a point of reference or standard against which to measure performance. Originally used for a set of computer programs to measure the performance of a computer against similar models, benchmark is now used more generally to describe a measure identified in the context of a benchmarking program against which to evaluate an organization's performance in a specific area.
Wiktionary Definition for: Benchmark
a standard by which something is evaluated or measured
a surveyor's mark made on some stationary object and shown on a map; used as a reference point
To measure the performance of an item relative to another similar item in an impartial scientific manner
The objective of this article is to distinguish between the different types of equity indexes on the basis of the investment needs that such indexes fulfill. In this regard, it classifies equity indexes in three broad categories: Indicators are indexes that do not possess the qualities of a good performance...
Portfolio theory must address the fact that in reality, portfolio managers are evaluated relative to a benchmark, and therefore adopt risk management practices to account for the benchmark performance. We capture this risk management consideration by allowing a prespecified shortfall from a target benchmark-linked return, consistent with growing interest in...
The U.S. Treasury securities market is a benchmark. As obligations of the U.S. government, Treasury securities are considered to be free of default risk. The market is therefore a benchmark for risk-free interest rates, which are used to forecast economic developments and to analyze securities in other markets that contain...
Dave Goldberg is an entrepreneur-in-residence at VC firm Benchmark Capital, where he works to evaluate and identify investment opportunities. Benchmark has has $3.5 billion in capital under management and has invested in such companies as Friendster and Linden Research, Inc., the creator of Second Life. In this interview, Goldberg talks...
Managing an index fund is a basis-point game. Unlike active equity managers, who hope their fund’s performance will consistently rank high relative to their benchmark and peers, index fund managers are usually indifferent about the absolute performance of the index itself. That is not to imply that index fund managers...
WESTBORO, Mass.--BUSINESS WIRE--July 8, 1996 -- Data General Corporation today announced the highest benchmark results to date for PeopleSoft Receivables 5. The software ran in the DG/UX operating environment on an Intel based AViiON server with the Oracle7 database.
RESTON, Va.--BUSINESS WIRE--March 12, 1996--Digital Equipment Corporation and Software AG today announced the best performance results for SAP's standard sales & distribution SD benchmark using Digital's powerful 64-bit Alpha architecture and Software AG's high performance relational database ADABAS D. The benchmark achieved an average dialog response time of 1.44...