Benchmark Definition & Meaning - Merriam-Webster
https://www.merriam-webster.com/dictionary/benchmark
Comparing a portfolio's returns to a benchmark is a way to measure a portfolio manager's skill. It answers the question, \"What value was added by the manager's decisions.\" The difference in the portfolio and benchmark returns, called tracking error, quantifies this. Tracking error gives investors a sense of how \"tight\" the portfolio in question...
Comparing a portfolio's returns to a benchmark is a way to measure a portfolio manager's skill. It answers the question, \"What value was added by the manager's decisions.\" The difference in the portfolio and benchmark returns, called tracking error, quantifies this. Tracking error gives investors a sense of how \"tight\" the portfolio in question...
DA: 67 PA: 14 MOZ Rank: 55