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The performance of a predetermined set of securities, used for comparison purposes. Such sets may be based on published indexes or may be customized to suit an investment strategy.


A standard against which a security's performance is compared. A benchmark is usually an index of securities of the same or similar class. Stocks are usually compared against stocks; bonds against bonds, etc. Another type of benchmark considers securities according to industry: a telecommunications stock may be compared to other telecommunications stocks. Likewise, mid-cap securities may be benchmarked against other mid-cap securities. Some indices, such as the Dow Jones Industrial Average and the S&P 500, are considered to be benchmarks for the wider economy.


A standard by which something is measured. For example, bond yields are generally compared to benchmark yields on U.S. Treasury securities of similar maturity. Mutual fund performance is often compared to changes in the Standard & Poor's 500 Stock Index.


An investment benchmark is a standard against which the performance of an individual security or group of securities is measured.

For example, the average annual performance of a class of securities over time is a benchmark against which current performance of members of that class and the class itself is measured.

When the benchmark is an index tracking a specific segment of the market, the changing value of the index not only measures the strength or weakness of its segment but is the standard against which the performance of individual investments within the segment are measured.

For example, the Standard & Poor's 500 Index (S&P 500) and the Dow Jones Industrial Average (DJIA) are the most widely followed benchmarks, or indicators, of the US market for large-company stocks and the funds that invest in those stocks.

There are other indexes that serve as benchmarks for both broader and narrower segments of the US equities markets, of international markets, and of other types of investments such as bonds, mutual funds, and commodities.

Individual investors and financial professionals often gauge their market expectations and judge the performance of individual investments or market sectors against the appropriate benchmarks. In a somewhat different way, the changing yield on the 10-year US Treasury bond is considered a benchmark of investor attitudes.

For example, a lower yield is an indication that investors are putting money into bonds, driving up the price, possibly because they expect stock prices to drop. Conversely, a higher yield indicates investors are putting their money elsewhere.

Originally the term benchmark was a surveyor's mark indicating a specific height above sea level.


A permanent reference mark,usually set in concrete or iron and used to establish the elevation above sea level or certain corners in a surveying system. All other measurements in the area should be checked for accuracy relative to the nearest benchmark, preferably against several nearby benchmarks to establish redundancy.

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Recommendation: To better ensure that the Dashboard provides accurate cost and schedule performance ratings, the Secretary of the Department of Transportation should direct the CIO to work with Automatic Dependent Surveillance-Broadcast officials to comply with OMB's guidance on updating investment cost and schedule data on the Dashboard at least monthly.
Comparative analysis of the reliability of job performance ratings.
Alan Mittermaier notes that "Current and new Medicare-eligibles in many areas of the country can select a Medicare Advantage plan that combines at least 4 Star performance ratings with low out-of-pocket costs regardless of their health status.
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The supplier performance ratings that will be offered through the living markets platform combine Open Ratings' patent-pending predictive scoring of the likely performance of a vendor, based on criteria including timeliness, responsiveness and customer satisfaction, with D&B's unparalleled information about a company's financial strength and operating history.
Rating Modifiers are assigned to Best's Ratings and Financial Performance Ratings to identify companies whose rating opinions are Under Review (u) and may be subject to near-term change; or Qualified (q) which may be assigned to HMOs, Canadian insurers and U.
The performance ratings of USAA demonstrates best practices in how to conduct business in the insurance industry and should be emulated by all customer-centric insurance executives.
Addx is honored to receive the Small Business Achievement Award for our support in the Screening Partnership Program and high performance ratings by the Transportation Security Agency," stated Bill Millward, CEO of Addx Corporation.
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Webraska, a worldwide provider of mobile GPS navigation solutions and high-end geospatial software platforms for wireless carriers and LBS, Fleet Management and Internet portals including Sensis, Orange and Vodafone, is pleased to announce the record-breaking performance ratings of its latest SmartZone Geospatial Platform, SGP version 4.

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