+6.4%
PAYX vs WAT
+52.2%
-45.8%
-45.0%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | WAT | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.4% | -0.8% | +1.2% | +0.5% |
| 7D | -7.9% | -2.9% | -5.0% | -7.5% |
| 30D | -5.0% | -3.2% | -1.8% | -4.6% |
| 3M | +15.1% | +10.6% | +4.5% | +13.4% |
| 6M | +23.9% | +34.0% | -10.1% | +18.2% |
| YTD | +6.2% | +5.7% | +0.4% | +4.8% |
| 1Y | -9.6% | +37.1% | -46.7% | -14.8% |
| All | +6.4% | +52.2% | -45.8% | -0.8% |
Cumulative growth
Daily Returns
Daily percentage return beside WAT.
Daily Out/Under-Performance
Portfolio return minus WAT return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × WAT 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 WAT 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