+24.0%
TSM vs PAYX
+20.5%
+3.4%
-21.5%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 6mo.
| Period | Portfolio | PAYX | Excess | Alpha |
|---|---|---|---|---|
| 1D | -1.7% | +0.4% | -2.1% | -1.5% |
| 7D | +2.6% | -7.9% | +10.6% | -2.2% |
| 30D | +1.4% | -5.0% | +6.5% | -1.4% |
| 3M | +5.0% | +15.1% | -10.2% | +15.6% |
| 6M | +24.0% | +23.9% | 0.0% | +42.9% |
| All | +24.0% | +20.5% | +3.4% | +42.9% |
Cumulative growth
Daily Returns
Daily percentage return beside PAYX.
Daily Out/Under-Performance
Portfolio return minus PAYX return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × PAYX 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 6mo: compounded portfolio wealth divided by compounded PAYX 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…
6mo analysis · Full analysis span regression · 6 months rolling