+6.0%
PAYX vs CMS
+34.5%
-28.5%
-45.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | CMS | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.9% | -0.9% | -1.0% | -1.6% |
| 7D | -7.5% | +0.2% | -7.6% | -7.5% |
| 30D | -5.3% | -1.3% | -4.0% | -5.0% |
| 3M | +15.6% | -5.4% | +21.0% | +17.7% |
| 6M | +19.5% | -10.3% | +29.8% | +23.3% |
| YTD | +5.8% | -0.2% | +6.0% | +4.6% |
| 1Y | -10.9% | -0.9% | -10.0% | -11.7% |
| All | +6.0% | +34.5% | -28.5% | -1.7% |
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 3y: 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…
3y analysis · Full analysis span regression · 6 months rolling