+7.0%
PAYX vs NXT
+90.7%
-83.8%
-45.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | NXT | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.5% | +1.9% | -1.4% | +0.6% |
| 7D | -4.9% | -1.9% | -3.0% | -4.9% |
| 30D | -3.8% | -20.0% | +16.2% | -4.5% |
| 3M | +17.9% | -30.7% | +48.6% | +16.8% |
| 6M | +26.1% | -29.0% | +55.0% | +25.0% |
| YTD | +6.7% | -4.8% | +11.6% | +5.5% |
| 1Y | -10.7% | +22.8% | -33.5% | -12.2% |
| 3Y | +7.0% | +93.9% | -87.0% | +2.3% |
| All | +7.0% | +90.7% | -83.8% | +2.3% |
Cumulative growth
Daily Returns
Daily percentage return beside NXT.
Daily Out/Under-Performance
Portfolio return minus NXT return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × NXT 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 NXT 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