+2.7%
PAYX vs TEM
+47.5%
-44.8%
-45.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | TEM | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.5% | +0.5% | +0.1% | +0.5% |
| 7D | -4.9% | -8.7% | +3.8% | -4.5% |
| 30D | -3.8% | +8.1% | -11.9% | -4.3% |
| 3M | +17.9% | +19.0% | -1.1% | +16.5% |
| 6M | +26.1% | +12.0% | +14.1% | +24.6% |
| YTD | +6.7% | -0.1% | +6.8% | +5.9% |
| 1Y | -10.7% | -33.5% | +22.8% | -10.1% |
| All | +2.7% | +47.5% | -44.8% | -0.7% |
Cumulative growth
Daily Returns
Daily percentage return beside TEM.
Daily Out/Under-Performance
Portfolio return minus TEM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × TEM 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 TEM 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