+6.4%
PAYX vs ESTC
+7.0%
-0.6%
-45.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | ESTC | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.4% | -3.6% | +4.0% | +0.8% |
| 7D | -7.9% | -13.2% | +5.2% | -6.4% |
| 30D | -5.0% | +9.3% | -14.4% | -6.3% |
| 3M | +15.1% | +37.3% | -22.2% | +10.6% |
| 6M | +23.9% | +61.0% | -37.1% | +16.9% |
| YTD | +6.2% | +10.7% | -4.5% | +2.8% |
| 1Y | -9.6% | -7.2% | -2.5% | -11.7% |
| All | +6.4% | +7.0% | -0.6% | +1.2% |
Cumulative growth
Daily Returns
Daily percentage return beside ESTC.
Daily Out/Under-Performance
Portfolio return minus ESTC return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × ESTC 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 ESTC 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