-9.6%
PAYX vs CMS
-1.5%
-8.1%
-35.6%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | CMS | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.4% | -0.7% | +1.1% | +0.4% |
| 7D | -7.9% | -1.3% | -6.6% | -7.8% |
| 30D | -5.0% | -2.8% | -2.3% | -4.9% |
| 3M | +15.1% | -7.1% | +22.2% | +16.3% |
| 6M | +23.9% | -10.0% | +34.0% | +24.7% |
| YTD | +6.2% | -0.9% | +7.1% | +4.4% |
| 1Y | -9.6% | -2.0% | -7.6% | -11.7% |
| All | -9.6% | -1.5% | -8.1% | -11.7% |
Cumulative growth
Daily Returns
Daily percentage return beside CMS.
Daily Out/Under-Performance
Portfolio return minus CMS return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × CMS 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 CMS 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