+7.0%
PAYX vs HBM
+458.1%
-451.2%
-45.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | HBM | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.5% | -0.5% | +1.0% | +0.5% |
| 7D | -4.9% | -3.3% | -1.6% | -4.9% |
| 30D | -3.8% | -4.8% | +1.0% | -3.8% |
| 3M | +17.9% | -0.4% | +18.3% | +18.3% |
| 6M | +26.1% | +17.9% | +8.2% | +26.3% |
| YTD | +6.7% | +33.7% | -27.0% | +5.7% |
| 1Y | -10.7% | +95.6% | -106.3% | -13.5% |
| 3Y | +7.0% | +458.1% | -451.2% | -7.4% |
| All | +7.0% | +458.1% | -451.2% | -7.4% |
Cumulative growth
Daily Returns
Daily percentage return beside HBM.
Daily Out/Under-Performance
Portfolio return minus HBM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × HBM 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 HBM 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