Are you new to the cryptocurrency world and feeling a bit lost? Don't worry, you are not alone. The cryptocurrency space can be daunting for newcomers, with its many terms, abbreviations and definitions that can be difficult to understand.
ATAIX crypto glossary will help make sense of some of the most common cryptocurrency terms and definitions. Armed with this information, you'll be ready to start participating in this exciting and innovative new economy!
A benchmark is a standard counter to which the performance of an asset or investment portfolio can be measured. Indexes, which are financial instruments that reflect a set of individual market prices or data points, are among the most popular types of benchmarks. For example, the S&P 500 index measures the market capitalization of 500 large US companies. A qualified committee chooses these companies based on a weighted formula.
In the world of computer science, benchmarking is a term that refers to the process of executing several computer processes and software to assess the relative performance of a product or service. Many benchmarking tools are commercialized as software designed to evaluate huge volumes of data.
Benchmarking can also be employed in business analysis as a technique that frequently includes the measurement and comparison of company behavior and performance - either against what would be deemed the most productive or acceptable practice or against other highly successful firms.