Definitions for "Performance Measurement"
A form of analysis that attempts to compare investment manager performance. It can be critically affected by the time period selected and while some attempts have been made to look at risk adjusted returns, generally it is very difficult to assess the quality of those returns. Good performance measurement should include: a) analysis of performance over a business cycle (typically 3-5 years) and assessment of returns on a quarterly basis, ideally by sectors as well as total returns; b) ensuring that like is being compared with like the best way to do this is to look at each manager's benchmark, or risk profile, and compare performance against the benchmark, preferably on a sector basis; and c) analysis of the reason for any extreme out-or-under performance in a given period (eg. whether a large overweight position exists in one or a few securities or a sector).
Involves ongoing data collection to determine if a program is implementing activities and achieving objectives. It measures inputs, outputs, and outcomes over time. In general, pre-post comparisons are used to assess change.
Measurement on a regular basis of the results and efficiency of services or programs.
The calculation of the return realized by a money manager over some time interval.
The comparison of the results of business processes with each other or with standards in order to know the effectiveness of these processes and/or the supportive actions.
Any method utilized to gather data that provides a basis for appraising performance.
Keywords:  stock, shares
Performance shares Performance stock