+7.0%
PAYX vs LTH
+153.8%
-146.9%
-45.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | LTH | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.5% | 0.0% | +0.5% | +0.5% |
| 7D | -4.9% | -4.0% | -0.9% | -4.3% |
| 30D | -3.8% | -5.3% | +1.5% | -3.2% |
| 3M | +17.9% | +19.0% | -1.1% | +15.2% |
| 6M | +26.1% | +55.8% | -29.7% | +17.8% |
| YTD | +6.7% | +56.1% | -49.4% | -0.5% |
| 1Y | -10.7% | +41.3% | -52.0% | -15.6% |
| 3Y | +7.0% | +156.6% | -149.7% | -7.7% |
| All | +7.0% | +153.8% | -146.9% | -7.7% |
Cumulative growth
Daily Returns
Daily percentage return beside LTH.
Daily Out/Under-Performance
Portfolio return minus LTH return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × LTH 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 LTH 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