+6.4%
PAYX vs IOVA
+36.1%
-29.7%
-45.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | IOVA | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.4% | -3.4% | +3.8% | +0.5% |
| 7D | -7.9% | -6.4% | -1.5% | -7.8% |
| 30D | -5.0% | +25.4% | -30.5% | -5.7% |
| 3M | +15.1% | +115.3% | -100.2% | +12.2% |
| 6M | +23.9% | +56.5% | -32.6% | +21.7% |
| YTD | +6.2% | +198.2% | -192.0% | +1.8% |
| 1Y | -9.6% | +242.0% | -251.6% | -13.9% |
| All | +6.4% | +36.1% | -29.7% | -1.3% |
Cumulative growth
Daily Returns
Daily percentage return beside IOVA.
Daily Out/Under-Performance
Portfolio return minus IOVA return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × IOVA 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 IOVA 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