 30D | -3.8% | -19.6% | +15.8% | -2.4% |
| 3M | +17.9% | -36.7% | +54.5% | +21.3% |
| 6M | +26.1% | -30.6% | +56.7% | +28.5% |
| YTD | +6.7% | -4.8% | +11.5% | +6.0% |
| 1Y | -10.7% | -13.1% | +2.4% | -11.2% |
| 3Y | +7.0% | +48.8% | -41.8% | +2.8% |
| All | +14.0% | +33.0% | -19.0% | +10.5% |
Cumulative growth
Daily Returns
Daily percentage return beside CAVA.
Daily Out/Under-Performance
Portfolio return minus CAVA return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × CAVA 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 CAVA 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