A benchmark is a standard against which the performance of something can be measured.
Real-life application: The S&P 500 is often used as a benchmark for stocks and stock portfolios to be measured against.
Q&A: What is a benchmark?
A benchmark is a standard against which the performance of something can be measured.
Real-life application: The S&P 500 is often used as a benchmark for stocks and stock portfolios to be measured against.