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The phrase "a relative performance of" is correct and usable in written English.
It can be used when discussing the performance of something in comparison to another or in relation to a standard.
Example: "The report provides a relative performance of the company's sales figures compared to last year's results."
Alternatives: "a comparative performance of" or "an assessment of performance relative to".
Exact(8)
A relative performance of 100 indicates the group's performance matched the S&P.
(A relative performance of 100 means that a stock matched the index; a higher figure indicates the stock beat the index).
Measured against the S&P 500, this universe of initial public offerings has a relative performance of 104, slightly better than an S&P-matching score of 100.
On a relative-to-market basis, the stocks we liked had a relative performance of 104 against the Standard & Poor's 500, and 124 against the Nasdaq.
In this case, we have a relative performance of 1.0040, meaning that the MDP formulation offers less than 0.4%% improvement when compared to the LP formulation.
The stocks we didn't like had a relative performance of 100 against the S&P, but their relative performance of 114 against the Nasdaq means that they failed to drop as much as the faltering Nasdaq.
Similar(52)
But again, the error level of our attempt is in overall ca. 8 % lower than that of PPCA regardless of the choice of K, which demonstrates a relative performance gain of 30 to 40%%.
A relative performance assessment of copper tin sulfide (CTS) thin film solar cells with different phases such as, cubic, tetragonal, and orthorhombic as an absorber layer has been carried out by AMPS-1D simulation software.
Here, we also observe large gains with our SE front-end, i.e., our best SE front-end achieved a relative performance improvement of 50%% over a strong DNN-based ASR back-end.
A relative performance status of 0 2 was needed.
When performance is measured against the first day's closing price, our entire universe of new issues has an 81% average gain and an average relative performance of just 86.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com