+7.0%
PAYX vs USFR
+14.1%
-7.2%
-45.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | USFR | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.5% | +0.1% | +0.5% | +0.5% |
| 7D | -4.9% | +0.1% | -5.0% | -4.9% |
| 30D | -3.8% | +0.4% | -4.2% | -3.9% |
| 3M | +17.9% | +1.0% | +16.8% | +17.5% |
| 6M | +26.1% | +2.0% | +24.1% | +26.6% |
| YTD | +6.7% | +2.8% | +4.0% | +8.0% |
| 1Y | -10.7% | +4.1% | -14.8% | -8.3% |
| 3Y | +7.0% | +14.1% | -7.2% | +49.4% |
| All | +7.0% | +14.1% | -7.2% | +49.4% |
Cumulative growth
Daily Returns
Daily percentage return beside USFR.
Daily Out/Under-Performance
Portfolio return minus USFR return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × USFR 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 USFR 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