Benchmark

RECENT NEWS
The Economic Times  Mar 20  Comment 
For worst affected cells having over 3 % traffic channel drop during cell bouncing busy hour or any other hour of a day, the benchmark is less than or equal to 3%.
MarketWatch  Mar 19  Comment 
Benchmark 30-year mortgage rate drops
The Economic Times  Mar 19  Comment 
Talent benchmarking has always been part of core strategy of successful businesses but the process and parameters have now undergone a paradigm shift.
The Straits Times  Mar 15  Comment 
March 16, 2015 1:48 AM A KEY benchmark local interest rate has surged to a level not seen since early 2009.
TechCrunch  Mar 11  Comment 
 Hiring is the No. 1 thing founders waste their time on. Not because it’s not important. Bad hires can be toxic. But because it’s inefficient. Sourcing, interviewing and selecting candidates is tough enough, and most recruiting tools can’t...
The Hindu Business Line  Mar 5  Comment 
MapR Technologies, a distributor for Apache's Hadoop technology, has released the industry's first benchmark results for big data systems. These tests were based on a configuration of the...
The Times of India  Mar 5  Comment 
With the markets on a steady rise, equity mutual funds (MF) are on a roll beating their benchmark indices by a huge margin.
MarketWatch  Feb 27  Comment 
Best month in a year for London benchmark FTSE 100
MarketWatch  Feb 24  Comment 
London stock-market benchmark FTSE 100 closes at all-time high
MarketWatch  Feb 24  Comment 
The U.K.’s benchmark FTSE 100 was little changed Tuesday, but shares of BHP Billiton rose after the mining heavyweight’s fall in profit was lower than anticipated.




 

Benchmark

A benchmark is a proxy for a market, economy, class of equity, or sector, generally setting a standard against which the performance of a stock, bond, mutual fund, commodity, or other security is measured.

Benchmarks are also used to gauge the health of a market, sector, or entire economy.

Examples

  • The S&P 500 (.SPX-E) and Dow Jones Industrial Average (.DJIA) are often used as benchmarks for the United States economy in general. That is to say, their performance is used both to gauge the health of the economy and as a reference of comparison for the performance of a stock portfolio or mutual fund.

Benchmark

A real benchmark |ˈbɛntʃˌmɑrk| is an unmovable surveyor's mark cut concrete or stone, and used as a reference point in measuring altitudes. There is no such thing as a floating benchmark. [1]

From an investors view, cash is used as a benchmark to gauge the returns on there principal, and governments use cash as a benchmark to levy there taxes on.

Wall Street uses benchmarks that they make up themselves to justify their fees. [1] Generally, the earnings multiple for the market as a whole is a helpful benchmark. [2] Benchmarks are a smokescreen used by Wall Street to distract investors from gauging their investment returns against cash. Comparisons are fraught with peril, because a fund can look unjustifiably good or bad if it is compared with the wrong index. [3] Investors are concerned with absolute, not relative risk and return. Minimizing risk is about diversification. [4]

From "surveyor's point of reference," 1838, [2]

References

  1. Wall Street words: an A to Z guide to investment terms for today's investor By David Logan Scott ISBN-10: 0618176519 pg364,<ref> The fee increases or decreases proportionately with the investment performance for the fund compared to the index. <ref>Mutual Funds: An Introduction to the Core Concepts by Dr. Mark Mobius ISBN-10: 0470821434 Chapter 1</li> <li id="_note-1">[[#_ref-1|↑]] A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing By Burton Gordon Malkiel ISBN-10: 0393062457 pg122</li> <li id="_note-2">[[#_ref-2|↑]] Mark Hulbert, New York Times, January 8, 2006</li> <li id="_note-3">[[#_ref-3|↑]] Dean LeBaron's Treasury of Investment Wisdom: 30 Great Investing Minds by Dean LeBaron and Romesh Vaitilingam ISBN-10: 0471152943 pg118</li></ol></ref>

See Also

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